ICSID Denies Agility's $380m Claim against Korek


ICSID Denies Agility's $380m Claim against Korek

2021/02/24 | 04:22 - Source: Iraq Business News

(ThisDay | Iraq News Now)- Kuwaiti-based logistics provider Agility has said foreign investors "should think carefully about the perils of investing" in Iraq, following a ruling by an international arbitration panel to deny its claims that Iraqi officials expropriated $380 million invested by Agility in an Iraqi telecom company.

The ruling, by a panel constituted by the International Centre for […]

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