Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2019


Iraq is paying $ 500 million to Kuwait Airways as compensation

rocky
rocky
NNP TEAM
NNP TEAM

Posts : 188837
Join date : 2012-12-21

airways - Iraq is paying $ 500 million to Kuwait Airways as compensation Empty Iraq is paying $ 500 million to Kuwait Airways as compensation

Post by rocky on Sat 08 Jul 2017, 1:48 pm


Iraq is paying $ 500 million to Kuwait Airways as compensation

KUWAIT CITY: Kuwaiti Finance Ministry and Kuwait Airways are coordinating efforts to receive $ 500 million, media reports said Saturday.
“The payments are due to be made in the form of a payment or two payments over the next few months,” Arak Business News said in Khobar.
“The initial agreement was for Iraq to pay $ 300 million in cash and transfer the remaining $ 200 million to a capital base to establish Iraqi-Kuwaiti Airways as a joint venture that was canceled,” he said.
Iraq will pay the debt in full as part of an out-of-court settlement in return for dropping cases against Iraqi Airways for damage to the Kuwait Airways fleet during the period of Iraq’s invasion of Kuwait in 1990.


[You must be registered and logged in to see this link.]

    Current date/time is Fri 14 Aug 2020, 9:59 pm