Egypt settles with Finnish iron investor

Egypt settles with Finnish iron investor

Egypt settles with Finnish iron investor

Egypt has reached an agreement with a Finnish businessman to settle a treaty award worth US$121 million over the loss of his iron and steel investments – ending a dispute that led to enforcement actions across three continents and a second treaty claim over the state’s refusal to pay.

For more information, please see https://globalarbitrationreview.com/egypt-settles-finnish-iron-investor

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