The judgment comes in spite of a Singaporean arbitration tribunal awarding US$26 million in damages to Hilton for Sun Travel's abrupt termination of the Irufushi management...
Malaysia-based security firm Nexbis Solutions has won an arbitration award of US$15 million as compensation for the Maldivian government's termination of a US$39 million border control...
Yameen had claimed that GMR only paid MVR16 million to the government a year whilst MACL generated MVR1 billion in the first year after taking over...
Ruling coalition MP and tourism tycoon Ahmed Siyam’s Sun Travel and Tours has been ordered to pay US$24million in damages for the abrupt termination of a...