10/05/2017

UAE Banks Desperate to Sell Qatar Loans

UAE banks holding Qatari loans have become “more aggressive over the past couple of weeks” in offering the loans for sale in the secondary market, said one banker at a European bank specializing in financial institutions.

10/01/2017

GGICO signs debt restructuring with Creditors Dubai

“Driven by market conditions, we have obtained enough time until 2023 to dispose of our non-core assets in an organised and structured manner and to retire the debts. Subsequently, the company will focus on its core assets with very low leverage&