Abraaj creditors meet in Dubai and London, with ‘fire sale’ option on the table
By Frank Lane From Arab News Middle East’s largest private equity firm meets with creditors and investors in London and Dubai “Fire sale” of assets one of the options for Abraaj assets DUBAI: Investors and creditors of embattled private-equity firm…
Lighter regulations at DIFC attract three new funds
By John Everington From The National Dubai’s financial hub is set to attract at least three new funds by the end of the year as a new, lighter-touch policy starts to reap rewards. It will come as a boost to…
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…
