ArabFinance: Amer Group (AMER) announced that court of competent jurisdiction has set July 21 to review the claim, which was filed by Amer Group and Amer Syria against Antraduos for Touristic Development.
It is worth to mention, Antraduos for Touristic Development and others filed an arbitration appeal no. 986 of 2014 against Amer Group and Amer Syria before The Cairo Regional Centre for International Commercial Arbitration, regarding the touristic, residential and administrative development contract in Syria.
The Cairo Appeal Court decided to finalize the arbitration procedures in the absence of the other parties, according to Antraduos ask.