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)

Reuters | 19-Apr-2019
Oman’s sovereign wealth fund has withdrawn an 80 million euro claim against Bulgaria over the collapse of Corporate Commercial Bank (Corpbank), the Bulgarian finance ministry said.
MENAFN | 26-Mar-2019
British Petroceltic announced filing an arbitration case against the Egyptian General Petroleum Corporation (EGPC) at the World Bank Group’s ICSID.
MENAFN | 20-Feb-2019
The Spanish Union Fenosa Gas (UFG) denies media reports that any settlement has been reached with Egypt in regard to the $2 billion dispute about the gas supply to the Damietta Liquefied Natural Gas plant.
Business Korea | 20-Feb-2019
Iran’s Dayyani group started a procedure to seize the South Korean government’s assets in the Netherlands after winning its investor-state dispute against it. This is the first time that such a procedure has been initiated against the South Korean government.
Jeune Afrique | 16-Jan-2019
En mai, le Cirdi a débouté Veolia mais le groupe français assure vouloir poursuivre son action au Caire afin que sa filiale puisse être dûment indemnisée.
Daily News Egypt | 7-Jan-2019
Compensation of partners to stop pumping of gas to Damietta LNG Plant with part of revenue.
Argentina Mejor Sin TLC | 28-Dec-2018
El Tratado mantiene amplios derechos para los inversores, incluidos algunos de los que usan con más frecuencia para demandar a los Estados: Trato Justo y Equitativo, la Expropiación Indirecta, el Trato Nacional y el Trato de Nación Más Favorecida.
Cambridge International Law Journal | 20-Nov-2018
A reasonable ICSID Tribunal would have followed the paths of previous arbitral decisions in determining the liability of a host state under the Full Protection and Security obligation, the Ampal Tribunal did not.
Publics.bg | 3-Sep-2018
The Spanish group will seek an agreement with the country to recover normality at the Damietta plant.
Romandie | 3-Sep-2018
Le groupe espagnol d’énergie Naturgy (ex-Gas Natural Fenosa) a annoncé avoir gagné son arbitrage devant la Banque mondiale contre l’Egypte, condamnée pour avoir coupé l’approvisionnement en gaz de son usine de liquéfaction de Damiette.

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