{"id":594540,"date":"2019-09-01T03:59:41","date_gmt":"2019-09-01T03:59:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/egypt-signs-dispute-settlement-agreement-on-el-nasr-for-steam-boilers-with-al-kholoud\/"},"modified":"2019-09-01T03:59:41","modified_gmt":"2019-09-01T03:59:41","slug":"egypt-signs-dispute-settlement-agreement-on-el-nasr-for-steam-boilers-with-al-kholoud","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/egypt-signs-dispute-settlement-agreement-on-el-nasr-for-steam-boilers-with-al-kholoud\/","title":{"rendered":"Egypt signs dispute settlement agreement on El Nasr for Steam Boilers with Al Kholoud"},"content":{"rendered":"

<\/a> DISPUTE WATCH- Gov\u2019t signs dispute settlement agreement with Al Kholoud on El Nasr for Steam Boilers:<\/b> The government has signed a dispute settlement agreement with Al Kholoud for Touristic and Real Estate over land used by El Nasr for Steam Boilers, Al Mal reports<\/a>. The Madbouly Cabinet signed off<\/a> in July on the settlement, under which Al Kholoud will drop its arbitration suit over the sale of a 29-feddan land plot that holds El Nasr\u2019s steam boilers facility. In exchange, the government will drop its claim to EGP 600 mn it says it is owed by Al Kholoud. Al Kholoud will also return the land plot back to the government.<\/p>\n

Advisers:<\/b> Youssef & Partners<\/a> acted as legal counsel for Al Kholoud during arbitration, and represented investors in the settlement negotiations.<\/p>\n

\n","protected":false},"excerpt":{"rendered":"

DISPUTE WATCH- Gov\u2019t signs dispute settlement agreement with Al Kholoud on El Nasr for Steam Boilers: The government has signed a dispute settlement agreement with Al Kholoud for Touristic and Real Estate over land used by El Nasr for Steam Boilers, Al Mal reports. The Madbouly Cabinet signed off in July on the settlement, under […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[9090,957,11098,72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594540","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-al-kholoud-for-touristic-and-real-estate-development","tag-dispute-watch","tag-el-nasr-for-steam-boilers","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"49d5d36d-38a6-47bd-817f-8256bd613365","is_powered_by":true,"section_story_id":"e99a56d2-bf33-4f85-98e9-3c49ab4cf163","story_type":"1","photo_url":"","photo_position":"above","related_issue":[594528],"teaser":"","voice_url":""},"yoast_head":"\nEgypt signs dispute settlement agreement on El Nasr for Steam Boilers with Al Kholoud - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/egypt-signs-dispute-settlement-agreement-on-el-nasr-for-steam-boilers-with-al-kholoud\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt signs dispute settlement agreement on El Nasr for Steam Boilers with Al Kholoud\" \/>\n<meta property=\"og:description\" content=\"DISPUTE WATCH- Gov\u2019t signs dispute settlement agreement with Al Kholoud on El Nasr for Steam Boilers: The government has signed a dispute settlement agreement with Al Kholoud for Touristic and Real Estate over land used by El Nasr for Steam Boilers, Al Mal reports. The Madbouly Cabinet signed off in July on the settlement, under […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/egypt-signs-dispute-settlement-agreement-on-el-nasr-for-steam-boilers-with-al-kholoud\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-01T03:59:41+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/egypt-signs-dispute-settlement-agreement-on-el-nasr-for-steam-boilers-with-al-kholoud\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/egypt-signs-dispute-settlement-agreement-on-el-nasr-for-steam-boilers-with-al-kholoud\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt signs dispute settlement agreement on El Nasr for Steam Boilers with Al Kholoud\",\"datePublished\":\"2019-09-01T03:59:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/egypt-signs-dispute-settlement-agreement-on-el-nasr-for-steam-boilers-with-al-kholoud\/\"},\"wordCount\":144,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Al Kholoud for Touristic and Real Estate Development\",\"dispute watch\",\"El Nasr for Steam Boilers\",\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/egypt-signs-dispute-settlement-agreement-on-el-nasr-for-steam-boilers-with-al-kholoud\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/egypt-signs-dispute-settlement-agreement-on-el-nasr-for-steam-boilers-with-al-kholoud\/\",\"name\":\"Egypt signs dispute settlement agreement on El Nasr for Steam Boilers with Al Kholoud - 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Al Kholoud had filed\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596895,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/10\/government-reaches-settlement-on-el-nasr-for-steam-boilers\/","url_meta":{"origin":594540,"position":2},"title":"Government reaches settlement on El Nasr for Steam Boilers","author":"enterpriseam admin","date":"10 July 2019","format":false,"excerpt":"The government will make a EGP 624 mn indirect payment to Saudi Arabia\u2019s Al Kholoud and Faisal Bank to settle the dispute over El Nasr for Steam Boilers, company chairman Emad El Din Mostafa told Youm7. 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The status of the land was settled last week when\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597204,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/cabinet-approves-draft-legislation-on-dispute-resolution\/","url_meta":{"origin":594540,"position":4},"title":"Cabinet approves draft legislation on dispute resolution","author":"enterpriseam admin","date":"18 July 2019","format":false,"excerpt":"CABINET WATCH- Cabinet approves draft legislation on dispute resolution: The Madbouly government agreed in its weekly meeting yesterday to a draft legislation to regulate procedures relating to special judicial mediation for out-of-court trade and civil dispute settlements, it said in a statement. 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