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debt restructuring

Dubai Marina, New Dubai

Dubai World gets approval to restructure $14.6 bln debt outside court

Formal sign-off for the restructuring could occur within days or weeks

March 25, 2015 6:37
Debt restructuring: 2011 the year that was…

Debt restructuring: 2011 the year that was…

If 2010 was the year in which massive debt revelations were made public—2011 is the year of debt restructuring. We take a look at some of the major debt restructuring deals of companies here in the UAE...

December 20, 2011 2:54

Kuwait’s Dar agrees $3.58 bln debt restructuring

Creditors to own 10 pct of Dar as part of plan.

February 8, 2011 12:17

Banks in UAE will face Dubai World fallout in second quarter

With 15 billion in exposure to Dubai World, the central bank expects UAE’s local banks will take brunt of restructuring impact.

April 26, 2010 9:11