• Thursday, 25 February 2021

    Qalaa’s ASEC is taking Misr Beni-Suef to arbitration

    Qalaa Holdings subsidiary the Arab Swiss Engineering Company (ASEC) has filed an arbitration suit against Misr Beni-Suef Cement to resolve a contractual dispute, Qalaa said in a regulatory filing (pdf). ASEC has been managing Beni-Suef’s factory for over 20 years....
  • Tuesday, 23 February 2021

    Project “bring Damietta LNG back to life” to fully ratchet up on 15 March

    EXCLUSIVE- Dispute that put Damietta LNG in a coma to end next month: It seems possible that the plant will be making regular scheduled shipments starting from next month, as a final agreement to establish a new ownership structure for...
  • Tuesday, 23 February 2021

    Revenge of the Luddites, Part III: Vezeeta edition

    The Pharmacists Syndicate is still fighting tech advancements in the industry and is now filing a lawsuit against Vezeeta, accusing the digital healthcare platform of illegally selling meds directly to consumers through its newly launched e-pharmacy, the syndicate said in...
  • Monday, 4 January 2021

    Zombie arbitration back from the dead

    UK construction firm Malicorp is reportedly preparing to file a fresh international arbitration case against the Civil Aviation Ministry for terminating a contract for the Ras Sudr airport, Al Mal reports, citing unnamed sources with knowledge of the matter. The...
  • Tuesday, 29 December 2020

    Neo’s got nothing on us

    Canadian fertilizer producer Nutrien has sold its entire 26% stake in state-owned Misr Fertilizers Production Company (Mopco) in a USD 540 mn transaction, according to regulatory by both companies (pdf) yesterday. Mopco bought some 59.57 mn shares at a price...
  • Monday, 21 December 2020

    DPA loses its appeal against USD 494 mn fine

    Damietta Port Authority loses appeal of USD 494 mn arbitration ruling: The Cairo Court of Appeals has upheld the International Court of Arbitration’s (ICC) ruling ordering the Damietta Port Authority (DPA) to pay over USD 494 mn in compensation to...
  • Sunday, 26 July 2020

    Egyptian court overturns NUCA decision to fine Qatari Diar’s East Gate EGP 1.3 bn

    DISPUTE WATCH- Court overturns NUCA decision to fine Qatari Diar’s East Gate EGP 1.3 bn: The Council of State’s (Maglis El Dawla) administrative court has overturned a decision from the New Urban Communities Authority (NUCA) to hand a EGP 1.3...
  • Sunday, 21 July 2019

    Cabinet looks to resolve Simo privatization dispute under dispute resolution committee

    The Madbouly Cabinet’s dispute resolution committee began last week looking into the six-year dispute over the unwinding of the privatization of the Middle East Paper Company (Simo), Al Mal reports. Investors, the largest of whom is Al Ahly Financial Investment...

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