Ahmed Bin Humaid Al Tayer, chairman of Emirates NBD, has said that Dubai World's plan to restructure $24.8bn of debt has been welcomed by creditors, Bloomberg has reported. Dubai World's proposal "takes into consideration the best interest of everybody" and the talks are now in the final stages, he said.
You might also like...
Iraq signs deal to develop the Akkas gas field
25 April 2024
Emaar appoints beachfront project contractor
25 April 2024
Acwa Power signs $356m Barka extension
25 April 2024
AD Ports secures Angola port concession agreement
25 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.
