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Bahrain’s GFH restructures $45 million debt

Bahrain, restructuring, Islamic investment bank Gulf Finance House, $100 million wakala-structured facility, Bahrain-based Liquidity Management Centre

July 16, 2012 4:51

RBS, others quit Dubai group debt talks

RBS, two other banks quit talks, threaten legal action; Concessions offered to end banks' dissension – sources; Legal action threat may be negotiating tactic - analyst

July 10, 2012 11:36
MENA M&As survive on mid-size deals and SWFs

MENA M&As survive on mid-size deals and SWFs

Modest recovery is expected in mergers and acquisitions across MENA next year, with most driven by mid-size restructuring. Not a bad start for 2012, but not great either.

September 26, 2011 12:25

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

Investment Dar, co-owner of Aston Martin, is restructuring

The Kuwaiti firm is trying to agree with banks to repay about $3.5 billion.

March 13, 2010 10:20

Dubai World’s debt talks seeing “progress,” says UK minister

“There are signs of some progress being made from what I hear from the banks,” UK Trade Minister Mervyn Davies said in Dubai on Wednesday.

March 10, 2010 5:02

Dubai stocks fall for sixth consecutive day

Shares tumble due to fears over Dubai World debt restructuring

January 17, 2010 2:51

GIH shareholders approve restructuring deal

Kuwait’s Global Investment House (GIH) announced on Tuesday its shareholders have approved a…

January 12, 2010 4:21
Is the merger complete?

Is the merger complete?

Dubai Holding’s property subsidiaries – Dubai Properties, Sama Dubai and Tatweer – have been merged as part of the conglomerate’s restructuring. So, where does Emaar fit in?

August 23, 2009 12:50