KUWAIT – Kuwait’s Kharafi Group wins USD930m from Libya reports media

  LIBYA will have to pay Kuwait’s Kharafi Group USD930 million in damages for former leader Muammar Gaddafi’s cancelling of the construction of a vacation resort, Kuwaiti newspapers reported last month.  M. A. Kharafi and Sons, a company owned by one of Gulf state’s biggest merchant families, won the award in arbitration proceedings via the Arab League, al-Rai newspaper said,...
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