Sawiris looks to annul ruling on his case against Algerian government

Sawiris looks to annul ruling on his case against Algerian government: Naguib Sawiris is looking to annul the international court ruling rejecting his c. USD 4 bn claim against the Algerian government over the ownership of Algerian mobile operator Djezzy, Developing Telecoms says. Sawiris reportedly filed an official appeal for annulment of the June ruling late in September. The verdict, which was issued after a four-year long battle with Algerian authorities, had ordered Sawiris to foot 50% of the government’s c. USD 3.5 mn legal bill for the case.