Algeria Court Ruling Dashed Hopes for Settlement

April 12, 2012

After a long bitter dispute over Orascom’s local mobile phone unit, it has filed a formal arbitration notice against the Algerian government. In a statement, Orascom said that it “asserts that since 2008 its rights under the Agreement on the Promotion and Reciprocal Protection of Investments between Egypt and Algeria have been violated by actions taken by the Algerian government against (Algerian subsidiary) OTA.”

Read Article—

ADR Times is a community exploring mediation, conflict resolution, diplomacy and peace - a library of news, insights and resources. We welcome contributions and collaborations from other like-minded and proactive dispute resolution practitioners and scholars.