Summary

Subject Matter

Annulment claim of the arbitral award issued in arbitration case no. 986/2014 before Cairo Regional Centre for International Commercial Arbitration (CRCICA) issued on 22/2/2019

Judgment

By virtue of the session uphold in public on Monday 8/3/2021 in the headquarters of Cairo's court of appeal North situated in Abbaseya.

Issued the following judgment:

In the appeal registered in the public schedule under no. 136 of Judicial Year no. 42

Filed by:

The legal representative of Antrados for Tourism Development - Closed Joint Stock Company - Commercial Registery no. 5637 commercial registry office of Tartus - Arab Republic of Syria - and its headquarters at 8 Mahdy Ibn Baraka Street, Damascus city - Arab Republic of Syria - represented by Mr/ Mohammed Ali Wahoud (of Syrian Nationality) as the chairman of the board of directors, and its elected domicile El-Sherif Law Firm & Consultants (Atef Yassin El-Sherif - Hussien Khodour - Mahmoud Ali Bahnasy - Mohamed Antar Mokhtar - Mourad Hussien Mohamed - Fatma Reda Shaaban - Mona Abd el Zaher Mohamed - Ahmed Othman Omar - Mohamed Hussny Abd el Rahman - Shaimaa Adel Tawfik - Maryam Khaled Mohy el Din (Lawyers) and its headquarters in [...] - Cairo - Arab Republic of Egypt.

Against:

1 - Amer Holding Group Company (Amer Group) - Egyptian Joint Stock Company - Commercial Registry no. 385910 legally represented by Mr. Mansour Abd el Majeed Amer as the chairman of the board of directors and its headquarters at [...] - Cairo - Arab Republic of Egypt.

2 - Amer Syria Company - Limited Liability Company incorporated under to the Syrian Law commercial registry office Tartus governorate - Syria and its headquarters located in the Arab Republic of Syria - Tartus governorate - Al Malaab el Balady district, north west of Al Muna hospital building (5084/2) and to be notified in its elected domicile "Zulficar & Partners Law Firm" located at [...] Cairo.

3 - Porto Holding Group Company (Porto Group) Egyptian joint stock company - commercial registry number.... legally represented by Mr Mansour Abd el Majeed Amer as the chairman of the board of directors and its headquarters located at [...] - Cairo - Arab Republic of Egypt.

...

Note: English translation provided to Transnational Dispute Management (TDM, ISSN 1875-4120) by Shehata & Partners Law Firm.