Matter
Korek Telecom Company LLC and others v Iraq Telecom Limited and another (DIFC Courts ARB 012/2023; CA 016/2024)
DIFC Court proceedings arising from a DIFC-seated ICC arbitration between Korek parties and Iraq Telecom concerning recognition, enforcement, set-aside, appeal, and detailed assessment of costs.
Procedural record
- 22 September 2026United Arab Emirates
22 September 2026United Arab Emirates
Order with Reasons of the Dubai International Financial Centre Courts in the case ARB 012/2023 and CA 016/2024 dated 22 September 2026
Dubai International Financial Centre Courts
- Citation
- DIFC Courts, ARB 012/2023; CA 016/2024, 22 September 2026
- Decision summary
- The Court ordered the Receiving Parties to amend their Bill of Costs for a final costs certificate and directed issuance of an interim costs certificate for USD 1,380,508.12. It ordered simple interest at 9% per annum on the specified CFI and Court of Appeal costs until payment and gave directions for submissions on the assessment costs.
Participants
Korek Telecom Company LLC
Korek International (Management) Limited
Sirwan Saber Mustafa
Iraq Telecom Limited
- Representative
- Akin Gump Strauss Hauer & Feld (For: Iraq Telecom Limited · International Holdings Limited)
- Representative
- Meysan Partners (For: Iraq Telecom Limited · International Holdings Limited)
- Representative
- Jones Day (For: Iraq Telecom Limited · International Holdings Limited)
- Representative
- Tom Montagu-Smith KC (For: Iraq Telecom Limited · International Holdings Limited)
- Representative
- Tom Ford (For: Iraq Telecom Limited · International Holdings Limited)
- Expert
- Ali Al Hashimi (For: Iraq Telecom Limited · International Holdings Limited)
International Holdings Limited
- Representative
- Akin Gump Strauss Hauer & Feld (For: Iraq Telecom Limited · International Holdings Limited)
- Representative
- Meysan Partners (For: Iraq Telecom Limited · International Holdings Limited)
- Representative
- Jones Day (For: Iraq Telecom Limited · International Holdings Limited)
- Representative
- Tom Montagu-Smith KC (For: Iraq Telecom Limited · International Holdings Limited)
- Representative
- Tom Ford (For: Iraq Telecom Limited · International Holdings Limited)
- Expert
- Ali Al Hashimi (For: Iraq Telecom Limited · International Holdings Limited)
Dubai International Financial Centre Courts
- Judge
- Michael Black
- Court registrar
- Hayley Norton
- Date not availableUnited Arab Emirates
Date not availableUnited Arab Emirates
Arbitral Award made on 20 March 2023
International Chamber of Commerce
- Decision summary
- The award granted Iraq Telecom Limited, for itself and on behalf of International Holdings Limited, approximately USD 1.65 billion inclusive of pre-award interest and costs against Korek Telecom Company LLC, Korek International (Management) Limited, and Sirwan Saber Mustafa.
Participants
International Chamber of Commerce