by Asharq Al-Awsat | May 24, 2014 | Business
Baghdad and Erbil, Reuters—Iraq filed for arbitration against Turkey on Friday after European markets bought the first load of oil to be carried by pipeline from Iraqi Kurdistan. The request was filed with the Paris-based International Chamber of Commerce (ICC) and...
by Fahd Baqmi | May 2, 2014 | Business
Jeddah, Asharq Al-Awsat—The value of commercial contracts in Saudi Arabia containing arbitration clauses has reached 200 billion Saudi riyals (53.3 billion US dollars), according to an official from the Gulf Cooperation Council (GCC) Commercial Arbitration Center, who...
by Asharq Al-Awsat | May 20, 2013 | Business
Kuwait, Reuters—Libya will have to pay Kuwait’s Kharafi group USD 930 million in damages for former leader Muammar Gaddafi’s cancelling of the construction of a vacation resort, Kuwaiti newspapers reported on Monday. M. A. Kharafi and Sons, a company owned...
