Middle East

States from the Middle East have concluded over 600 trade deals. As of end of 2015, 32 ISDS cases involving countries from the region had been registered.

Turkey has been the most active, being respondent on 11 occasions and whose investors have initiated 19 litigations.

(January 2016)

Politics.hu | 3-Oct-2014
An ICSID arbitration panel rules in favour of Hungary against US/Israeli investors seeking €300 million in compensation for a failed casino project.
Reuters | 28-Apr-2014
The Qatar-based satellite network Al Jazeera served Egypt with a $150 million compensation claim on Monday for what it said was damage to its business inflicted by Cairo’s military rulers, a step likely to worsen Qatari-Egyptian relations.
FT | 28-Apr-2014
Al Jazeera has lodged a $150m claim for compensation against Egypt, turning to an international investor arbitration tribunal in its latest bid to fight a crackdown by the government in Cairo.
Fraud Intelligence | 2-Feb-2014
By losing its rights under a bilateral investment treaty against a sovereign due to corruptly securing its investment, Metal-Tech marks a seemingly growing trend of bribery playing a critical role in international investment arbitration disputes.
Economic Times | 18-Dec-2013
India has introduced provisions in the just-concluded bilateral investment protection and promotion agreement (BIPPA) with the United Arab Emirates to ensure that only executive decisions can be challenged and that too within a stipulated period.
| 10-Nov-2013
The International Centre for Settlement of Investment Disputes (ICSID), in Washington, DC, will hear a case by Israeli investors seeking more than 100 billion forints (EUR 337m) in damages from the state of Hungary because of a failed casino investment, daily Magyar Nemzet said on its website on Saturday.
| 8-Nov-2013
The federal government, which is facing financial crisis and seeking loans from IMF and other financial institutes, is willing to pay Rs90 million to a Pakistani law firm to plead its case in an international court.
IA Reporter | 27-Jun-2012
French multinational Veolia has had an ICSID arbitration claim registered against the Arab Republic of Egypt.
Almasry Alyoum | 12-Aug-2011
In violation of international agreements, natural gas has not flowed for months across the Sinai desert through the pipeline that connects Israel and Jordan to Egypt. Since former President Hosni Mubarak’s fall in February, political uncertainty and intermittent attacks have halted its delivery.
| 23-May-2011
UAE companies that have invested in Egypt may stand to lose millions of dollars as the state runs an investigation into alleged corruption by former government officials who sold land and assets to investors below market prices, lawyers say.

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