Cementos La Union v. Egypt Cementos La Union S.A. and Aridos Jativa S.L.U v. Arab Republic of Egypt (ICSID Case No. ARB/13/29)
Majority shareholding (60 per cent) in the cement manufacturing company Arabian Cement Company that had concluded the construction of a cement production facility in Suez.
Claims arising out of the alleged overpricing by the Government of an operating license for a cement manufacturing plant, and the application of an allegedly uncommon system of granting the licenses through tenders.
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)
Söderlund, C.
Brower, C. N.
Sands, P.
Decided in favour of neither party (liability found but no damages awarded)
Award dated 30 October 2020
Concurring and Dissenting Opinion by Charles N. Brower
Data not available
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

ICSID annulment proceedings
ICSID annulment proceedings
Pinto, M. (President)

Miles, W. J. (Member)

Wallgren-Lindholm, C. (Member)