Region: Africa & Middle East

Bahrain fails to overturn Iranian banks’ award

A Dutch court has upheld an investment treaty award ordering Bahrain to pay €214 million to two Iranian state-owned banks for the “politically motivated” expropriation of their local banking venture in the wake of the 2015 Iran nuclear deal.

23 April 2025

Ethiopia faces claim over potash project

A British Virgin Islands-registered mining company is bringing an arbitration against Ethiopia after its licence for a potash project was revoked.

22 April 2025

Chilean state entity seeks enforcement in Spain

A Spanish contractor is facing a bid to enforce an ICC award issued in a US$158 million arbitration over a Chilean refinery upgrade – as it settles a dispute with an Algerian state entity over a power plant project.

22 April 2025

Nigerian LNG producer loses appeal over indemnity order

The Court of Appeal in London has upheld an UNCITRAL award requiring a Nigerian affiliate of Shell to indemnify a trader for hundreds of millions of dollars in arbitral debts caused by its failure to deliver supplies of liquified natural gas.

16 April 2025

Nigeria settles dispute with Chinese investor over treaty award

Nigeria has settled its dispute with a Chinese investor in a free trade zone over a US$70 million treaty award, meaning the state has dropped its bid to have the US Supreme Court rule on the scope of sovereign immunity under the New York Convention.

16 April 2025