Friday 29 March 2024
 
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reorganisation

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

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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.   

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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

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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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