Fire battle between Thales and its former business partner in the Gulf

French defence group Thales is being sued by its former agent in the Gulf, Nabil Barakat, in a bitter battle being played out in the US courts alongside a parallel arbitration between the two parties. Businessman Barakat, who is claiming more than $1 billion from the company, is hoping to scare Thales by playing the anti-corruption card which could have the feared U.S. Department of Justice (DoJ) on its case too.

Spotlight FRANCE 12/02/2020

Barakat affair hurts Thales' export opportunities 

Thales CEO Patrice Caine's insistence on more stringent compliance has made it harder for the company to close export deals. [...]

UNITED ARAB EMIRATES FRANCE 21/10/2019

After Barakat affair, Thales carries out anti-corruption purge in the Gulf 

According to our sources, French defence conglomerate Thales has sacked several key executives in the United Arab Emirates and other parts of the Gulf due to their alleged association with Nabil Barakat, a former agent who had sued the company. [...]

UNITED STATES FRANCE 03/04/2019

Thales gets agent to arbitration table  Free

In a small victory for Thales in its legal spat with its former Gulf agent Nabil Barakat, on March 20, [...]

UNITED ARAB EMIRATES UNITED STATES FRANCE 25/02/2019

Thales' former agent for the Gulf ready to tell all about former client's marketing and sales modus operandi 

The battle between Thales and its former Gulf agent, Wamar International, is getting personal. Wamar boss Nabil Barakat's attacks are increasingly aimed directly at the French group's Middle East sales director Jean-Marc Budin. [...]

FRANCE 20/02/2019

Nabil Barakat, Thales' adversary, well-connected in French defence circles 

Engaged in a fierce battle against Thales, particularly its international [...]

FRANCE UNITED STATES 06/02/2019

Former Thales agent Nabil Barakat tries to bring his former partner in an anticorruption storm 

The former partner of Thales has accused the company of contravening its own compliance rules. [...]

Spotlight UNITED ARAB EMIRATES UNITED STATES FRANCE 09/01/2019

Business agents rebel against Thales group 

Two agents who have been sidelined by Thales are suing the firm for sums that exceed $1.5 billion. Others could follow suit. [...]

UNITED STATES 09/01/2019

Nabil Barakat, Thales' former man in the Gulf, seeks new avenues in Middle East and Ukraine 

Once Thales' key partner in the Middle East, Nabil Barakat is looking to branch out in new areas. [...]