Monday 12 November 2018
 
»
Tag
 
»
Abraaj

Naqvi cheque bounce case adjourned to Aug 28

A court in Sharjah, UAE, has adjourned the hearing of a cheque bounce case against Arif Naqvi, founder of the private equity firm Abraaj, to tomorrow (August 28), reports said.   This is second such case against

More…

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

More…

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

More…

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

More…

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

More…

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

More…

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

More…

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

More…

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

More…

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

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads