Abraaj firms fined $315m for deceiving investors

DUBAI 31 July 2019: The Dubai Financial Services Authority (DFSA), yesterday imposed financial penalties of US$299.30 million (Dh1,098,431,000) and $15,275,925 (Dh56,062,645) on Abraaj Investment Management Limited (AIML), and Abraaj Capital Limited (ACLD), respectively. DFSA said […]