Al-Tuwairqi v. Pakistan Hilal Hussain Al-Tuwairqi and Al-Tuwairqi Holding v. Pakistan (PCA Case No. 2018-34)
Saudi Arabia
Investments in a steel manufacturing plant in Bin Qasim, Karachi, constructed and operated by local subsidiary Tuwairqi Steel Mills Limited as part of a joint venture.
Secondary: C - Manufacturing
24 - Manufacture of basic metals
PCA (Permanent Court of Arbitration)
Moollan, S.
Beechey, J.
Al-Khasawneh, A. S.
Decided in favour of State
Award dated 2023
500.00 mln USD
Data not available
Data not available
None - all claims dismissed at the merits stage