Sunday 31 July 2016
 
»
Tag
 
»
debt

Pacific Controls in bank talks about $381m debt

Pacific Controls, a Dubai-based technology company, is in talks with banks about restructuring debts of Dh1.4 billion ($381 million), sources told Reuters, one of the largest firms to have to do so since the emirate's economy began to slow.

More…

Pacific Controls in bank talks about $381m debt

Pacific Controls, a Dubai-based technology company, is in talks with banks about restructuring debts of Dh1.4 billion ($381 million), sources told Reuters, one of the largest firms to have to do so since the emirate's economy began to slow.

More…

Emerging market debt triples since 2005, posing threat

Developing countries have nearly tripled their external debt over the past decade, outpacing economic growth and increases in foreign exchange reserves - which could leave them open in the future to a "systemic crisis", ratings agency

More…

Bondholders to take control of Kurdish oil firm Gulf Keystone

Kurdish oil producer Gulf Keystone will be taken over by its bondholders, including distressed-debt funds, after the firm proposed to swap $500 million of debt for shares, effectively wiping out its equity shareholders.  

More…

Kuwait plans $9.95bn sukuk to cover deficit

Kuwait plans to issue up to KD3 billion ($9.95 billion) in US dollar-denominated bonds and sukuk in international markets to help plug its budget deficit for the current 2016-17 fiscal year, the finance minister said on Sunday. It

More…

Egypt pays back $1bn debt owed to Qatar

Egypt has returned to Qatar $1 billion deposited by the Gulf state to help prop up the Egyptian central bank's hard currency reserves after the 2011 uprising, the central bank governor said on Friday. Cairo's relations wit

More…

Airbnb gets $1bn debt for expansion

Apartment-sharing startup Airbnb Inc has secured a $1 billion debt facility from some big US banks to aid its new services and finance its expansion plans, a source close to the company said. JPMorgan, Citigroup, Morgan Stanley an

More…

Limitless set to make $536m early debt repayment

Dubai-based real estate developer Limitless has confirmed that its early payment of Dh2.07 billion ($563 million) to banks and trade creditors will take place on Saturday.   The announcement follows last week's announcemen

More…

Qatar's Ahli Bank starts talks on $250m debt loan

Qatar's Ahli Bank has started talks to raise a $250 million three-year loan, banking sources told Reuters on Monday. The loan will be partially used to refinance an existing $200 million facility the bank signed in September 2

More…

Govt regulations, human capital back Bahrain growth

Bahrain continues to benefit from favourable supply-side factors: supportive human capital, mature regulatory environment and cost-competitiveness versus regional financial centres, as well as connectivity to Saudi Arabia, a report said.

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads