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Abraaj offloads entire Orascom stake for $52m
03 Apr 2025 03:22 GMT
… working with DFSA on Abraaj impact on investors
Deloitte … releases review of Abraaj $1bn fund
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On … , Reuters reported that Abraaj has started legal proceedings … New York-based Cerberus Capital Management.
Abraaj declined to comment. …
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Bahrain's Ithmaar Holding discloses exposure to embattled Abraaj Group
29 Jan 2025 01:06 GMT
… million (Dh55.2m) through Abraaj Capital Co-Investors, a 5 … the Infrastructure and Growth Capital Fund (IGCF), and … Authority to investigate Abraaj mismanagement claims
Abraaj founder Naqvi to … ruling over bounced cheque
Abraaj restructuring request approved …
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Kenya’s Java House acquired by Alterra Capital, Phatisa Group
29 Jan 2025 06:57 GMT
… Private equity firms Alterra Capital and Phatisa Group have … Seychelles, and Zambia.
Alterra Capital, founded in 2022, holds interests … In 2017, Dubai-based Abraaj Group acquired Java House for … $100 million, and following Abraaj’s liquidation, UK-based …
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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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We’ll … email rounding up the latest Abraaj Capital Ltd news every morning.
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 …