Fund accused the bank of manipulating the copper market and causing it to lose money.
The official told Reuters that a former managing partner of Dubai-based Abraaj, Sev Vettivetpillai, had also been arrested
There will be a new issue for which preparations have begun with local and international banks
China's massive lending on Belt and Road projects is facing criticism of "debt trap"
The bank will start its operations soon
Trio combine to create a joint venture with initial paid-in capital of $8.7 mln
The bank’s stock price ends Thursday’s trading session at UAE4dirhams per share
Banks rejected the debt-laden carrier's request for emergency funding
Higher non-interest income and lower than expected opex and provisioning boosted the bank's first quarter earnings
Data compiled exclusively for Reuters by analytics firm Coalition show the 12 biggest investment banks made $8.4 billion in revenues from emerging-market forex last year
How blue financing can support the fight against climate change
Attempting to meet obligations set by regulators with manual processes makes an organisation prone to human error