Kuwait has vowed to fight a verdict that ordered it to pay more than US$2 billion (Dh7.34bn) to Dow Chemical, as per Thenational.ae. This verdict is one of the largest corporate arbitration awards givven in favour of Dow as Kuwait failed to go ahead with a petrochemical venture with the US company.
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Wednesday, May 30, 2012
Kuwait likely to contest US$2 bln Dow Chemical award
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