A court on Monday issued a warrant for the arrest of tycoon and lawmaker Vijay Mallya, who has left the country with creditors stepping up pressure to recover about $1.4 billion owed by his defunct Kingfisher Airlines.
The wife of Russian tycoon Dmitry Rybolovlev has won a $4.5 billion divorce settlement in a Geneva court, in what could become the biggest divorce settlement in history.
After a six-year divorce battle, Elena Rybolovleva won 4.0 billion
An Egyptian criminal court sentenced steel tycoon Ahmed Ezz to 37 years in prison on Wednesday for profiteering and squandering public funds and fined him 6 billion Egyptian pounds ($890 million), state news agency Mena and a j
Businessman Asil Nadir was jailed for 10 years on Thursday for stealing millions from his British business empire to fund a luxury lifestyle, ending a 22-year fight to convict a man once seen as a darling of the UK corporate wo
Syrian tycoon Rami Makhlouf, a cousin of President Bashar al-Assad and focus of anti-corruption protests, is quitting business, state media said.
The announcement came as army units circled two restive towns in the north of the country.&nb
Antoine Choueiri, a prominent Lebanese businessman and media tycoon, died aged 69 on Tuesday after a prolonged illness.
He founded The Choueiri Group and the group now operates in 11 markets and consists of 14 subsidiaries that manage