Malaysian Entity’s Banking Claims Against Bahrain Survive Preliminary Objections

( August 17, 2026, 8:54 AM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) published a tribunal’s decision on bifurcated objections by the Kingdom of Bahrain to its jurisdiction over claims brought by Naftiran Intertrade Co. (NICO) Ltd., a Malaysian entity, for allegedly harming its 248 million euro investment in Bahraini banks, writing that NICO’s changes of domicile in the decade preceding the dispute did not render its claim an “abuse of process.”...