OHLA - comment
We are not surprised that the courts in Qatar wants nothing to do with litigation around the Sidra hospital contracts, and have decided annul the litigation between OHLA and its subcontractors. The involvement of the Royal family means this was always likely. Still, in Qatar has Still, the main dispute continues under arbitration (outside of Qatar) with no settlement date. The case will likely be decided at a fraction of the claims made, but it continues to cast a shadow over OHLA. The sooner it is finalised, the better