Jeweller Damas takes controlling stake in Saudi joint
Damas takes 98 pct stake in Saudi joint venture; Cost of acquisition undisclosed; Damas reached debt deal with lenders in March
April 26, 2011 4:31Register for our free newsletter
Nokia charging back with full force
Saudi government websites targeted
Dubai ranked as world’s 7th most popular destination
Damas takes 98 pct stake in Saudi joint venture; Cost of acquisition undisclosed; Damas reached debt deal with lenders in March
April 26, 2011 4:31Company reached 100 pct restructuring – CEO; Says facility agreement also reached with banks
March 28, 2011 3:57Private equity firms say big reform is necessary to save the sector in the region. That means foreign ownership, family involvement… and of course, transparency.
August 17, 2010 4:18Jeweller remains almost $900 million in debt.
August 1, 2010 2:33