2021
Vicat v. Egypt Vicat S.A. v. Arab Republic of Egypt (ICSID Case No. ARB/21/35)
Egypt
France
Majority shareholding in Sinaï Cement Company.
Claims arising out of the Government’s alleged attempts to force the claimant to reduce its majority shareholding in Sinaï Cement Company by blocking Sinaï Cement’s management processes and operations. According to the claimant, Sinaï Cement faced a deadlock due to Government authorities’ interpretation of the legislation on foreign interests in the Sinai region.
Secondary: C - Manufacturing
23 - Manufacture of other non-metallic mineral products
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Radicati di Brozolo, L.
Griffith, G.
Legum, B.
Order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 43(1) dated 14 April 2022
Data not available
Data not available
Data not available
Not applicable - settled or discontinued before decision on liability
None