london court of international arbitration awards full victory to dp world
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

London Court of International Arbitration awards full victory to DP World

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice London Court of International Arbitration awards full victory to DP World

DP World
Dubai - Arab Today

A tribunal of distinguished arbitrators, acting under the rules of the London Court of International Arbitration, has exonerated DP World from all charges of misconduct in connection with the award of a 50-year concession to operate the Doraleh Container Terminal (DCT) in Djibouti.

The international tribunal was composed of distinguished arbitrators Lord Leonard Hoffmann, Sir Richard Aikens and Peter Leaver QC.

The claim, brought by the government of the East African country in 2014, accused DP World of illegal payments to the head of the country’s port and free zone authority, Abdourahman Boreh, to secure the concession to run DCT in 2006. In March 2016, the English Commercial Court in London dismissed all charges against Boreh brought against him by the Government of Djibouti, related to his dealings with DP World.

Today the London Court of International Arbitration fully exonerated DP World, stating in the Partial Final Award that: the claimants’ claims all fail and are dismissed;the claimants must bear all costs of the arbitration to date and the claimants must pay the legal and other costs of the respondents in the arbitration upon an indemnity basis and in an amount to be determined by this tribunal in a further Award.

Built and operated by DP World, the Doraleh Container Terminal is the most technologically advanced container terminal on the African east coast. Launched in 2009, with direct road links to Ethiopia, the port lies on the major east-west trade route and provides a secure hub within the region for transhipment and relay activities. The terminal is Djibouti’s biggest employer with almost 1,000 employees of whom 99 percent are Djibouti nationals. Throughout arbitration proceedings, DP World has continued to manage the port.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

london court of international arbitration awards full victory to dp world london court of international arbitration awards full victory to dp world

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

london court of international arbitration awards full victory to dp world london court of international arbitration awards full victory to dp world

 



GMT 10:08 2018 Wednesday ,24 January

Microsoft to open 4 data centres

GMT 09:41 2017 Thursday ,17 August

Syrians face 'horrible' camp conditions

GMT 00:22 2017 Tuesday ,03 October

Palestinian PM vows to boost unity

GMT 16:30 2017 Wednesday ,15 November

Palestinian police concludes study visit to Portugal

GMT 10:15 2018 Monday ,15 January

India thrash Aussies in U19 World Cup

GMT 08:46 2017 Wednesday ,11 October

Turkey intensifies operation in Syria’s Idlib

GMT 18:36 2017 Thursday ,24 August

France's Macron sets sights on EU rule

GMT 16:33 2017 Monday ,27 November

Thousands flee over Bali volcano eruption fears

GMT 20:42 2014 Wednesday ,05 February

State TV delays scheduled address by Iran\'s Rouhani

GMT 15:47 2017 Tuesday ,16 May

PM receives USAID official

GMT 17:58 2011 Tuesday ,22 November

South Indian superstar Mammootty in Sharjah

GMT 16:24 2015 Monday ,23 March

Spain ruling party ran illegal slush fund

GMT 10:44 2011 Thursday ,22 September

Branson campaigning to save sharks

GMT 02:14 2017 Friday ,17 March

Mohamed bin Zayed receives Bahrain Crown Prince

GMT 14:15 2017 Wednesday ,01 February

Russia stripped of London relay silver for doping

GMT 07:57 2017 Saturday ,20 May

Vanity Fair (US) appoints editor of Vanity Fair

GMT 16:51 2016 Friday ,18 November

Baptism of fire for new Inter boss

GMT 07:41 2018 Thursday ,18 January

Economists call for overhaul of eurozone fiscal rules

GMT 14:50 2018 Wednesday ,17 January

Calls for probe into migrant death in Spain
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice