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restructuring

Dubai's Limitless to pay an early debt of $563m
A payment of $517m (AED1.9bn) will be made to banks, covering 43% of the outstanding
UAE's Arabtec posts $257m net loss in Q3 2015
Arabtec is currently in advanced discussions with several major clients in respect of a number
Tradition is good, but modern is better
Having just celebrated 60 years in the industry, and indeed, one of the oldest companies
Construction needs overhaul to boost productivity
Global study advocates better use of technology, more training and greater collaboration to improve margins
KBR posts huge loss due to restructuring costs
US-based contractor posts $1.24bn Q4 loss on revenues of $1.4bn
Arcadis makes Wael Allan regional CEO
EC Harris regional leader John Williams made chief operating officer of combined Middle East operations
Arabtec reports profit drop due to one-off costs
Contractor says its "limited restructuring process" has been successfully completed
MMG says Korean firm owes it $129mn
Contractor argues that SK E&C has not paid it for work on KAPSARC project; SK

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Construction Week - Issue 767
Sep 01, 2020