Procedural Issue Substantive Issue
| Year the case was initiated | 1998 |
| Year the award was rendered | |
| Country involved | Egypt |
| Home country of the investor | United Kingdom |
| Parties to the dispute | Wena Hotels Ltd. V. Egypt (ICSID Case No. ARB/98/4) |
| Sector | 3 |
| Type of investment | hotel lease and development agreements |
| Nature of dispute / claim | |
| Legal instrument | Egypt-United Kingdom BIT |
| Rules / Venues | ICSID |
| Amount sought by investor | not less than US$ 62,820,000 |
| Amount awarded / status of dispute | US$ 8,061,897 awarded plus interest of US$ 11,431,386 (calculated at rate of 9%, compounded quarterly) awarded in 2000. Interest in default of payment at the same rate. |
| Arbitrators | Decision on Jurisdiction (1999): Monroe Leigh (Chair); Ibrahim Fadlallah; Hamzeh Ahmad Haddad
Final Award (2000): Monroe Leigh (Chair); Ibrahim Fadlallah; Don Wallace Decision on Application for Annulment (2002): Konstantinos D. Kerameus (Chair); Andreas Bucher; Francisco Orrego Vicuña Application for Interpretation (2005): Klaus Sachs (Chair); Ibrahim Fadlallah; Carl F. Salans |
| Decisions rendered | Decision on Jurisdiction issued on 29 June 1999;
Final Award issued on 8 December 2000; Decision on Application for Annulment issued on 5 February 2002; Decision on the Claimant’s Application for Interpretation of the Arbitral Award dated December 8, 2000 issued on 31 October 2005 |
| Status | awarded in favor of the investor |
| Links | http://ita.law.uvic.ca/documents/Wena-1999-Final.pdf http://ita.law.uvic.ca/documents/Wena-2000-Final.pdf http://ita.law.uvic.ca/documents/Wena-annulment.pdf http://ita.law.uvic.ca/documents/WenaInterpretationDecision.pdf |
| Commentary (if any) | |
| Special features |