2012
Veolia v. Egypt Veolia Propreté v. Arab Republic of Egypt (ICSID Case No. ARB/12/15)
Egypt
France
Rights under a 15-year contract concluded with the governorate of Alexandria to provide waste management services in that city.
Claims arising out of disagreements over the performance of a contract entered into between Veolia's subsidiary, Onyx Alexandria, and the governorate of Alexandria to provide waste management services, including Egypt's alleged refusal to modify the contract in response to inflation and the enactment of new labour legislation.
Tertiary: E - Water supply; sewerage, waste management and remediation activities
38 - Waste collection, treatment and disposal activities; materials recovery
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Yusuf, A. A.
Sachs, K.
Douglas, Z.
Decided in favour of State
175.00 mln EUR (202.50 mln USD)
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Indirect expropriation
None - all claims dismissed at the merits stage
None