ABU DHABI/GULF TIME The Abu Dhabi Securities Exchange (ADX) Group announced that it has achieved …
Read More »South Africa Airways rescue chief faces long to-do list
Bloomberg South Africa’s government has hired a veteran business-rescue specialist to take charge of the state-owned airline in a renewed attempt to restore it to financial health and remove a burden on the nation’s finances. Les Matuson and his team at Johannesburg-based Matuson & Associates will get 4 billion rand ($273 million) in working capital from creditors and the government …
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