{"id":624481,"date":"2018-09-10T04:16:47","date_gmt":"2018-09-10T04:16:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/ruling-on-el-nasr-vs-emaar-dispute-coming-soon\/"},"modified":"2018-09-10T04:16:47","modified_gmt":"2018-09-10T04:16:47","slug":"ruling-on-el-nasr-vs-emaar-dispute-coming-soon","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/ruling-on-el-nasr-vs-emaar-dispute-coming-soon\/","title":{"rendered":"Ruling on El Nasr vs. Emaar dispute coming soon?"},"content":{"rendered":"

Ruling on El Nasr vs. Emaar dispute coming soon?<\/strong> The Cairo Regional Center for International Commercial Arbitration is expected to issue a ruling on state-owned El Nasr Housing and Reconstruction\u2019s dispute with Emaar Misr over land for the latter\u2019s Uptown Cairo project \u201csoon,\u201d sources with knowledge of the matter tell Al Shorouk<\/a>. The arbitration center completed last week its review of all the pertinent documents in the case, and the two companies are waiting on the center\u2019s final ruling on the case. El Nasr has refused all settlement proposals, according to the sources, despite a board member from the company saying in May<\/a> that its general assembly had voted to accept Emaar\u2019s EGP 100 mn settlement offer for allegedly failing to develop 3 mn sqm of land allotted to it back in 2005. The state-owned company also alleges that there are 215k sqm of Uptown that are technically outside the project\u2019s borders.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ruling on El Nasr vs. Emaar dispute coming soon? The Cairo Regional Center for International Commercial Arbitration is expected to issue a ruling on state-owned El Nasr Housing and Reconstruction\u2019s dispute with Emaar Misr over land for the latter\u2019s Uptown Cairo project \u201csoon,\u201d sources with knowledge of the matter tell Al Shorouk. The arbitration center […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-624481","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"edd090bc-5f28-4a71-aa2c-fae4c90e5868","order":"0","is_powered_by":true,"section_story_id":"d4808c15-4124-43d1-8bf5-9bdf980e8b8e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[624467],"teaser":"","voice_url":""},"yoast_head":"\nRuling on El Nasr vs. Emaar dispute coming soon? - 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\/2018\/09\/10\/ruling-on-el-nasr-vs-emaar-dispute-coming-soon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ruling on El Nasr vs. Emaar dispute coming soon?\" \/>\n<meta property=\"og:description\" content=\"Ruling on El Nasr vs. Emaar dispute coming soon? The Cairo Regional Center for International Commercial Arbitration is expected to issue a ruling on state-owned El Nasr Housing and Reconstruction\u2019s dispute with Emaar Misr over land for the latter\u2019s Uptown Cairo project \u201csoon,\u201d sources with knowledge of the matter tell Al Shorouk. The arbitration center […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/ruling-on-el-nasr-vs-emaar-dispute-coming-soon\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-10T04:16:47+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\/2018\/09\/10\/ruling-on-el-nasr-vs-emaar-dispute-coming-soon\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/ruling-on-el-nasr-vs-emaar-dispute-coming-soon\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ruling on El Nasr vs. Emaar dispute coming soon?\",\"datePublished\":\"2018-09-10T04:16:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/ruling-on-el-nasr-vs-emaar-dispute-coming-soon\/\"},\"wordCount\":163,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/ruling-on-el-nasr-vs-emaar-dispute-coming-soon\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/ruling-on-el-nasr-vs-emaar-dispute-coming-soon\/\",\"name\":\"Ruling on El Nasr vs. Emaar dispute coming soon? - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-09-10T04:16:47+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/ruling-on-el-nasr-vs-emaar-dispute-coming-soon\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/ruling-on-el-nasr-vs-emaar-dispute-coming-soon\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/ruling-on-el-nasr-vs-emaar-dispute-coming-soon\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ruling on El Nasr vs. Emaar dispute coming soon?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ruling on El Nasr vs. Emaar dispute coming soon? - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/ruling-on-el-nasr-vs-emaar-dispute-coming-soon\/","og_locale":"en_US","og_type":"article","og_title":"Ruling on El Nasr vs. Emaar dispute coming soon?","og_description":"Ruling on El Nasr vs. Emaar dispute coming soon? The Cairo Regional Center for International Commercial Arbitration is expected to issue a ruling on state-owned El Nasr Housing and Reconstruction\u2019s dispute with Emaar Misr over land for the latter\u2019s Uptown Cairo project \u201csoon,\u201d sources with knowledge of the matter tell Al Shorouk. 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The companies are now in talks\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":594825,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/emaar-misr-nears-resolution-on-el-nasr-dispute\/","url_meta":{"origin":624481,"position":1},"title":"Emaar Misr nears resolution on El Nasr dispute","author":"enterpriseam admin","date":"9 September 2019","format":false,"excerpt":"DISPUTE WATCH- Egypt and UAE\u2019s Emaar sign preliminary settlement agreement on El Nasr dispute: Property developer Emaar Misr has signed a preliminary agreement with the Egyptian government on a proposed settlement to resolve a dispute with state-owned El Nasr Housing over the Emirati company\u2019s alleged failure to develop 3 mn\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":603032,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/14\/is-emaar-misrs-egp-878-mn-donation-to-the-state-related-to-its-ongoing-dispute-with-el-nasr-housing\/","url_meta":{"origin":624481,"position":2},"title":"Is Emaar Misr\u2019s EGP 878 mn donation to the state related to its ongoing dispute with El Nasr Housing?","author":"enterpriseam admin","date":"14 April 2019","format":false,"excerpt":"Watch this space: Emaar Misr has donated EGP 878 mn to national megaprojects, a form of corporate largesse that Public Enterprise Minister Hisham Tawfik told Al Mal over the weekend is unrelated to the real estate developer\u2019s ongoing dispute with state-owned El Nasr Housing. 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The agreement settled all technical,\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":593624,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/03\/legal-proceedings-between-emaar-and-el-nasr-suspended-for-another-4-weeks\/","url_meta":{"origin":624481,"position":4},"title":"Legal proceedings between Emaar and El Nasr suspended for another 4 weeks","author":"enterpriseam admin","date":"3 October 2019","format":false,"excerpt":"DISPUTE WATCH- Emaar-El Nasr legal proceedings suspended for another four weeks: A freeze on legal proceedings between property developer Emaar Misr and state-owned El Nasr Housing has been suspended for another four weeks \u201cwith the purpose of reaching a settlement,\u201d Emaar said in an EGX disclosure (pdf). The two sides\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":629203,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/24\/emaar-misr-el-nasr-reach-settlement-agreement-in-uptown-cairo-land-dispute\/","url_meta":{"origin":624481,"position":5},"title":"Emaar Misr, El Nasr reach settlement agreement in Uptown Cairo land dispute","author":"enterpriseam admin","date":"24 May 2018","format":false,"excerpt":"El Nasr Housing and Reconstruction appears to have accepted Emaar Misr\u2019s offer to settle their dispute over land for Uptown Cairo, Public Enterprises Minister Khaled Badawy told the press yesterday, Al Mal reports. 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