(MENAFN) Dubai Electricity & Water Authority (Dewa) said that it has inked six new contracts worth $852 million for projects in electricity and water sectors, TradeArabia reported. Dewa's Managing Dir… (read on…)
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March 11 (Bloomberg) — Dubai World may present its “first concrete proposals” to United Arab Emirates banks today as part of its debt restructuring plan, The National reported, citing sources familiar with the matter. (read more…) People who looked at this item also looked at… Dubai World...
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March 9 (Bloomberg) — Dubai World’s Chief Restructuring Officer Aidan Birkett held talks with HSBC Holdings Plc in London yesterday to outline proposals for the state-owned holding company’s debt restructuring, The National reported, without citing anyone. (read more…) Related items Dubai debt woes dent bank’s profits (Zawya) CEO...
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DUBAI, March 11 (Reuters) – Dubai World will present its first concrete proposals to local banks on Thursday on restructuring $22 billion in debt, The National newspaper reported, citing unnamed sources. (read more…) Related items State aid for UAE banks seen after Dubai World deal (Reuters via...
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Thailand began mobilizing 50,000 security personnel on Thursday ahead of a mass rally by anti-government protesters who have vowed to bring the capital to a standstill if a new election is not called. (read more…) Related items Dubai World’s Birkett Held London Talks With HSBC, National Says...
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March 11 (Bloomberg) — Dubai shares rose to the highest in almost two months on speculation Dubai World, the state-owned holding company in talks to renegotiate $26 billion of debt, may announce better repayment terms than previously expected. (read more…) Related items Dubai World to Seek Loan...
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The debt-ridden Dubai World conglomerate is outlining proposals to restructure 22 billion dollars of its debt to leading creditors, The National daily reported Tuesday. (read more…) People who looked at this item also looked at… Dubai to Present Debt Terms to U.A.E. Banks Today, National Says (Bloomberg) Related...
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March 11 (Bloomberg) — President Barack Obama ’s goals of boosting U.S. exports and combating climate change are colliding as the U.S. Export-Import Bank expands financing for oil, gas, mining and power-plant projects. (read more…) Related items Dubai Shares Rise Most in Month, Lead Gulf Gains, on...
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ABU DHABI – The banks in the UAE are strong enough to absorb any shock, including the impact of Dubai World’s debt restructuring, a top official said. (read more…) Related items Business : UAE Banks can Absorb any ‘Shock’ (Khaleej Times) Business : Bourses take a U-turn; Banking...
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UAE- HSBC cuts mortgage rate to woo new customers (read more…) Related items UAE Ministry of Economy signs MoU with HSBC Middle East to support UAE small and medium-sized enterprises (AME Info) Business : HSBC Appoints New CEO for the UAE (Khaleej Times) Islamic banking service launched (Gulf Times) HSBC...
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