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Gymkhana’s owner raises funds to buy out investor with Abraaj ties
01 Dec 2023 18:59 GMT
… from diners and critics.
Abraaj was founded by Naqvi’s … that he transferred money from Abraaj accounts to friends and family … round, with help from Tamweel Capital, a London-based boutique advisory … connection between JKS and the Abraaj Group” and added that …
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MSX listings boost confidence in capital market
28 Oct 2023 18:17 GMT
… Salmi, Executive President of the Capital Market Authority (CMA), confirmed that … cent of the shares of Abraaj Company and OQ Gas Networks … activating the role of the capital market as an effective … activate the role of the capital market and the institutions …
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Dubai to hear long delayed $600mn Abraaj case against KPMG Lower Gulf
10 Sep 2023 14:28 GMT
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The … any claim related to the Abraaj matter,” KPMG said. “Responsibility … misled the auditors and investors.”
Abraaj founder Arif Naqvi, who …
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Laleh Khalili: Woke Capital
30 Aug 2023 18:21 GMT
… new nemesis: ‘woke capital’.
Woke capital includes all manner of … Roberts), Carlyle and Blackstone.
Abraaj was soon a major … benefit from impact investment because Abraaj was taken down’.
The … s ‘great philanthropists’.
When Abraaj pulled out of the Palestine …
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Dubai court orders KPMG to pay $231m over Abraaj fund audit: report
15 Apr 2023 21:42 GMT
… by collapsed private equity firm Abraaj Group, the FT reported, citing … million for its auditing of Abraaj Capital Ltd., a unit of the …
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From extravagance to extradition: BBC documentary chronicles fall from grace of Abraaj founder
13 Jan 2023 05:14 GMT
… : For those familiar with Abraaj and the spectacular rise and … have earlier spoken about the Abraaj scandal publicly, such as journalists … Fund — a key investor for Abraaj’s impact investing fund — … he picked up on investor capital being moved from one bank …
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Dubai regulator upholds $135m fine for Abraaj founder Arif Naqvi for “serious failings” at collapsed firm
05 Jan 2023 10:51 GMT
… failing to invest the capital in the construction of … to fund the Abraaj Group’s working capital or other commitments … and prioritised the distribution of Abraaj … $400m shortfall across two Abraaj funds by temporarily borrowing …
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The Financial Markets Tribunal upheld the DFSA’s actions against Abraaj’s founder, Mr Arif Naqvi, including a USD 135 million fine
03 Jan 2023 06:35 GMT
… to fund the Abraaj Group’s working capital or other … commitments;
• prioritised the distribution of Abraaj … million shortfall across two Abraaj funds by temporarily borrowing … the change of an Abraaj fund’s financial year …
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Former Abraaj COO reaches settlement with Dubai’s DFSA
26 Oct 2022 14:11 GMT
… also an authorised individual as Abraaj Capital Limited’s (ACLD) licensed director … involved in certain Abraaj Investment Management Limited (AIML) and Abraaj Capital Limited (ACLD … contraventions of not maintaining its Capital Requirements, as over a five …
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Dubai regulator fines former Abraaj COO $1.15 million for 'involvement in misconduct'
26 Oct 2022 15:54 GMT
… of collapsed private equity firm Abraaj Group, $1.15 … on Wednesday.
Dubai-based Abraaj was the largest buyout … in certain Abraaj Investment Management Limited (AIML) and Abraaj Capital Limited (ACLD … monies within funds managed by Abraaj, including by being a …