Abraaj Group
More News
- 
                                                            Dubai court rules in favour of Abraaj GroupFirm breached international auditing standards by approving the financial statements, says Financial Times report 
- 
                                                            UK court allows Abraaj founder Arif Naqvi’s extradition to USUS prosecutors allege Naqvi is architect of a plot to defraud investors including Bill and Melinda Gates Foundation 
- 
                                                            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 
- 
                                                            Arif Naqvi stole $385m from Abraaj, liquidators sayNaqvi is one of six former Abraaj executives who face charges stemming from private equity firm’s 2018 collapse 
- 
                                                            PTI govt strikes off five properties worth Rs6.7b from privatisation planPTI govt gives 3 of them to Naya Pakistan Housing Authority for building low-cost units 
- 
                                                            Shanghai Electric interested in expanding investment in PakistanVice chief economist says investment in K-Electric is just the beginning 
- 
                                                            Founder of troubled Abraaj risks jail termArif Naqvi faces possible 3-year imprisonment over three bounced cheques worth a combined $300 million 
- 
                                                            Abraaj Group files application for court-supervised restructuringMove comes as company looks to satisfy creditors 
- 
                                                            Due to delay in K-Electric deal, Abraaj Group now faces liquidation caseA Kuwaiti pension fund has filed case against the equity firm in Cayman Islands 
- 
                                                            K-Electric stake sale: Delay in approval will hurt investor confidence says Abraaj founderSays finalisation of a ‘right tariff’ is the most important factor for the proposed deal 
- 
                                                            Abraaj founder, Arif Naqvi, hands over control of fundReigns passed to co-chief executives; investment activity paused temporarily 
- 
                                                            Dubai’s Abraaj Group invests in Cinepax cinemasThe cinema operator, which launched its first multiplex in 2007, has 29 screens in 12 locations across the country 
- 
                                                            K-Electric stake sale: Abraaj Group to get only half of receiptsHas 50% stake in holding company of power utility. 
- 
                                                            Abraaj Group unable to conclude deal on K-ElectricHindrance caused by non-settlement of financial dispute between govt, seller 
- 
                                                            Shanghai Electric unveils $9b investment plan for K-ElectricPlan designed to further develop transmission, distribution and generation systems 
- 
                                                            China's Shanghai Electric to buy $1.77bn stake in K-ElectricAbraaj Group says it has entered into an agreement with Shanghai Electric to divest its 66.4 pc stake in K-Electric 
- 
                                                            The Abraaj Group considering divesting stake in K-ElectricCompany’s share price increased 2.4% Monday following the notice to PSX 
 
    


















