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              Abraaj

              Abraaj Group was the Middle East's largest private equity company before it collapsed in 2018. Its founder was Arif Naqvi

              Shuaa Capital increased assets under management to $14bn by the end of 2019. Jaime Puebla / The National

              Shuaa swings to Q1 loss on Abraaj exposure

              BankingMay 16, 2019
              Arif Naqvi, founder of the Abraaj Group, faces charges of financial wrongdoing related to his company. Reuters

              UK charity linked to Arif Naqvi faces winding up after Abraaj collapse

              EuropeMay 11, 2019
              Arif Naqvi out on bail in the UK is awaiting extradition to the US. Bloomberg
              Camera16

              Exclusive interview: Ex-Abraaj CEO Arif Naqvi breaks his silence

              MarketsMay 10, 2019
              Turkey's central bank has taken additional liquidity steps to bolster the lira. Reuters

              Turkish state banks sell dollars to support falling lira

              MoneyMay 10, 2019
              Air Arabia reported a loss in 2018 after impairments related to its exposure to Abraaj. Antonie Robertson / The National

              Abraaj is version two of Lehman Brothers, says Air Arabia chief

              AviationApril 30, 2019
              Mustafa Abdel-Wadood, the former managing partner of the Abraaj Group, appeared before a New York court on Tuesday. The Abraaj Group

              Abraaj executive faces US trial in November

              BusinessApril 24, 2019
              Dr Shamsheer Vayali, vice chairman and managing director of Amanat Holdings and founder of VPS Healthcare. (Photo: Reem Mohammed/ The National)

              Amanat vice chairman's prescription for a future of healthy growth

              BusinessJanuary 29, 2019
              Abraaj founder Arif Naqvi faces lawsuit from Sharjah-based low cost carrier Air Arabia.

              Abraaj founder's lawyer to 'vigorously' defend Naqvi in Air Arabia lawsuit

              AviationJanuary 20, 2019
              “We believe these [Africa and Turkey] markets are under-served so there is a great opportunity to play an active role in financing emerging companies that are coming out of there,” said Mr Ghandour, a partner at Wamda Capital. Reem Mohammed / The National

              Exclusive: Wamda Capital to launch second $70m VC fund

              EconomyDecember 26, 2018
              "A good part of our investment program will be financed with banks but we consider the possibility of a bond for next year," Mr Sultan said.Reuters

              Exclusive: Agility mulls $1bn bond in 2019 and is confident in Abraaj bid

              MarketsDecember 12, 2018
              Last month, Agility said it will invest $100 million in a digital logistics platform that allows small businesses and entrepreneurs to manage their freight and deliveries online. AFP

              Kuwait's Agility third-quarter profit up 12.3 per cent

              MarketsNovember 11, 2018
              Arif Naqvi, founder and CEO of Abraaj Group, denies allegations of misuse of investor funds. REUTERS

              Abraaj founder denies improper transfer of investor money

              BankingOctober 18, 2018
              Visitors from across the region attended the Gitex 2018 in Dubai. We discuss the economic outlook for the region in this week's Business Extra podcast. AFP
              Headphones

              Business Extra: What is driving the outlook for the UAE?

              EconomyOctober 18, 2018
              Abraaj occupies two office floors in a building within the DIFC's Gate Village. Jeff Topping / The National

              Abraaj asked to vacate a DIFC office by end of the month

              BankingSeptember 26, 2018
              Emirates NBD posted a 30 per cent increase in net profit attributable to equity holders for Q2 2018, and Dubai Islamic Bank reported a 14 per cent increase in net profit, according to bourse filings. Pawan Singh / The National

              Emirates NBD, DIB report higher-than-forecast Q2 net profit

              BankingJuly 18, 2018
              Tom Barrack is the chief executive of Colony Capital. The firm may have to rethink its Abraaj strategy. AFP

              Colony Capital said to hit headwinds over deal for Abraaj funds

              EconomyJuly 05, 2018
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