Summary

A dispute between a UK investor (owned by an Egyptian national) and Egypt about harassment of the investor by a state company, tolerated by the Egyptian government, arising out of a commercial (and presumably personal) dispute. The tribunal decided that the government on the basis of the UK-Egypt bilateral investment treaty that Egypt had breached the obligation of 'fair and equitable treatment' and 'constant protection and security' when it tolerated knowingly that a commercial dispute between the investor and an Egyptian state company escalated into a forceful and destructive ...