Egyptian PM issues decision to set up investment dispute settlement panel

Prime Minister Ibrahim Mahlab issued a decision to form a committee to settle disputes of investment contracts.

The committee will be chaired by the prime minister with the membership of: the justice, industry, finance, transitional justice, international cooperation and investment ministers, head of the Cabinet’s advisers authority, a vice chairman of the State Council and a representative of each of the Armed Forces, National Security Agency and Administrative Control Authority.

The committee will examine disputes emerging from investment contracts to which the state or any of its affiliate organizations is party.