Did Egypt save EGP 5 bn in potential int’l arbitration disputes? The State Lawsuits Authority won international arbitration disputes in April and May that have together saved Egypt around EGP 5 bn, sources at the authority said. The authority mounted a successful defense of claims by French environmental services firm Veolia Propreté, said the authority’s Secretary General Mohamed Abdel Latif. The company had taken Egypt to international arbitration seeking a EGP 3.6 bn settlement over the breakdown of its six-year contract with Alexandria governorate for waste management services back in 2012. The story gives no details on the energy case.

On a related note, the government sources had said last month that there will amendments to the State Lawsuits Authority Act that would impact international arbitration cases. These sources said nothing by way of detail beyond stating that these amendments would help “improve procedures to reach quick resolutions on Egypt’s international and domestic cases.”