Rent the Runway Says Recapitalization Plan Will Support Growth
PYMNTS • August 21, 2025

Fashion rental company Rent the Runway has announced a recapitalization plan that will convert $243 million of its debt into common equity in the company,
Business News

Lozan Urban Developments (LUD) has officially signed a partnership agreement with Al-Amal Engineering & General Contracting Company, headed by Haitham Farhat, to begin the construction of the highly anticipated Apex Business Complex in the New Administrative Capital. This follows the successful completion of preliminary shoring works and the acquisition of necessary excavation permits. The partnership