Results for
abraaj
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Abraaj founder Naqvi sentenced to prison in absentia by UAE court: Bloomberg
Arif Naqvi, the founder of the now-defunct Abraaj private-equity firm, was sentenced in absentia to three years in prison by a court in the UAE for a ... Economy -
Dubai fines two Abraaj companies $315 million
The Dubai Financial Services Authority (DFSA) on Tuesday announced that it will fine two Abraaj-affiliated companies 1.15 billion dirhams ($315 ... Economy -
British private equity firm Actis acquires management of two Abraaj funds
On Monday the British-based private equity (PE) firm Actis said that it has acquired the rights to manage two private equity funds which had ... Economy -
Abraaj founder released from custody after $19 mln bail payment
Arif Naqvi, the Pakistani founder of collapsed private equity firm Abraaj Group, has been released from custody after meeting bail conditions ... Economy -
Abraaj founder given more time to raise $19.5 mln bail
The Pakistani founder of Abraaj Group, once one of the largest emerging markets private equity investors, has been given more time to raise a 15 ... Economy -
TPG signs deal to takeover management of Abraaj’s healthcare fund
US private equity firm TPG said on Thursday it has signed a definitive agreement to takeover the management of a healthcare fund, previously managed ... Energy -
Abraaj founder wins bail appeal in London
Arif Naqvi, the Pakistani founder of collapsed private equity firm Abraaj Group, won a battle for bail in a London court on Friday, a British ... Economy -
Former Abraaj executive gets bail in New York in fraud case
A US district court has granted bail to a former managing partner of collapsed private equity firm Abraaj, Mustafa Abdel-Wadood, on condition that he ... Economy -
Abraaj founder’s extradition case adjourned again
A London court case to extradite Arif Naqvi, founder of collapsed private equity firm Abraaj Group, to the United States on fraud charges was ... Economy -
Dubai financial services authority says investigation into Abraaj is ongoing
Dubai’s financial services authority (DSFA) said on Monday that its investigation into collapsed Dubai private equity firm Abraaj Capital Ltd ... Financial Markets -
Top Abraaj executives arrested on US fraud charges
The chief executive and a managing partner of the collapsed Dubai private equity firm Abraaj Capital Ltd were arrested on US charges that they ... Financial Markets -
Air Arabia begins legal proceedings against Abraaj founder
Air Arabia said on Thursday it has begun legal proceedings against Abraaj founder Arif Naqvi in a court in Sharjah, the latest challenge for the ... Economy -
Report: Abraaj’s stake in $1 bln healthcare fund to be split among other investors
AlixPartners, the interim manager of Abraaj’s $1 billion healthcare fund, has decided to redistribute the troubled private equity firm’s ... Financial Markets -
Abu Dhabi Financial Group offers revised bid for Abraaj’s Middle East funds
Abu Dhabi Financial Group (ADFG) has submitted a revised bid to acquire the management rights for the Middle East funds of stricken Dubai-based Abraaj ... Financial Markets -
UAE court sentences Abraaj CEO to three years in prison
A United Arab Emirates court sentenced the founder of private equity firm Abraaj, Arif Naqvi, and another executive to three years in prison for ... Economy -
Judgment in ‘bounced cheque’ case against Abraaj CEO postponed to Aug 28
A United Arab Emirates court postponed judgment until Tuesday in a case against the founder of private equity firm Abraaj, Arif Naqvi, and another ... Economy -
Dubai regulator probes Abraaj Capital, stops it from taking on new work
Dubai’s financial services regulator has stopped Abraaj Capital from taking on new business or moving money to Abraaj Investment Management ... Economy -
UAE court to issue judgment against Abraaj founder on Aug 26
A United Arab Emirates court will issue a judgment on August 26 against the founder of private equity firm Abraaj, Arif Naqvi, and another executive ... Economy -
Court dismisses criminal case against founder of UAE’s Abraaj
A United Arab Emirates court on Sunday dismissed a criminal case against the founder of private equity firm Abraaj, Arif Naqvi, and another executive ... Economy -
UAE: Court case over Abraaj founder’s Naqvi adjourned until July 15
A case involving the founder of private equity firm Abraaj, Arif Naqvi, and another executive for issuing a cheque without sufficient funds was ... Banking & Finance -
Lawyer: Dubai’s troubled Abraaj nears out-of-court settlement
A lawyer for the founder of embattled Dubai-based private equity group Abraaj said Thursday it is close to an out-of-court settlement in a case over ... Banking & Finance -
Abraaj Capital: The rise and fall of a Middle East star
While mega financial company scandals have taken the limelight in the past, with analysts wondering how bankers can be so gullible to extend ... Middle East -
Air Arabia has $336 mln overall exposure to Abraaj
Air Arabia has an overall exposure of $336 million to Dubai-based private equity firm Abraaj, which has filed for provisional liquidation, the airline ... Economy -
Abraaj gets $50 mln Abu Dhabi bid for investment management business
An Abu Dhabi Financial Group company has made a conditional $50 million offer to buy private equity firm Abraaj’s investment management business ... Economy -
Abraaj to face creditors in bid to safeguard its future
Abraaj Group announced that it will meet shareholders and lenders on Monday to discuss its restructuring. Chief Executive Officer and founder Arif ... Economy -
Deloitte undertakes review of Abraaj’s business, troubled fund
Abraaj has hired Deloitte to examine its business, including its troubled $1 billion healthcare fund, after investors questioned an earlier review by ... Economy -
Founder of Dubai private equity firm Abraaj hands over control of fund
Arif Naqvi, the founder of Dubai-based emerging markets private equity fund, Abraaj Group, has handed the running of the fund to two co-chief ... Banking & Finance -
Abraaj Group refutes media reports of investor row over health fund misuse
Dubai-based The Abraaj Group today issued a statement refuting recent media reports on the Abraaj Growth Markets Health Fund (AGHF) which they said ... Economy -
Abraaj to complete at least one Turkey acquisition in H1 2018
Dubai-based Abraaj Group will complete at least one acquisition in Turkey in the first half of next year, a senior executive said on Wednesday, as it ... Economy -
Arif Naqvi: NEOM the beginning of a total transformation in Saudi
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