Saudi Arabia's Nama Chemicals has begun arbitration proceedings against a consortium of Green Dimension Company for Environmental Services and Confident Engineering International after terminating two contracts with its key unit, Jubail Chemical Industries (Jana), over alleged contractual breaches.
Abu Dhabi’s Mubadala fund has won a €700 million ($825 million) in arbitration linked to the collapse of Austria's Signa property empire, a Reuters report quoted creditor protection group Creditreform as saying.