Thursday 26 November 2015

Taqa targets $20m saving with HQ restructure

Abu Dhabi National Energy Company (Taqa), an international energy and water company, aims to reduce general and administrative costs by more than $20 million in 2014 with a reorganisation at its headquarters. “The corporate


New MD joins Deloitte reorganisation services team

Deloitte Corporate Finance Limited (DCFL) has appointed James Dervin as a managing director in the Middle East North Africa Reorganisation Services team effective June 1.   


Arcapita files key restructuring plan

Bahrain-based Arcapita Bank, an international investment firm, has announced the filing of an amended consensual plan of reorganisation which seeks to "maximise recoveries to creditors and other stakeholders". The compan


Shamil-Ithmaar revamp 'to create bigger bank'

The comprehensive reorganisation of Bahrain's leading banks Ithmaar and Shamil will see the two pooling in their resources, expertise and in-house knowhow to create a single, more powerful bank, said a top Shamil Bank official. Shamil

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