Case Details

Nimba Investment LLC and others v. Republic of Guinea (ICSID Case No. ARB/25/56)

Subject of Dispute:

Mining and transportation
Economic Sector:

Oil, Gas & Mining
Instrument(s) Invoked:

BIT Guinea - United Arab Emirates 2011 - Law – Guinea Investment Code
Applicable Rules:

ICSID Convention - Arbitration Rules

Claimant(s)/Nationality(ies):

Nimba Investment LLC (Emirati), Emirates Minting Factory LLC (Emirati), MSS Aircraft Leasing & Services FZE (Emirati), Global Aviation DMCC (Emirati), Phoenix Precious Metals DMCC (Emirati)
Respondent(s):

Republic of Guinea (Guinean)
Date Registered:

December 22, 2025
Date of Constitution of Tribunal:

July 29, 2026

President:

Raed FATHALLAH (Canadian, French, Lebanese) - Appointed by the Chairman of the Administrative Council
Arbitrators:

Peter TURNER (British, French) - Appointed by the Claimant(s)
Claudia ANNACKER (Austrian) - Appointed by the Chairman of the Administrative Council

Claimant(s):

Kennedys, Paris, France
Respondent(s):

President of the Republic of Guinea, Conakry, Republic of Guinea 
Prime Minister's Office of the Republic of Guinea, General Secretariat of the Government, Conakry, Republic of Guinea   
Ministry of Mines and Geology, Conakry, Republic of Guinea
Ministry of Justice and Human Rights, Conakry, Republic of Guinea    
Ministry of Foreign Affairs, African Integration, and Guineans Abroad, Conakry, Republic of Guinea
Status of Proceeding:

Pending
Latest Development:

September 16, 2026 - The Tribunal holds a first session by video conference.

No References Available.

Date	Development
December 22, 2025	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
March 10, 2026	Following appointment by the Claimants, Peter Turner KC (British/French) accepts his appointment as arbitrator.
May 7, 2026	The Claimants file a request for the Chairman of the Administrative Council to appoint the arbitrators not yet appointed pursuant to Article 38 of the ICSID Convention.
June 16, 2026	Following appointment by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention, Claudia Annacker (Austrian) accepts her appointment as arbitrator.
July 29, 2026	Following appointment by the Chairman of the ICSID Administrative Council pursuant to Article 38 of the ICSID Convention, Raëd Fathallah (Lebanese/French/Canadian) accepts his appointment as presiding arbitrator.
July 29, 2026	The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention. Its members are: Raëd Fathallah (Lebanese/French/Canadian) President, appointed by the Chairman of the ICSID Administrative Council pursuant to Article 38 of the ICSID Convention, Peter Turner (British/French) appointed by the Claimants, and Claudia Annacker (Austrian) appointed by the Chairman of the ICSID Administrative Council pursuant to Article 38 of the ICSID Convention.
September 16, 2026	The Tribunal holds a first session by video conference.