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Siag and Vecchi v Egypt, Award, ICSID Case No ARB/05/15, IIC 374 (2009), 11th May 2009, despatched 1st June 2009, United Nations [UN]; World Bank; International Centre for Settlement of Investment Disputes [ICSID]

Siag and Vecchi v Egypt, Award, ICSID Case No ARB/05/15, IIC 374 (2009), 11th May 2009, despatched 1st June 2009, United Nations [UN]; World Bank; International Centre for Settlement of Investment Disputes [ICSID]

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 22 October 2019

Paragraph numbers have been added to this decision by OUP 1. This case involves an investment dispute between Claimants, Mr Waguih Elie George Siag and Mrs Clorinda Vecchi, and Respondent, the Arab Republic of Egypt (“Egypt”). Mr Siag and his mother Ms Vecchi are natural citizens of Italy. As Claimants they bring this case under the ICSID Convention and the Agreement for the Promotion and Protection of Investments between the Republic of Italy and the Arab Republic of Egypt dated March 2, 1989 (hereinafter the “Italy — Egypt BIT” or “BIT”). Mrs Vecchi died on 16...
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