{"id":597269,"date":"2019-07-21T04:01:56","date_gmt":"2019-07-21T04:01:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/21\/cabinet-looks-to-resolve-simo-privatization-dispute-under-dispute-resolution-committee\/"},"modified":"2019-07-21T04:01:56","modified_gmt":"2019-07-21T04:01:56","slug":"cabinet-looks-to-resolve-simo-privatization-dispute-under-dispute-resolution-committee","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/21\/cabinet-looks-to-resolve-simo-privatization-dispute-under-dispute-resolution-committee\/","title":{"rendered":"Cabinet looks to resolve Simo privatization dispute under dispute resolution committee"},"content":{"rendered":"<p>The Madbouly Cabinet\u2019s dispute resolution committee began last week looking into the six-year dispute over the unwinding of the privatization of the Middle East Paper Company (Simo), <a href=\"https:\/\/almalnews.com\/%D8%A7%D9%84%D8%A8%D8%AA-%D9%81%D9%89-%D8%A3%D8%B2%D9%85%D8%A9-%D8%A8%D8%B7%D9%84%D8%A7%D9%86-%D8%AE%D8%B5%D8%AE%D8%B5%D8%A9-%D8%B3%D9%8A%D9%85%D9%88-%D9%84%D9%84%D9%88%D8%B1%D9%82\/\">Al Mal reports<\/a>. Investors, the largest of whom is Al Ahly Financial Investment Management, are looking for EGP 500 mn in damages from a decision to reverse the privatization of Simo in 2013. The committee\u2019s role in resolving such cases comes after the House of Representatives approved a law <a href=\"https:\/\/enterprise.press\/stories\/2019\/06\/12\/legislative-activity-is-ramping-up-in-the-house\/\">last month<\/a> bringing these cases under its purview.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Madbouly Cabinet\u2019s dispute resolution committee began last week looking into the six-year dispute over the unwinding of the privatization of the Middle East Paper Company (Simo), Al Mal reports. Investors, the largest of whom is Al Ahly Financial Investment Management, are looking for EGP 500 mn in damages from a decision to reverse the [&hellip;]<\/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":[9315],"tags":[957,72,2390,587],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597269","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-dispute-watch","tag-enterpriseam","tag-other-business-news-of-note","tag-state-privatization-program","wpautop","entry"],"acf":{"mongo_id":"19b7f5a6-4c05-4c3a-8c25-478107f9bcd6","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[597238],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cabinet looks to resolve Simo privatization dispute under dispute resolution committee - 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\/07\/21\/cabinet-looks-to-resolve-simo-privatization-dispute-under-dispute-resolution-committee\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet looks to resolve Simo privatization dispute under dispute resolution committee\" \/>\n<meta property=\"og:description\" content=\"The Madbouly Cabinet\u2019s dispute resolution committee began last week looking into the six-year dispute over the unwinding of the privatization of the Middle East Paper Company (Simo), Al Mal reports. Investors, the largest of whom is Al Ahly Financial Investment Management, are looking for EGP 500 mn in damages from a decision to reverse the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/21\/cabinet-looks-to-resolve-simo-privatization-dispute-under-dispute-resolution-committee\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-21T04:01:56+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/21\/cabinet-looks-to-resolve-simo-privatization-dispute-under-dispute-resolution-committee\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/21\/cabinet-looks-to-resolve-simo-privatization-dispute-under-dispute-resolution-committee\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Cabinet looks to resolve Simo privatization dispute under dispute resolution committee\",\"datePublished\":\"2019-07-21T04:01:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/21\/cabinet-looks-to-resolve-simo-privatization-dispute-under-dispute-resolution-committee\/\"},\"wordCount\":95,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"dispute watch\",\"EnterpriseAM\",\"Other Business News of Note\",\"state privatization program\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/21\/cabinet-looks-to-resolve-simo-privatization-dispute-under-dispute-resolution-committee\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/21\/cabinet-looks-to-resolve-simo-privatization-dispute-under-dispute-resolution-committee\/\",\"name\":\"Cabinet looks to resolve Simo privatization dispute under dispute resolution committee - 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