spot_img
Domotex middle east 2025Domotex middle east 2025Domotex middle east 2025
Domotex middle east 2025
ITCPE 2025
Coats Gigital

Libya “Wins Case” against Brazilian Companies

Xinhua reports that the Libyan government has won a legal case against two Brazilian construction companies that claimed $96 million in damages due to the suspension of their projects in Libya.

The Libyan Audit Bureau said the International Court of Arbitration, part of the International Chamber of Commerce (ICC) in Paris, rejected the case filed against Libya by a Libyan-Brazilian company and the Brazilian company Odebrecht.

The infrastructure projects were suspended in 2011 due to the deteriorating security condition.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img

Related News

India Achieves 7% Growth in Textile Exports

India's textile exports, including handicrafts, recorded a 7% increase...

UAE and Central African Republic CEPA to Boost Trade Beyond AED3.67 Billion

The UAE and the Central African Republic (CAR) have...

NCTO Expresses Concern Over President Trump’s Tariffs on Mexico and Canada

The National Council of Textile Organizations (NCTO) has raised...

Africa’s Economic Challenges: An Opportunity for Transformation, Says UNCTAD

Africa’s economic struggles, marked by dependency on volatile global...

EURATEX Urges Stronger Enforcement for Fair and Safe E-Commerce in the EU

The European Commission’s latest communication on e-commerce highlights growing...

Rieter – Significant Increase in Order Intake in Financial Year 2024

• Order intake of CHF 725.5 million • Sales of...

Spinnova Oyj (Finland) Joins ITMF As Corporate Member

Based in Finland, Spinnova has developed patented technology for...
×