The dispute arose between Emaar and El Nasr Housing, due to the failure of Emaar to complete the Uptown Cairo project, within the specified time of six years, according to the contract signed between them in 2005, in addition to 216,000 sqm included by Emaar for the project. El Nasr company requested compensation for it, which prompted El Nasr to resort to international arbitration. However, the two parties entered into an amicable negotiation to reach a settlement of the dispute, as former Minister of Public Business Sector Khaled Badawy announced in May 2018 that he had reached a settlement agreement with Emaar, upon which El Nasr Housing company will withdraw the international arbitration case against Emaar.