2011
Al-Kharafi v. Libya and others Mohamed Abdulmohsen Al-Kharafi & Sons Co. v. Libya and others
Libya
Kuwait
Rights under a lease agreement for the establishment of a tourism project concluded with the Tourism Development Authority.
Claims arising out of the issuance of a decision by the Libyan Minister of Industry, Economy and Trade by virtue of which a licence previously granted to the claimant for the establishment of a touristic investment project in Tripoli, Libya, was annulled.
Tertiary: L - Real estate activities
68 - Real estate activities
None (ad hoc)
CRCICA (Cairo Regional Center for International Commercial Arbitration)
El-Ahdab, A. H.
Fawzi, I.
El-Kamoudi El-Hafi, M.
Decided in favour of investor
1144.90 mln USD
935.00 mln USD
Arbitrary, unreasonable and/or discriminatory measures

Other
Arbitrary, unreasonable and/or discriminatory measures
Judicial review by national courts
Judicial review by national courts
Award/decision upheld
Decision of the Arab Investment Court dated 12 June 2014