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DXB Entertainments inks $1.14bn debt restructuring dealDXB Entertainments, the Dubai-based leisure and entertainment company and operator of emirate's theme parks, said it has reached an agreement with creditors to restructure Dh4.2 billion ($1.14 billion) in debt linked to the Phase I of the pr More… |
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Al Jaber nears $1.6bn debt restructuring dealAbu Dhabi-based Al Jaber Group, a leading provider of services in the construction, heavy lifting, logistics and industrial sectors, is nearing a deal to restructure around Dh5.75 billion ($1.6 billion) in debt this month, said a report. More… |
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Al Jaber nears $1.6bn debt restructuring dealAbu Dhabi-based Al Jaber Group, a leading provider of services in the construction, heavy lifting, logistics and industrial sectors, is nearing a deal to restructure around Dh5.75 billion ($1.6 billion) in debt this month, said a report. More… |
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Drake and Scull posts $98m Q3 lossDrake & Scull International (DSI), a regional market leader in engineering and construction services, has registered a net loss of Dh359 million ($98 million) for the third quarter of 2017 mainly hit by overall productivity of projects. More… |
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GGICO inks $584m debt restructuring dealDubai-based Gulf General Investment Company (GGICO) said it has completed a Dh2.1-billion ($584 million) debt restructuring after reaching an agreement with the majority of its creditors. Established in 1 More… |
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GGICO inks $584m debt restructuring dealDubai-based Gulf General Investment Company (GGICO) said it has completed a Dh2.1-billion ($584 million) debt restructuring after reaching an agreement with the majority of its creditors. Established in 1 More… |
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Amlak 2014 profit surges on debt restructuringDubai-based Islamic mortgage lender Amlak Finance posted a 22 per cent rise in attributable net profit for 2014 on Wednesday as gains from its debt restructuring offset write-downs in its property portfolio. Amlak's net profit More… |
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Amlak 2014 profit surges on debt restructuringDubai-based Islamic mortgage lender Amlak Finance posted a 22 per cent rise in attributable net profit for 2014 on Wednesday as gains from its debt restructuring offset write-downs in its property portfolio. Amlak's net profit More… |
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Dubai World debt restructuring deal 'soon'One of Dubai's top government officials said on Sunday that he expects state-owned conglomerate Dubai World to reach a deal on renegotiating its debt repayment schedule in the near future. "I can say for sure we will reac More… |
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Amlak’s debt restructuring proposal approvedDubai's Amlak Finance said on Thursday that a proposal to restructure its debt had been approved by all its creditors, and that shares in the mortgage lender would therefore resume trading on the emirate's stock market next year. More… |
