The increased interest rates have not had a material impact on dealmaking activity in the region
Consumers in the UAE have the highest proportion of ‘quality appreciators’ and the lowest proportion of ‘cost-conscious’ consumers
Alvarez & Marsal managing directors Richard Fleming and Ben Cairns have been appointed joint administrators
The legal guardianship will protect the group from creditors’ actions
NMC had a peak market value of $10bn on the London Stock Exchange before the uncovering of billions of dollars of undisclosed debt pushed it into administration