Last updated: February 22, 2018

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Dubai’s Drake says UAE bank debt restructuring completed

Contracting giant also looking to refinance debt on projects in Saudi Arabia Arabian Business – construction

Dubai’s Drake & Scull says capital restructuring completed

Contractor Drake & Scull International also welcomes $ 136m investment by Tabarak Arabian Business – banking-finance

Qantas airline soars to record profit after restructuring

Australia’s national carrier Qantas posts a record annual profit of A$ 1.42bn ($ 1.1bn, £820m), nearly doubling last year’s result. BBC News – Business

Saudi’s Algosaibi signs deal with steering group on drawn-out restructuring

Ahmad Hamad Algosaibi and Brothers (AHAB) have signed a deal with a committee representing creditor banks to restructure the Saudi Arabian family conglomerate’s debt pile, it said in a statement

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