Sunday 17 November 2024
 
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Restructure

Oman Air announces major transformation plan

A comprehensive programme to restructure Oman Air has been announced and will be implemented over the next three to four years.   The programme, announced by Eng Saeed Al Mawali, Minister of Transport, Communicat

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Travelex posts positive Q3 results after turnaround

Travelex, a market leading foreign exchange brand, has reported a positive EBITDA and strong revenue growth for the third quarter (Q3) of 2022 due to its turnaround following the Covid-19 pandemic and company restructuring. The Ne

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Acwa Power, SWPC ink deal to restructure Shuaibah 3 IWPP

Acwa Power, a leading Saudi developer, investor and operator of power generation, desalinated water and green hydrogen plants worldwide, said it has signed an agreement with Saudi Water Partnership Company (SWPC) and Shuaibah Water Electricity

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Acwa Power, SWPC ink deal to restructure Shuaibah 3 IWPP

Acwa Power, a leading Saudi developer, investor and operator of power generation, desalinated water and green hydrogen plants worldwide, said it has signed an agreement with Saudi Water Partnership Company (SWPC) and Shuaibah Water Electricity

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Drake & Scull financial restructuring complete

Drake & Scull International (DSI), a regional market leader in the integrated design, engineering and construction disciplines of Mechanical, Electrical and Plumbing (MEP), Water and Power, and Oil and Gas, announced that the company's

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Jabal Omar secures key finance to restructure $1.25bn loan

Leading Saudi developer Jabal Omar Development Company said it has signed an Islamic term finance agreement with kingdom's top banks - Saudi British Bank (SABB) and Saudi National Bank (formerly Samba Financial Group) - in bid to restructu

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KPMG to host webinar on financial restructuring

Professional services firm KPMG in Bahrain will host a webinar highlighting the impact of the Covid-19 on the profitability of family businesses and discuss benefits financial restructuring could provide towards building resilience.

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Lamprell announces strategic restructure into 3 verticals

UAE-based Lamprell, a top services provider to the oil and gas industry, has announced a strategic reorganisation of its business to increase the Group’s focus on renewables and the energy transition and enable the Group to take full advan

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Lamprell announces strategic restructure into 3 verticals

UAE-based Lamprell, a top services provider to the oil and gas industry, has announced a strategic reorganisation of its business to increase the Group’s focus on renewables and the energy transition and enable the Group to take full advan

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Etihad revamps business to meet new challenges

Abu Dhabi-based Etihad Airways today announced a new organisational structure that will position the business to deliver on its mandate in the wake of Covid-19 and meet the challenges of the global downturn in aviation head on. &n

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