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financials

Dubai bourse unveils new measures for loss-making companies
Companies running losses worth more than 50% of their capital will be red-flagged as part
Bahrain's Alba eyes production of 1.35 million tonnes by end-2019
Q3 2019 sales and production volumes respectively up by 51% and 53% in record-breaking quarter
Egypt's Orascom reports $5.1bn backlog as Q3 2019 deals grow 150%
The contractor signed $1.3bn in contracts during Q3 2019, with 25% of its new work
Dubai's Emaar says final terms confirmed for $500m sukuk
Real estate giant says final terms for 10-year sukuk delivered to Dubai Financial Services Authority
Axalta to acquire UAE coatings manufacturer Capital Paints
The acquisition is subject to regulatory approvals and is expected to expand Axalta's Middle East
Oman's CMA dissolves board of Al Hassan Engineering Co
Capital Markets Authority forms temporary board to "ensure the continuity of operations" at loss-making contractor
Saudi Arabia contractor Al-Khodari presents restructuring plan
Cash-strapped contractor discusses ongoing developments following losses worth 198% of its capital as of Feb
Boursa Kuwait suspends Tamkeen Holding, Reem Real Estate, Al Kout
Companies suspended for failure to provide financial statements as required by Kuwaiti stock exchange

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Latest Issue

Construction Week - Issue 751
Oct 13, 2019