New Restructuring Era in Debt-Laden Gulf Sets Off Hiring Spree.

(Bloomberg) -- The world's biggest restructuring firms are boosting their presence in the Gulf region, anticipating a spate of turnaround work as companies succumb to the coronavirus pandemic after years of economic pain. Insolvency regimes that have emerged as a result are increasingly used by large companies that run into trouble, such as hospital operator NMC Health Plc or construction company Arabtec Holding PJSC. [Extracted from the article]