Sunday 13 July 2014

Bapco turnaround of platformer-unifiner starts

Bahrain Petroleum Company (Bapco) said a 30-day turnaround and inspection (T&I) of its platformer-unifiner units will start today with focus on a major overhaul and upgrade of its recycle compressor gas turbine. The platformer-unifiner


Gulf ripe for corporate restructuring: Expert

The Gulf region, hit by the global downturn and sluggish growth, is ripe for corporate turnarounds but the concept is seen in a negative light by some, executives from US advisory firm AlixPartners said. The company, which has been in the


PAL set to relaunch Gulf flights

Philippine Airlines (PAL) is planning to re-introduce flights to Bahrain and other Gulf countries within the next two years, said the airline's president and chief operating officer Jaime Bautista. Talking to the Gulf Daily News, our sist


Turnaround experts in big demand as US recession looms

There's one pot of gold for the battered financial services industry: Firms that offer corporate restructuring and bankruptcy advice are adding staff and seeing profits climb as the slowing US economy yanks the rug out from under struggling compan

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