Dubai's financial regulator probes Abraaj over alleged mismanagement

Dubai's financial regulator probes Abraaj over alleged mismanagement

Photographer: Christopher Pike/Bloomberg

Dubai’s financial regulator is investigating allegations of mismanagement at private equity firm Abraaj, which is on the verge of financial collapse after a scandal over its use of investor money, two sources familiar with the matter said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter