VOL. XLV
No 44
4-November-2002
SYRIA
Orascom Ordered To Hand Over Shares In SyriaTel And Pay $20Mn Compensation
The long-running dispute between Egypts Orascom Telecom (OT) and its Syrian partner Drex Techologies over the management of SyriaTel (MEES, 28 October) appeared to reach its final stages on 26 October when a Damascus court ordered OT to hand over its shares in SyriaTel to the Syrian partner and pay $20mn in compensation. SyriaTel issued a statement explaining that the court ordered OT...
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