 |
US court directs Arcapita creditors to file claimsA US court has directed the ‘reorganised Arcapita Bank BSC" to initiate transfer of claims by eligible holders. Through a notice published in the Gulf Daily News (GDN), our sister publication yesterday (Decembe More… |
 |
Dubai World sets meetings to put new deal to creditorsState-owned conglomerate Dubai World will meet with its creditors next week to formally present revisions to its multi-billion-dollar debt restructuring terms, three sources aware of the matter told Reuters on Thursday. Meetings w More… |
|
Dubai World sets meetings to put new deal to creditorsState-owned conglomerate Dubai World will meet with its creditors next week to formally present revisions to its multi-billion-dollar debt restructuring terms, three sources aware of the matter told Reuters on Thursday. Meetings w More… |
 |
Dubai World in deal to extend $10bn debt repaymentDubai World, one of the emirate's big state-owned conglomerates, has signed a deal with its main creditors to extend the repayment of $10.3 billion debt, said a report. The group, which owns the third-largest ports operator, a More… |
|
Dubai World in deal to extend $10bn debt repaymentDubai World, one of the emirate's big state-owned conglomerates, has signed a deal with its main creditors to extend the repayment of $10.3 billion debt, said a report. The group, which owns the third-largest ports operator, a More… |
 |
Algosaibi seeks truce in debt disputeLong-stalled talks on one of the Middle East's largest debt restructurings are due to resume in Dubai on Wednesday, though those involved in the process are cautioning any agreement to pay out even a small amount of the cash owed to creditor More… |
 |
Saudi's Algosaibi calls creditor meeting in MaySaudi Arabian conglomerate Ahmad Hamad Algosaibi & Brothers has called a meeting of creditor banks in Dubai on May 7 to discuss a proposed settlement of billions of dollars of unpaid debt, commercial bankers said on Monday. Th More… |
 |
Nakheel plans creditor sukuk issueDubai property developer Nakheel plans to issue the second tranche of its Dh4.8 billion ($1.31 billion) Islamic bond (sukuk), to trade creditors by the end of April, the company's chairman said on Wednesday. The first portion of More… |
 |
Time running out for Greek debt accordGreece's prime minister scrambled on Sunday to convince lenders and politicians to sign off on a 130 billion euro ($171 billion) rescue, after his finance minister said just hours remained to clinch a deal to avoid a messy default. A t More… |
 |
Greek creditors call for debt dealGreece's private creditors have pleaded with European officials who rejected their bond swap offer to hammer together a deal before Athens tumbles into a chaotic default. Athens' hopes for a swift deal with lenders were evaporating after e More… |
