Sunday 19 August 2018
 
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Abraaj

Abraaj founder faces fresh criminal case over $300m loan

Arif Naqvi, the founder of Dubai investment group Abraaj, has been hit with another criminal case in the UAE for allegedly issuing a $217-million cheque with insufficient funds, as the private equity group struggles to effect a court-driven rest

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Abraaj founder faces fresh criminal case over $300m loan

Arif Naqvi, the founder of Dubai investment group Abraaj, has been hit with another criminal case in the UAE for allegedly issuing a $217-million cheque with insufficient funds, as the private equity group struggles to effect a court-driven rest

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Six firms in race to run Abraaj's health fund: report

At least six firms including Colony Capital, TPG and Cerberus Capital Management are vying to run troubled Abraaj Group’s $1 billion healthcare fund, a

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Abraaj agrees to sell 4 major market funds to US group

Abraaj Holdings along with its unit Abraaj Investment Management Limited (AIML) has reached an agreement with Colony Capital, a leading global real estate and investment management firm, on the sale of four of its leading emerging markets funds

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Abraaj agrees to sell 4 major market funds to US group

Abraaj Holdings along with its unit Abraaj Investment Management Limited (AIML) has reached an agreement with Colony Capital, a leading global real estate and investment management firm, on the sale of four of its leading emerging markets funds

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Crisis-hit Abraaj sells Orascom Construction stake for $52m

Dubai-based Abraaj Group has sold its entire stake in Egypt’s Orascom Construction for $52 million as the private equity firm seeks to restructure amid allegations of misused funds, reported Bloomberg. Abraaj has been und

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Air Arabia shares hit on exposure to Abraaj funds

Sharjah-based lowcost carrier Air Arabia swung between gains and losses after the airline disclosed exposure to funds managed by Abraaj Group, the Dubai-based private equity firm that’s battling creditors, said a report. The

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Dubai fund Abraaj set to slash nearly 15pc jobs

Abraaj Group, the Middle East’s largest buyout fund, is cutting about 15 per cent of its total workforce as it seeks to trim costs, placate investors and curb the tumult that followed allegations of misused funds, said a report, citing p

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Abraaj in major revamp, names new leadership team

UAE-based Abraaj, a leading investor operating in emerging growth markets, has announced broad changes to the firm’s governance and operating model and also the appointment of a new leadership team.   Core to the re-orga

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Abraaj says unused capital in AGHF returned to investors

Dubai-based buyout firm Abraaj Group said unused capital from its health fund was returned to investors, dismissing media reports that said money had disappeared as “inaccurate and misleading.” The company said Abraaj

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