Wednesday 21 February 2018
 
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Al Jaber

Al Jaber nears $1.6bn debt restructuring deal

Abu Dhabi-based Al Jaber Group, a leading provider of services in the construction, heavy lifting, logistics and industrial sectors, is nearing a deal to restructure around Dh5.75 billion ($1.6 billion) in debt this month, said a report.

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Al Jaber nears $1.6bn debt restructuring deal

Abu Dhabi-based Al Jaber Group, a leading provider of services in the construction, heavy lifting, logistics and industrial sectors, is nearing a deal to restructure around Dh5.75 billion ($1.6 billion) in debt this month, said a report.

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TIP, Al Jaber sign major power contract

UAE’s Tawazun Industrial Park (TIP) has signed a Dh150 million ($41 million) contract with Al Jaber Transport & General Contracting to enhance the power availability in its Park. The contract was signed by Faiz Al Nahddy

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TIP, Al Jaber sign major power contract

UAE’s Tawazun Industrial Park (TIP) has signed a Dh150 million ($41 million) contract with Al Jaber Transport & General Contracting to enhance the power availability in its Park. The contract was signed by Faiz Al Nahddy

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TIP, Al Jaber sign major power contract

UAE’s Tawazun Industrial Park (TIP) has signed a Dh150 million ($41 million) contract with Al Jaber Transport & General Contracting to enhance the power availability in its Park. The contract was signed by Faiz Al Nahddy

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Value-added partnerships key to Adnoc: Al Jaber

Strategic, value-added partnerships are the key to Adnoc’s growth plans, as the company seeks to ambitiously expand its business by opening new markets and offering new, diversified and high-value products, said Dr Sultan Ahmed Al Jaber, U

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Efficiency, value creation key in new oil era: Adnoc CEO

Oil producers who focus on efficiency, value creation, commerciality and excellence will be successful in an era of unpredictable oil prices, said Dr Sultan Ahmed Al Jaber, UAE Minister of State and Adnoc Group CEO. Delivering the keyno

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Al Jaber to sell contractor, leverage hotel in debt plan

Abu Dhabi's Al Jaber Group plans to raise up to Dh2.35 billion ($640 million) by the end of 2017 by selling its stake in a construction company and using a prime hotel in the emirate as collateral for a loan, informed sources said.

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Al Jaber to sell contractor, leverage hotel in debt plan

Abu Dhabi's Al Jaber Group plans to raise up to Dh2.35 billion ($640 million) by the end of 2017 by selling its stake in a construction company and using a prime hotel in the emirate as collateral for a loan, informed sources said.

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Al Jaber misses $4.5bn debt payment deadline

Al Jaber Group missed a March repayment on its $4.5 billion restructuring, three sources aware of the matter told Reuters on Tuesday, adding pressure on the Abu Dhabi-based conglomerate to quickly secure a new debt deal to save it from collapse.

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