#restructuring

KBBO hires restructuring expert for $2bn debt revamp

The privately-held investment firm with assets in health care and food named Bruno Navarro as its chief restructuring officer

Abu Dhabi insurance company Daman appoints new CEO

Al Mehyas has been leading the company following a major reorganisation last year

Sheikh Mohammed

Sheikh Mohammed announces new government structure with merged ministries

About 50 per cent of federal agencies will be merged with each other or within ministries

Deutsche Bank’s head of EMEA to exit the company

Ashok Aram, who also heads the firm’s international private and commercial bank operations, is departing for personal reasons

UAE pharma Julphar resumes exports to Saudi after suspension

The kingdom banned Julphar’s products in September 2018 for failing to meet regional standards

Saudi Binladin group hires Houlihan Lokey for $15bn debt revamp

The restructuring is aimed at reorganising Binladin’s assets into sector-led businesses and streamlining operations