Emirati investor wins damages over Algerian park project

Emirati investor wins damages over Algerian park project

Emirati investor wins damages over Algerian park project

An entity owned by Abu Dhabi’s royal family has been awarded over US$228 million plus interest and costs in an ICSID claim against Algeria over a failed project to develop a metropolitan park – as a dissenting arbitrator argues the case should have been rejected based on evidence of malfeasance.

For more information, please see https://globalarbitrationreview.com/article/emirati-investor-wins-damages-over-algerian-park-project

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