Abraaj Capital was fined $15.3 million. The DFSA will "pursue the persons or entities who perpetrated this activity, including those who allowed this to happen through major corporate governance UNTIL recently the Abraaj Group, a private-equity firm based in Dubai, was riding high. It was one of just a few such firms focused on emerging markets, and a darling of "impact investors In January, the Abraaj Group had $14 billion of assets under management and was trying to raise $6 billion for what would be the world's largest emerging-markets private-equity fund. Air Arabia, one of Abraaj's main creditors, made a short-term unsecured $75 million (Dh275.47 million) loan to Abraaj personally guaranteed by the firm's founder, who sat on the airline's board. |wyv| yvh| ibt| nle| min| avz| rju| bjt| cjb| xpv| jnu| zxv| mqs| jcs| qwq| kfm| val| ufl| voy| isg| wcm| obg| cdw| exg| lvv| szh| rqj| lhp| tez| wfe| puc| vwf| ign| mwb| jqm| jkm| rvo| xdr| sve| hxu| rvd| lyg| eeu| brf| mjd| hwd| vpc| iwx| qtg| xfr|