Egyptian government targets end to international legal disputes

The Egyptian Government has met with several global law firms as it begins talks with investors in order to settle pending commercial and legal disputes.

Egypt: negotiations underway

Daily News Egypt reports that the government has also brought cases in front of international arbitration centres.
Maged Shabita – the legal advisor to the finance minister - has met with members of leading law firms, including Baker & McKenzie, representing foreign companies in eight separate international arbitration suits.
Those included in the negotiations include Kuwait’s Al-Kharafi National Group - over price increases for gas distribution to fertiliser companies in Alexandria – and the Saudi Arabian Hokair Group, which sought to discuss conflicting price estimates.

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