UNITED ARAB EMIRATES FRANCE Issue dated 16/02/2021

Technip's former agent in Abu Dhabi readies to recover its millions

The Federal Supreme Court of the UAE has sentenced Technip France to pay €51.5m to its former Emirati agent for unilaterally terminating their contract in 2007. Technip's UAE partner is in pursuit of its cash, just as Bpifrance plans to invest €200m in the company. [...] (500 words)
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