Abraaj Group
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Dubai court rules in favour of Abraaj Group
Firm breached international auditing standards by approving the financial statements, says Financial Times report
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UK court allows Abraaj founder Arif Naqvi’s extradition to US
US prosecutors allege Naqvi is architect of a plot to defraud investors including Bill and Melinda Gates Foundation
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PTI minister accuses PPP of ‘favouring K-Electric with millions of rupees’
PPP's Naveed Qamar says Arif Naqvi had confessed to funding PTI's election campaigns
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Arif Naqvi stole $385m from Abraaj, liquidators say
Naqvi is one of six former Abraaj executives who face charges stemming from private equity firm’s 2018 collapse
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PTI govt strikes off five properties worth Rs6.7b from privatisation plan
PTI govt gives 3 of them to Naya Pakistan Housing Authority for building low-cost units
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Shanghai Electric interested in expanding investment in Pakistan
Vice chief economist says investment in K-Electric is just the beginning
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Founder of troubled Abraaj risks jail term
Arif Naqvi faces possible 3-year imprisonment over three bounced cheques worth a combined $300 million
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Abraaj Group files application for court-supervised restructuring
Move comes as company looks to satisfy creditors
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Due to delay in K-Electric deal, Abraaj Group now faces liquidation case
A Kuwaiti pension fund has filed case against the equity firm in Cayman Islands
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K-Electric stake sale: Delay in approval will hurt investor confidence says Abraaj founder
Says finalisation of a ‘right tariff’ is the most important factor for the proposed deal