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Restructuring news in the Middle East
An overview of news, trends and research in Restructuring consulting in the Middle East:
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No news found.
Advisors celebrate approval of Azmeel’s financial restructuring plan
Saudi Arabia's Azmeel Contracting & Construction Corporation has received court approval for its proposed 7.73 billion riyal ($2.
25 February 2022
KPMG shares best practices for navigating financial distress
In a bid to support GCC leaders in financial distress or facing its prospect, experts at KPMG recently hosted a webinar where they discussed a number of restructuring and turnaround best practices.
16 March 2021
Leading restructuring consulting firms ramping up in Gulf
Specialist restructuring consulting firms are currently beefing up their numbers in the Middle East – in anticipation of widespread business struggles brought about by the coronavirus.
17 February 2021
AlixPartners to liquidate assets of Burj Khalifa and Louvre builder
Arabtec – a company most known for its role in the construction of world’s tallest building Burj Khalifa and the iconic Louvre replica in Abu Dhabi – has gone into liquidation.
27 October 2020
A&M working on NMC Health's administration and turnaround
Already the administrator for NMC Health’s holding company in London, Alvarez & Marsal has now been appointed to manage NMC Health’s administration in Abu Dhabi.
26 August 2020
'Explore financial restructuring options before it is too late'
With many companies already facing unsteady financial ground before the onset of this crisis, the economic consequences of Covid-19 will transform GCC’s business landscape for the foreseeable future
03 August 2020
'Middle East should brace itself for restructuring wave'
As the economic impact of the Covid-19 crisis manifests itself, Matthew Wilde, a Managing Director at AlixPartners in the Middle East, anticipates a sea of firms will be forced to restructure their operations.
22 June 2020
Matthew Wilde leads restructuring practice of AlixPartners
Matthew Wilde, the former Head of Corporate Finance and Restructuring at PwC in the Middle East, has joined AlixPartners at a time “when it really matters” for the region amid a spike in turnaround activity.
02 June 2020
Restructuring in Saudi Arabia: Imperative or an opportunity?
Regardless of which school of economics you belong to, the consensus in the 21st century is that the economic prospects of a country lie primarily in its ability to offer entrepreneurs and business o
06 May 2020
Expert consultants to speak at corporate restructuring event in Dubai
The Corporate Restructuring Summit is set to return to Dubai next month, with consultancies Roland Berger, Deloitte and Kroll among the event partners.
14 August 2019
EgyptAir's Bain & Company turnaround plan taking flight
EgyptAir’s turnaround plan devised by Bain & Company has taken off according to airline chief Ahmed Adel, with aims for a 100-strong fleet within eight years.
02 July 2019
Etihad taps Alvarez & Marsal for potential Jet Airways turnaround
A team of Alvarez & Marsal turnaround specialists is presently conducting an on-the-ground due diligence examination of Jet Airways according to Reuters, brought in at the behest of Etihad.
29 January 2019
AlixPartners brought in by Abraaj health fund investors to oversee split
Global management firm AlixPartners is the latest to be added to a growing list of consultancies brought in to sift through the wreckage of the Abraaj collapse, with Deloitte meanwhile tapped by regu
20 August 2018
Oman calls in McKinsey on refining and petrochemical industry integration
Strategy and management giant McKinsey & Company has been working with Oman on plans to integrate the Sultanate’s refining and petrochemical sectors into a single entity, according to recent reports
18 May 2018
Abu Dhabi's Mubadala Investment working with A.T. Kearney on portfolio review
The global management consulting firm A.T. Kearney is assisting Abu Dhabi’s state-owned Mubadala Investment Co. with a review of its post-merger assets, according to emerging reports.
19 January 2018
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