Talks under way to refinance $2.2bn debt of Saudi Aramco, Total's Satorp
Bloomberg reports Sumitomo Mitsui Banking Corp, Riyad Bank advising on talks for Satorp, a JV
Rothschild, Moelis in line for Saudi Binladin Group's $15bn debt revamp
Bloomberg reports that Ken Moelis is in Saudi Arabia to lead one of the Middle
Shuaa Capital named restructuring advisor for Dubai contractor DSI
Dubai Financial Market-listed Drake & Scull International says Shuaa Capital to support ongoing debt restructuring
Developer Limitless makes $122m payment to banks, creditors
Dubai-based real estate developer Limitless will on Thursday provide an early payment of $122m (AED412.4m)
Arabtec shareholders approve rights issues
Arabtec Holding has approved a planned $408.4m rights issue during a stakeholder meeting on Tuesday,
KSA government ends rescue talks with Saudi Oger
The Saudi Arabian government has called off rescue talks with troubled contractor Saudi Oger, according
UAE: Emaar unveils 15,000 homes in Dubai South
The golf district, spanning across nearly 700ha, will include over 15,000 homes and will be
Nakheel declared debt-free after sukuk repayment
The scheduled payment marks the end of the company’s financial restructuring, which began in August

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Construction Week - Issue 765
Jun 29, 2020