Almasryia for Operating & Maintaining Touristic Construction v. Kuwait

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Case Details

Year of Filing: 2018

Case Status: Annulment Pending

Claimant(s): Almasryia for Operating & Maintaining Touristic Construction Co. L.L.C.

Respondent(s): State of Kuwait

Arbitral Rules: ICSID

Legal Instrument: Treaty

Treaty: Belgium-Luxembourg-Turkey BIT

Administrative Case Number: ARB/18/2

Arbitral Tribunal

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Major Developments

Key Decision:

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Counsel

Counsel for Claimant:

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Counsel for Respondent:

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Three are in place to hear bid to annul Rule 41(5) award in Kuwaiti tourism development dispute Aug 5, 2020

Kuwait round-up: An update on pending treaty-based arbitrations against the state Apr 26, 2020

Almasryia files for annulment of unfavourable ICSID Arbitration Rule 41(5) award Mar 13, 2020

Revealed: In Article 41(5) award, majority of ICSID tribunal finds that cooling-off period is mandatory, and that contractual promise to transfer property does not amount to a property title Dec 24, 2019

By majority, arbitrators opt for early dismissal of investment treaty claim against Kuwait Nov 5, 2019

Kuwait investment arbitration round-up: new claims, new appointments, and updates on procedural status of older cases May 10, 2019

Ricardo Ramirez Hernandez picked to chair Almasryia v. Kuwait BIT arbitration Aug 4, 2018

Egyptian firm launches bilateral investment treaty arbitration against Kuwait Feb 14, 2018