Gulf investors launch $2bn arbitration case against Pakistan over KE dispute
Dispute traces back to Oct 2016, when investors agreed to sell 66.4% of K-Electric to Shanghai Electric Power Company Saudi, Kuwaiti investors file $2bn arbitration against Pakistan. K-Electric investors launch $2bn case under UNCITRAL rules. Pakistan gets 60 days to appoint arbitrator in K-Electric dispute. In a shocking development, Saudi and Kuwaiti investors in K-Electric…