Taqa targets $20m saving with HQ restructureAbu Dhabi National Energy Company (Taqa), an international energy and water company, aims to reduce general and administrative costs by more than $20 million in 2014 with a reorganisation at its headquarters. “The corporate More… |
New MD joins Deloitte reorganisation services teamDeloitte Corporate Finance Limited (DCFL) has appointed James Dervin as a managing director in the Middle East North Africa Reorganisation Services team effective June 1. More… |
Arcapita files key restructuring planBahrain-based Arcapita Bank, an international investment firm, has announced the filing of an amended consensual plan of reorganisation which seeks to "maximise recoveries to creditors and other stakeholders". The compan More… |
Shamil-Ithmaar revamp 'to create bigger bank'The comprehensive reorganisation of Bahrain's leading banks Ithmaar and Shamil will see the two pooling in their resources, expertise and in-house knowhow to create a single, more powerful bank, said a top Shamil Bank official. Shamil More… |