Travelex owner Finablr on Thursday said that it might as much as US$1.3 billion in debt in a statement posted to London Stock Exchange (LSE) The...
Indian businessman and billionaire BR Shetty has sent out a strongly-worded message in which he has said that he intends to clear his name of allegations...
NMC Health has requested the London Stock Exchange to delist its shares, eight years to the month after it listed there. The embattled UAE-based healthcare operator,...
Abu Dhabi Commercial Bank (ADCB) has begun criminal proceedings against NMC Health officials for their alleged involvement in the financial irregularities. ADCB, which has the highest...
The UK-court appointed administrators of NMC Health announced the formation of a new board of directors who have been tasked with the implementation of corporate governance...
Ernst & Young (EY) has resigned as auditor of Finablr, citing concerns over corporate governance and the makeup of the board. EY announced its decision in...
In the latest to the Finablr fiasco, the Central Bank of UAE (CBUAE) will be taking over the operations of UAE Exchange, which was founded by...
MIC Capital Partners – owned and managed by Mubadala Capital, a unit of Mubadala Investment Co – has acquired a 3.4 per cent stake in London-listed...
The UAE Exchange has temporarily suspended any new transactions at all of its branches and its online platforms. According to an e-mail statement, the temporary suspension...
