Bank Melli Iran (Iran) and Bank Saderat Iran (Iran) v. The Kingdom of Bahrain

The PCA provides administrative support in this arbitration, which is being conducted under the UNCITRAL Arbitration Rules 1976 pursuant to the Agreement on Reciprocal Promotion and Protection of Investments between the Government of Islamic Republic of Iran and the Government of the Kingdom of Bahrain dated October 19, 2002.


Case information

Name(s) of Claimant(s) (i) Bank Melli Iran (Iran) (ii) Bank Saderat Iran (Iran) (- Other -)
Name(s) of Respondent(s) The Kingdom of Bahrain (State)
Names of Parties -
Case number 2017-25
Administering institution Permanent Court of Arbitration (PCA)
Case status Pending
Type of case Investment arbitration
Subject matter or economic sector Other service
Rules used in arbitral proceedings UNCITRAL Arbitration Rules 1976
Treaty or contract under which proceedings were commenced

[Bilateral treaty]
Agreement on Reciprocal Promotion and Protection of Investments between the Government of Islamic Republic of Iran and the Government of the Kingdom of Bahrain dated October 19, 2002
Country A: Iran
Country B: Bahrain


Language of Proceeding English
Seat of Arbitration (by Country) Netherlands
Arbitrator(s)

Professor Dr. Rudolf Dolzer (Presiding Arbitrator)

Professor Emmanuel Gaillard

The Rt. Hon. Lord Collins of Mapesbury

Representatives of the Claimant(s)

Dr. Hamid Gharavi

Mr. Emmanuel Foy

Derains & Gharavi (Paris, France)

Representatives of the Respondent(s)

Mr. Jan Paulsson

Mr. Luke Sobota

Ms. Kimberly Larkin

Three Crowns LLP (Washington D.C., United States)

Representatives of the Parties
Number of Arbitrators in case 3
Date of commencement of proceeding 10 February 2017
Date of issue of final award -
Length of Proceedings Pending
Additional notes -

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