News List

GAR Listed ISTAC as an "Institution Worth a Closer Look"

Istanbul Arbitration Center (ISTAC) has been listed among institutions worth a closer look in Global Arbitration Review (GAR) Guide to Regional Arbitration.

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Feb 9th, 2018: ICC Turkey Arbitration Day

The International Court of Arbitration of the International Chamber of Commerce (ICC) jointly with ICC Turkey and in cooperation with TOBB are organizing an Arbitration Day in Istanbul. The conference aims to contribute to the development of international commercial and investment arbitration in Turkey, to promote Istanbul as a place for dispute resolution as well as the work of Turkish arbitrati...

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Iran pays arbitration debt in full to Turkey

Iran paid full compensation of $1.9 billion to Turkey through the provision of 8 billion cubic meters of free natural gas, the Managing Director of National Iranian Gas Company (NIGC) Hamid Reza Araghi announced late Monday.According to Iran's Fars News Agency, Araghi said that Iran has now settled its debt through free gas exports to Turkey and from Monday, Feb. 5 onwards, Iran will revert to bil...

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