HeidelbergCement Ups the Ante Against Egypt and Enters Arbitration


Cairo’s decision to impose production quotas in the country has sparked a furore among international cement manufacturers. German HeidelbergCement and three of its French and Italian subsidiaries have initiated ICSID arbitration proceedings against Egypt. Arne Fuchs and Pauline Walde in Frankfurt and Shahid Law Firm in Cairo are acting for HeidelbergCement.