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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    What is the story of Iraq losing an arbitration case against an Egyptian company? It dates back to 2

    Rocky
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    What is the story of Iraq losing an arbitration case against an Egyptian company? It dates back to 2 Empty What is the story of Iraq losing an arbitration case against an Egyptian company? It dates back to 2

    Post by Rocky Sat Sep 16, 2023 8:11 am

    [size=35][size=35]What is the story of Iraq losing an arbitration case against an Egyptian company? It dates back to 2001, and Baghdad responded with 19 points.[/size]
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    Sweeteners

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    09-16-2023 | 05:42
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    Al-Sumaria News - Local News:

    The Ministry of Transport and the Iraqi Airlines Company lost a case against the Egyptian “Horse” company, which will result in paying $787 million “with interest” to the company. On the other hand, Baghdad intends to appeal the ruling.


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    Press reports recently dealt with the issue of Iraq losing the[url=https://www.alsumaria.tv/Entity/1646323063/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%86%D9%82%D9%84 %D9%88%D8%A7%D9%84%D8%AE%D8%B7%D9%88%D8%B7 %D8%A7%D9%84%D8%AC%D9%88%D9%8A%D8%A9/ar/]Ministry of Transport and Airlines[/url]to the Egyptian “Horse” tourism company owned by the Egyptian politician and businessman, Imad Al-Saeed Al-Jaldah.

    These reports also indicate that the Iraqi government must pay that amount according to a final ruling from an international court specialized in economic disputes of an international nature.



    The origin of the case goes back more than 20 years, as the Egyptian company “Horse” had signed a contract with[url=https://www.alsumaria.tv/Entity/2559990544/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%86%D9%82%D9%84 %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A%D8%A9/ar/]Iraqi Ministry of Transport[/url]In the year 2001, during the era of the former Iraqi regime, it became an agent for Iraqi Airways in Cairo, and this contract was officially documented in all official international bodies.

    After concluding the agreement, the Egyptian company took over the Iraqi Airways headquarters in Cairo, and began preparing it, addressing tourism companies around the world, and creating protocols and contracts to operate tourist trips to Iraq in the event that the blockade imposed on it was lifted after its invasion of Kuwait in the early 1990s.

    After the invasion of American forces and their allies[You must be registered and logged in to see this link.]She got up[url=https://www.alsumaria.tv/Entity/2065267199/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%86%D9%82%D9%84/ar/]Ministry of Transportation[/url]By unilaterally canceling the agency of the Egyptian company, according to reports.

    Yesterday, Friday, September 15, 2023, the Ministry of Justice announced the formation of a team under the direction of the Prime Minister.[url=https://www.alsumaria.tv/Entity/1199849658/%D9%85%D8%AD%D9%85%D8%AF %D8%B4%D9%8A%D8%A7%D8%B9 %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Muhammad Shiaa Al-Sudani[/url]To pursue a lawsuit to invalidate the arbitration decision against the Egyptian Horse Company.

    The ministry stated, in a statement received by Al-Sumaria News, that “some political, legal and media circles circulated news about the loss of...[url=https://www.alsumaria.tv/Entity/2065267199/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%86%D9%82%D9%84/ar/]Ministry of Transportation[/url]and the Iraqi Airways Company in the arbitration case against the Egyptian Horse Company.”

    She added that she “would like to clarify to public opinion the facts and circumstances of the case as follows:

    1- The Iraqi Airways Company had previously concluded a general agency contract for civil aviation flight services for a period of three years with the company ( Horse) in Egypt on 1/30/2001 during the period of rule of the former regime.

    2- Based on Egyptian company registration documents, it has been proven that the company did not exist at the time of signing the contract, but rather was established and granted a license to carry out its work after the date of signing the contract.

    3- Due to the company’s failure to implement the terms of the contract, the Iraqi Airways Company notified the Egyptian company of terminating the agency starting on 2/1/2005 in accordance with the signed contract.

    4- I asked[url=https://www.alsumaria.tv/Entity/3098448604/%D8%B4%D8%B1%D9%83%D8%A9 %D9%87%D9%88%D8%B1%D8%B3/ar/]Horse Company[/url]On August 4, 2011, free arbitration, in accordance with Clause 16 of the contract, and due to the lack of agreement on a preferred arbitrator, the company resorted to the Egyptian judiciary, and the competent Egyptian court issued a ruling obligating[You must be registered and logged in to see this link.]By arbitration in accordance with the terms of the contract, the court also appointed a president[url=https://www.alsumaria.tv/Entity/2081960311/%D9%87%D9%8A%D8%A6%D8%A9 %D8%A7%D9%84%D8%AA%D8%AD%D9%83%D9%8A%D9%85/ar/]jury[/url].

    5- The Iraqi government, represented by:[url=https://www.alsumaria.tv/Entity/2065267199/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%86%D9%82%D9%84/ar/]Ministry of Transportation[/url]And foreign affairs and justice[url=https://www.alsumaria.tv/Entity/3320054167/%D9%85%D9%83%D8%AA%D8%A8 %D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1%D8%A7%D8%AA %D8%A7%D9%84%D9%82%D8%A7%D9%86%D9%88%D9%86%D9%8A%D8%A9/ar/]Legal Consulting Office[/url]Specialized in following up on foreign lawsuits related to the government, the case was followed up from its inception, and an arbitrator was appointed[You must be registered and logged in to see this link.]And appointing a government lawyer accredited in[url=https://www.alsumaria.tv/Entity/47507/%D8%AC%D9%85%D9%87%D9%88%D8%B1%D9%8A%D8%A9 %D9%85%D8%B5%D8%B1 %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9/ar/]The Egyptian Arabic Republic[/url]To plead before[url=https://www.alsumaria.tv/Entity/2081960311/%D9%87%D9%8A%D8%A6%D8%A9 %D8%A7%D9%84%D8%AA%D8%AD%D9%83%D9%8A%D9%85/ar/]jury[/url].

    6- During the years 2013 and 2014, the Iraqi government appointed two Egyptian lawyers in addition to the first lawyer to be a defense team for[You must be registered and logged in to see this link.]The lawyers presented their legal defenses, supported by evidence, documents, and documents proving the invalidity of the contract, the validity of the procedure for terminating it, and the company’s lack of entitlement to claim compensation.

    7- On 10/25/2015, it was established[url=https://www.alsumaria.tv/Entity/3098448604/%D8%B4%D8%B1%D9%83%D8%A9 %D9%87%D9%88%D8%B1%D8%B3/ar/]Horse Company[/url]Under reservation by decision of the Egyptian judiciary, as it is one of the companies of the Muslim Brotherhood group banned in Egypt and placed under supervision and management[url=https://www.alsumaria.tv/Entity/1509486442/%D8%B4%D8%B1%D9%83%D8%A9 %D9%85%D8%B5%D8%B1 %D9%84%D9%84%D8%B3%D9%8A%D8%A7%D8%AD%D8%A9/ar/]Misr Tourism Company[/url]

    8- The Iraqi government and judiciary took ...[url=https://www.alsumaria.tv/Entity/3295520480/%D9%87%D9%8A%D8%A6%D8%A9 %D8%A7%D9%84%D9%86%D8%B2%D8%A7%D9%87%D8%A9/ar/]Integrity Commission[/url]Legal procedures against negligent employees during the stage of contract implementation and termination.

    9 - During a period of supervision[url=https://www.alsumaria.tv/Entity/1509486442/%D8%B4%D8%B1%D9%83%D8%A9 %D9%85%D8%B5%D8%B1 %D9%84%D9%84%D8%B3%D9%8A%D8%A7%D8%AD%D8%A9/ar/]Misr Tourism Company[/url]on[url=https://www.alsumaria.tv/Entity/3098448604/%D8%B4%D8%B1%D9%83%D8%A9 %D9%87%D9%88%D8%B1%D8%B3/ar/]Horse Company[/url]Then the supervision of a case committee[url=https://www.alsumaria.tv/Entity/2995774886/%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A9 %D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9/ar/]Egyptian state[/url]Accordingly, the arbitrator of the seized company was replaced six times during the year 2016, and the arbitrator is on the side[You must be registered and logged in to see this link.]He apologized for not completing the mission in the same year, but he changed his request in response to the request of the Iraqi government and then the request of the president[url=https://www.alsumaria.tv/Entity/2081960311/%D9%87%D9%8A%D8%A6%D8%A9 %D8%A7%D9%84%D8%AA%D8%AD%D9%83%D9%8A%D9%85/ar/]jury[/url]A request to step down in 2017 was followed by a request for another arbitrator to step down from the Iraqi side due to the failure to provide a suitable legal environment for the arbitrators and the pressures that were being exerted on them, knowing that in the same year the Iraqi government appointed a fourth lawyer to strengthen the defense position in the case.
    10- The request for a president to step down was referred[url=https://www.alsumaria.tv/Entity/2081960311/%D9%87%D9%8A%D8%A6%D8%A9 %D8%A7%D9%84%D8%AA%D8%AD%D9%83%D9%8A%D9%85/ar/]jury[/url]To the competent Egyptian courts to consider the other request to step down submitted by the arbitrator of the Iraqi side. The court continued to consider requests to step down for a period of approximately five years, and the court issued its decision on 3/22/2022 to reject the requests to step down and oblige[url=https://www.alsumaria.tv/Entity/2081960311/%D9%87%D9%8A%D8%A6%D8%A9 %D8%A7%D9%84%D8%AA%D8%AD%D9%83%D9%8A%D9%85/ar/]jury[/url]By completing its mission.

    11- The issue received attention from the Prime Minister, as the government, after carrying out its duties and under the guidance and continuous follow-up of the Prime Minister, sought to resolve the dispute with the sisterly Egyptian government, as it is the body supervising the company and the company is under its guardianship.

    12- In the interest of the Prime Minister to protect the rights of[You must be registered and logged in to see this link.]And his money, he brought the issue to the president[url=https://www.alsumaria.tv/Entity/47507/%D8%AC%D9%85%D9%87%D9%88%D8%B1%D9%8A%D8%A9 %D9%85%D8%B5%D8%B1 %D8%A7%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9/ar/]The Egyptian Arabic Republic[/url] [url=https://www.alsumaria.tv/Entity/2481846756/%D8%B9%D8%A8%D8%AF %D8%A7%D9%84%D9%81%D8%AA%D8%A7%D8%AD %D8%A7%D9%84%D8%B3%D9%8A%D8%B3%D9%8A/ar/]Abdel Fattah Sisi[/url]He asked him for their intervention in ending the conflict and addressing the problem, as well as discussing the issue for the same purpose in a joint meeting with the Egyptian Prime Minister.

    13- Under the direction of the Prime Minister, the Minister of Justice discussed the issue with the Egyptian Minister of Justice, requesting his intervention to address the issue.

    14- The Ministries of Foreign Affairs and Transport, each according to their jurisdiction, sought to make technical and diplomatic efforts to address the issue.

    15- issued[url=https://www.alsumaria.tv/Entity/2081960311/%D9%87%D9%8A%D8%A6%D8%A9 %D8%A7%D9%84%D8%AA%D8%AD%D9%83%D9%8A%D9%85/ar/]jury[/url]Its decisions dated 7/26/2023 are binding[url=https://www.alsumaria.tv/Entity/2065267199/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D9%86%D9%82%D9%84/ar/]Ministry of Transportation[/url]And the Iraqi Airways Company paid an amount of more than 787 million US dollars in addition to interest.

    16- The government has made exceptional efforts in the case, whether through legal and judicial means or through diplomatic channels. However, the great pressure exerted against the arbitrators’ panel (which prompted them to submit requests to step down) led to the issuance of an unfair decision against the Iraqi government.

    17- With the aim of unifying technical, diplomatic and legal efforts, the Prime Minister directed the formation of a joint working group of[url=https://www.alsumaria.tv/Entity/11212675/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9 %D8%A7%D9%84%D8%AE%D8%A7%D8%B1%D8%AC%D9%8A%D8%A9/ar/]Ministry of Foreign Affairs[/url]The Transportation and Justice Department, under the supervision of the Prime Minister’s Office, is responsible for filing a lawsuit to invalidate the arbitration award.

    18- The Ministry of Justice has completed its procedures by filing a lawsuit to invalidate the arbitration decision issued against[You must be registered and logged in to see this link.]Before the Egyptian judiciary based on the provisions of Article (53) of[url=https://www.alsumaria.tv/Entity/4077865694/%D9%82%D8%A7%D9%86%D9%88%D9%86 %D8%A7%D9%84%D8%AA%D8%AD%D9%83%D9%8A%D9%85 %D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A/ar/]Egyptian Arbitration Law[/url]And he will plead[You must be registered and logged in to see this link.]A team of Iraqi lawyers, and the union has been approached to nominate qualified lawyers in the case, in addition to appointing a reputable international legal firm.”

    19- The team formed under the direction of the Prime Minister will continue to pursue the case for invalidating the arbitration decision before the Egyptian courts, and the team will resort to following all diplomatic, judicial, legal and technical means to remove the injustice. Who signed on[You must be registered and logged in to see this link.]Because of a decision[url=https://www.alsumaria.tv/Entity/2081960311/%D9%87%D9%8A%D8%A6%D8%A9 %D8%A7%D9%84%D8%AA%D8%AD%D9%83%D9%8A%D9%85/ar/]jury[/url]".

    The statement continued: “In conclusion, the Ministry of[You must be registered and logged in to see this link.]calls on the media, legal and political figures, and circles interested in the issue to be accurate in conveying information, and to deal with the issue responsibly as it is one of the issues that needs the efforts of all concerned parties to protect the rights of Iraq, and we will also inform public opinion of all developments.” .

    [You must be registered and logged in to see this link.]

      Current date/time is Sat Jul 20, 2024 9:03 am