Oman Air announces major transformation planA 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 More… |
Travelex posts positive Q3 results after turnaroundTravelex, 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 More… |
Acwa Power, SWPC ink deal to restructure Shuaibah 3 IWPPAcwa 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 More… |
Acwa Power, SWPC ink deal to restructure Shuaibah 3 IWPPAcwa 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 More… |
Drake & Scull financial restructuring completeDrake & 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 More… |
Jabal Omar secures key finance to restructure $1.25bn loanLeading 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 More… |
KPMG to host webinar on financial restructuringProfessional 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. More… |
Lamprell announces strategic restructure into 3 verticalsUAE-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 More… |
Lamprell announces strategic restructure into 3 verticalsUAE-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 More… |
Etihad revamps business to meet new challengesAbu 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 More… |