Djibouti to pay $385m for exclusivity breach

Djibouti to pay $385m for exclusivity breach

Djibouti to pay $385m for exclusivity breach

The United Arab Emirates said recently that the London Court of International Arbitration had ordered Djibouti to pay Doraleh Container Terminal (DCT), partially owned by DP World, $385 million plus interest for a breach of exclusivity.

For more information, please see https://www.theeastafrican.co.ke/business/London-court-orders-Djibouti-to-pay-fine-for-exclusivity-breach/2560-5056664-2mvfpn/index.html?utm_source=newzmate&utm_medium=email&utm_campaign=2318&tqid=lee4PHktBUMBPnyooMnZcRz5VIIE7urelrZ_1hPQgg

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