Top short-term challenges and opportunities for GCC asset managers
Moody's expects the sector's relatively low geographic and product diversification and regional geopolitical tensions to add further pressure
ZAWYA - 07-Sep-2020
The Abraaj Group (under liquidation)
Also known as: Abraaj Last updated on: 04 October 2019
fast facts
Business SummaryProvides private equity investments; asset management services including fund management.Country of IncorporationUAEOwnership TypePrivateEstablished In2002Primary SectorFinancial ServicesNumber of Employees-Latest News
wealth
Gulf asset managers to face pressure amid twin shock - Moody's
Current weak oil prices will hold back economic growth
Reuters News - 07-Sep-2020Abraaj founder fights U.S. extradition request over fraud charges
Dubai-based Abraaj was the largest buyout fund in the Middle East and North Africa until it collapsed in 2018
Reuters News - 23-Jun-2020Foreign firms eye minority stake in Turkish drug maker Sanovel -sources
It operates in Georgia, Azerbaijan, Russia, Iraq and other countries in the region
Reuters News - 19-Nov-2019Dubai financial regulator slaps record $315mln fine on Abraaj group companies
The regulator said that it has taken the action to penalise ACLD and AIML so as to deter others and protect investors.
ZAWYA - 30-Jul-2019Contact details
Primary address
UAEDubai
Region
DubaiFind Out More Information
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