Saadiyat Island deal a new leaf for Arcapita after bankruptcy | The National:
"Arcapita is bouncing back from Chapter 11 bankruptcy as the Bahrain-based investment house seeks return to property and private equity deals, says its chief executive.
And its first big deal could be done on Saadiyat Island, where it is closing in on a US$200 million investment in a real estate project.
The Sharia-compliant company emerged in 2013 from Chapter 11 bankruptcy proceedings in the United States, paving the way for an ordered sale of assets to pay off its creditors. It has made about US$2.4 billion from around 14 divestments over the past 18 months, said its chief executive, Atif Abdulmalik."
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