Moyen Orient

Les États du Moyen-Orient ont conclu environ 600 accords d’investissement. 44 procédures de règlement des différends entre investisseur et Etat (ISDS, selon l’acronyme anglais) ont été engagées contre des pays du Moyen-Orient, tandis que des investisseurs de la région ont également engagé 44 procédures.

En 2013, la société Al-Kharafi & Sons Co, investisseur du Koweït, a obtenu 935 millions de dollars dans le cadre de l’Accord unifié pour l’investissement des capitaux arabes dans les États arabes, dans le cadre d’un litige portant sur un contrat de location de terrain en vue d’un projet touristique en Libye, ce qui en fait l’une des plus importantes sentences arbitrales connues à ce jour. Il n’avait investi qu’environ 5 millions de dollars, mais le tribunal d’arbitrage a décidé que la Libye devait également compenser les profits qui auraient été réalisés pendant les 90 ans du contrat de location et qui étaient maintenant perdus.

Photo : President of Azerbaijan / CC BY 4.0

(avril 2020)

| 25-avr-2014
The Ministry of Water and Power has approached the Washington-based International Centre for Settlement of Investment Disputes (ICSID) and challenged the jurisdiction of a tribunal which has been hearing a damage suit worth $334 million sought by a Turkish power firm, Karkey Karadeniz Elektrik Uretim (KKEU), against Pakistan.
| 4-mar-2014
Pakistan has sought a 20-day extension to file its reply to the International Centre for Settlement of Investment Disputes (ICSID) against a damage claim of $2.1 billion filed by Turkish firm M/s Karkey Karadeniz Elektrik Uretim. The sources said Pakistan had to submit its reply to the international body by February 28, 2014 but it was delayed due to a change in legal firm.
| 11-fév-2014
Karkey Karadeniz Electricity Production Corporation (Karkey) has filed a memorial to the World Bank’s International Centre for Investment Disputes (ICSID) claiming $2.1 billion damages against government of Pakistan.
Fraud Intelligence | 2-fév-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.
IISD | 20-jan-2014
Libya ordered to pay US$935 million to Kuwaiti company for cancelled investment project ; jurisdiction established under Unified Agreement for the Investment of Arab Capital.
Economic Times | 18-déc-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.
| 2-nov-2013
Pakistan has landed in hot waters following the provisional decision of ICSID (international court for settlement of investment disputes) announced on October 16 which says that government of Pakistan should allow the Karkey’s vessel based power generation unit to move from Karachi port, as Supreme Court’s verdict is quite vivid that says that unless and until Karkey gives $ 128 million to Pakistan it cannot be allowed to leave the port, Pakistan Observer has learnt reliably.
| 20-jui-2013
The Turkish power firm Karkey Karadeniz Elektrik Uretim (KKEU) has approached the Washington based International Centre for Settlement of Investment Disputes (ICSID) against Pakistan’s water and power ministry and also served a Rs33billion damage notice on the ministry, sources said on Wednesday.