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Dubai fund Abraaj set to slash nearly 15pc jobsAbraaj Group, the Middle East’s largest buyout fund, is cutting about 15 per cent of its total workforce as it seeks to trim costs, placate investors and curb the tumult that followed allegations of misused funds, said a report, citing p More… |
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Dubai fund DIC eyes key asset sales in 18 monthsDubai International Capital (DIC) should complete the sale of the two main assets remaining in its portfolio within 18 months, which will provide it with cash to cover its outstanding debt well ahead of scheduled repayment in two years. More… |
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Dubai fund eyes Risanamento Milan sitesItalian real estate company Risanamento will discuss the sale of two building development sites in Milan with Dubai's Limitless, part of Dubai government investment firm Dubai World. Risanamento said in May it had had strong interest from More… |
