Egypt Signs Investment Dispute Settlements With Sonker, MTS

Prime Minister Mustapha Madbouly oversaw the signing ceremony in New Alamein, alongside key Cabinet ministers including those of finance, justice, and industry.

The settlements, officials said, aim to resolve long-standing contractual disputes without resorting to international arbitration.

The first settlement resolves longstanding contractual issues involving Sonker Bunkering Company, the Suez Canal Economic Zone (SCZONE), the Egyptian General Petroleum Corporation (EGPC), Petrojet, and DP World…