Dubai regulator probes Abraaj Capital as investigation continues
By: Christopher Copper-Ind From International Investment Dubai regulator probes Abraaj Capital as investigation continues Dubai’s financial services regulator has moved to bar Abraaj Capital from taking on new business or moving money to Abraaj Investment Management (AIML), its related entity,…
MIDEAST-MONEY-Dubai considers rule change to lure more domiciled funds
* Financial regulator proposes new fund class * Aims to attract private equity and hedge funds * Less stringent regulation, higher minimum investment * Cost and ‘human infrastructure’ issues persist By Andrew Torchia DUBAI, March 16 (Reuters) – Dubai is…