A Kuwaiti company has made good on a threatened US$700 million ICSID claim against Egypt over a terminated concession for a container terminal facility at the port of Damietta – a dispute that has already given rise to a US$420 million award against the port authority.

For more information, please see https://globalarbitrationreview.com/kuwaiti-investor-launches-icsid-claim-over-egyptian-port-project