Saturday 21 September 2024
 
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restructuring

Emaar Economic City unveils Capital Optimisation Plan

Emaar the Economic City (EEC), the master developer of King Abdullah Economic City (KAEC), has announced a transformative business strategy, as approved by EEC’s Board of Directors and aligned with Saudi Vision 2030. This strategy

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Emaar Economic City unveils Capital Optimisation Plan

Emaar the Economic City (EEC), the master developer of King Abdullah Economic City (KAEC), has announced a transformative business strategy, as approved by EEC’s Board of Directors and aligned with Saudi Vision 2030. This strategy

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Drake & Scull writes off $1.12bn; restructuring plan on track

Drake & Skull International, a leading contracting and engineering company, has announced the completion of the company's compliance with all restructuring plan requirements after issuing mandatory convertible sukuk to the company&rsqu

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Drake & Scull writes off $1.12bn; restructuring plan on track

Drake & Skull International, a leading contracting and engineering company, has announced the completion of the company's compliance with all restructuring plan requirements after issuing mandatory convertible sukuk to the company&rsqu

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Drake & Scull approves key restructuring, capital hike plan

Drake & Scull International, a leading general contracting and engineering company, has announced that approval has been given to recommendations made by its board of directors for the capital restructuring of the company and increasing it

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Q Holding names new chairman in major restructuring

In a major restructuring, Q Holding, a leading Abu Dhabi-based investment company, has appointed Jassem Mohammed Buatabh Al Zaabi as its new chairman, while Abdullah Al Sahia  will take over as the managing director and Bill O’Regan

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Emirates Post Group undergoes restructuring to drive growth

Emirates Post Group Company (EPG) has undergone a strategic restructuring aimed at positioning itself as the logistics market enabler in the UAE.    The new structure follows the organisation’s transit

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Bahrain King orders restructuring of LMRA

His Majesty King Hamad bin Isa Al Khalifa today (January 31) issued a royal decree (13) of 2023, on restructuring the Labour Market Regulatory Authority (LMRA), based on the proposal of the Prime Minister, and following the approval of the Cab

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Meico restructured under Middle East Holding

Middle East Insurance Company (Meico) has been restructured and it becomes part of the Middle East Holding, which is listed on the Amman Stock Exchange.   This was announced by the company Chairman Zeid Kawar dur

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Union Properties completes $162m debt restructuring

Union Properties has announced the successful completion of a AED595 million ($162 million) debt restructuring, including the repayment of AED 223 million to lenders, as part of a comprehensive restructuring plan agreed by all parties. 

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