The company, which has been in crisis since U.S. firm Muddy Waters' short attack, revised its debt position from $5bln earlier in March, and named Matthew J. Wilde as chief restructuring officer.
Reuters News - 24-Mar-2020The auction by First Abu Dhabi Bank, which is the main lender for the Shangri-La hotel, marks a first step by creditors to recover funds
Reuters News - 09-Jan-2020Al Jaber will seek to raise about $444million from asset sales by the end of 2020
Banker Middle East - 04-Jul-2019Khaled Jarrar as Group Chief Financial Officer, Mohamed Ghanem as Chief Legal Officer and Mike Grant as the Chief Restructuring Officer
Press Release - 19-Feb-2019Under the deal likely to be implemented by the end of March, Al Jaber will reduce debt throught asset sales and a discounted debt buyback mechanism
Reuters News - 20-Dec-2018Access the most comprehensive database of companies and officers in the Middle East and North Africa, covering all major sectors and industries, from Refinitiv.
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