The International Center for Settlement of Investment Disputes, in collaboration with the World Bank, issued compensation to Saudi billionaire Mohammed Al-Amoudi in the amount of $150 million, following the lawsuit he filed in regarding the oil refinery called Samir, which he owned in Morocco.
This compensation represents about 5.5% of the amount requested by the billionaire Coral Murco Holding Company, which amounts to about 2.7 billion dollars, according to what the official Moroccan news agency said from Minister the Economy and Finance.
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This is the furnace that Al-Amoudi bought from him Government of the Moroccan Refinery Industry Company called “Samir” in 1997.
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2024-08-20 02:35:56
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