DISPUTE WATCH- Arbitrators oversee survey of disputed Uptown Cairo land: Experts from the Cairo Regional Centre for International Commercial Arbitration (CRCICA) last Tuesday oversaw a land survey of Emaar Misr’s Uptown Cairo project as part of an ongoing dispute with state-owned El Nasr Housing, government sources told Al Shorouk. The surveyors are expected to compile a report on the case, which could verify whether El Nasr’s claims against Emaar Misr are true. El Nasr brought the arbitration case against the local subsidiary of UAE-based Emaar in June 2017, alleging the company had failed to develop 3 mn sqm of land allotted to it in 2005 and that it unlawfully took 215k sqm within Uptown’s borders.

The case may be resolved soon: Public Enterprises Minister Hisham Tawfik was quoted in the press last month as saying that the two companies will sign final contracts to resolve the dispute in a week’s time.