Egypt in $500 million settlement with Israel Electric Corp -statement
Cairo: Egypt has signed a $500 million settlement with state-owned Israel Electric Corp over a defunct natural gas deal, the Egyptian General...
Kenya wins Sh2.6b breach of contract case filed in UK
The Government has scored a victory after a London-based International Arbitration Tribunal dismissed a Sh2.6 billion claim by a British...
Libya wins int'l lawsuit against foreign investor
TRIPOLI -- Libyan Justice Ministry announced on Sunday that it has won a lawsuit filed by a foreign investor seeking 120 million U.S. dollars...
Israel’s Electric Corporation Approves Compensation Settlement with Egypt
The board of directors of state-owned Israel Electric Corporation (IEC) approved on Wednesday a long-negotiated settlement with Egypt’s...
SAMIR Refinery: Al Amoudi Claims $1.5 Billion Compensation from Morocco
Opposing successive court’s rulings that mismanagement caused SAMIR’s downfall, the refinery’s principal Saudi shareholder continues....
African Mediation & Arbitration Court opens in Morocco
The African Court of Mediation and Arbitration, CAMAR by its French acronym, has just opened in Marrakech, Morocco. It will intervene to settle disputes...