Harneys announced five new partners and two new directors in the Cayman Islands, Cyprus and Hong Kong offices. The new partners are Jonathan Bernstein, Christopher Hall, Bronwyn King, Marc Parrott and Theodoros Zafiropoulos. Mr. Bernstein in the Cayman …
By Simeon Kerr From Financial Times Private equity group lacked governance but did not embezzle funds, Deloitte finds Abraaj dipped into investor funds because of cash shortages at the group, but there is no evidence of embezzlement, a forensic review of …
Updated Aug. 2, 2018 8:27 a.m. ET DUBAI—Investors are questioning whether Dubai’s young financial center can police itself as the meltdown of its marquee private-equity firm highlights broader concerns about placing money in the region. This emirate’s top …
Declan Magennis, a director at major international accounting firm BDO’s corporate recovery and insolvency subsidiary, BDO CRI (Cayman) Ltd., has been voted ‘Accountant of the Year’ by members of the Recovery and Insolvency Specialists’ Association, …
Fiduciary and administration services provider Estera has raised more than $10,000 to donate to colleagues in its British Virgin Islands office following the devastation of hurricanes Maria and Irma. Employees from Estera’s global offices organized …
Dubai: Two Dubai banks, Commercial Bank of Dubai (CBD) and Mashreq, on Thursday revealed a combined Dh675 million worth of exposure to Abraaj, bringing the total to Dh2.1 billion of exposure of the UAE listed companies to the embattled private equity firm …
From Antigua Observer Prime Minister Gaston Browne has signed the Agreement for Encouragement and Protection of Investment with the Director General of OPEC Fund for International Development (OFID), Suleiman Jasir Al-Herbish. According to the prime …
(CNS Business): A new feature on CNS Business, People On The Move, highlights new hires and promotions in the Cayman Islands. This week, two up-and-coming lawyers are promoted, while a corporate governance firm adds to its senior management. And a law …
UAE bank’s disclosure pertains to three-year secured facility maturing in April 2019Arif Naqvi, Founder of Abraaj Group attends the World Economic Forum (WEF) in Davos, Switzerland last year. Dubai: First Abu Dhabi Bank (FAB) on Tuesday said it gave …
Offshore law firm Collas Crill has once again demonstrated its commitment to supporting local Cayman Islands students with their career development goals through its summer internship programme. For the second year the firm has offered two students …
Cayman FinTech expert and Maples and Calder lawyer Abraham Thoppil, and IT, corporate governance and commercial transactions lawyer Duncan C. Card of Bennett Jones in Bermuda will be among the speakers at the cybersecurity Armour Expo 2017 on Sept. 28 at …
September 14, 2017 03:00 AM Eastern Daylight Time GEORGE TOWN, Grand Cayman–(BUSINESS WIRE)–Cayman-based alternative fund governance specialists Danesmead Partners have appointed ex Goldman Sachs Executive Director Emma Stevens as a principal of the firm …
DUBAI: Abraaj, the Middle East’s biggest private equity firm, has filed a petition in the Cayman Islands, asking the court to appoint PwC as provisional liquidators for the embattled company. “The appointment of provisional liquidators imposes a …
Amsterdam – 4 May 2017 – Intertrust N.V. (“Intertrust” or the “Company”) [ticker symbol INTER], a leading global provider of high-value trust, corporate and fund services, today announces its results for the first quarter of 2017. Intertrust financial and …
The Cayman Islands Grand Court has delivered its ruling in Re Shanda Games Limited(FSD 14 of 2016, 25 April 2017, Segal J). This is only the second merger fair value appraisal ruling in the Cayman Islands, and in both cases Maples and Calder has …
Abraaj applies for provisional liquidation to get control of its restructuring ISLAMABAD: The beleaguered Abraaj Group has filed an application for provisional liquidation in the Grand Court of Cayman Islands and Kuwait’s Social Security Fund on May 22 …
The Company is seeking to hold former directors of the Company accountable for their actions, and to ensure that high standards of corporate governance are maintained going forward. Litigation proceedings (the “Claim“) have been commenced against three …
Dubai: The past four months have seen a steady trickle of news that has broken in to a full flood of revelations in recent weeks, concerning Abraaj Group’s funds, and allegations of poor corporate governance. Last Thursday, the former golden child of the …
Air Arabia swung between gains and losses after the airline disclosed exposure to funds managed by Abraaj Group, the Dubai-based private equity firm that’s battling creditors. The shares fell as much as 3.8 percent in Dubai before rising 2.9 percent. …
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Veteran healthcare leader Ray Montgomery joins The SafeCare Group board LEXINGTON, KENTUCKY, USA, August 14, 2018 /EINPresswire.com/ -- The SafeCare Group® today announced the appointment of veteran healthcare leader and retired Unity Health …
The most scientific and comprehensive survey of mobile network performance, conducted by RootMetrics, by IHS Markit LONDON, LONDON, UNITED KINGDOM, August 14, 2018 /EINPresswire.com/ -- EE consolidates dominance in UK mobile performance, …
Cyber security expert to lead drive for Tosibox remote connection technology to become the norm for secure global IoT infrastructures in network management OULU, FINLAND, August 14, 2018 /EINPresswire.com/ -- IoT infrastructure security firm …
CRU Events (www.CRUgroup.com) and The African Fertilizer and Agribusiness Partnership (AFAP) are working with partners across Africa to offer brownfield projects seeking capital investment, the chance to make a showcase presentation to an audience of …
Written for senior executives, this new book delivers strategic context for changing buyer behaviors and B2B revenue growth in a digital world BOSTON, MA, UNITED STATES, August 13, 2018 /EINPresswire.com/ -- Business is strong for many …
As part of their shared mission to boost financial inclusion throughout Nigeria, Oradian (https://Oradian.com/) and the Association of Non Bank Microfinance Institution of Nigeria (ANMFIN) (www.ANMFINigeria.org/) have launched a strategic …
VANCOUVER, British Columbia, Aug. 14, 2018 (GLOBE NEWSWIRE) -- The average Canadian family spent 43 per cent of its income on taxes in 2017, more than housing, food and clothing costs combined, finds a new study released today by the Fraser Institute, an …
Chris Corrales CNC Factory Owner Addresses Cabinet Makers Association before IWF Atlanta about 3rd Generation Tech and Made in USA Benefits - IWF Bldg C #2722 ATLANTA, GEORGIA, UNITED STATES, August 13, 2018 /EINPresswire.com/ -- Chris Corrales …
Innovation Leaders Voted by IT Professionals for Flash Storage Related Products SANTA CLARA, CA, UNITED STATES, August 13, 2018 /EINPresswire.com/ -- IT Brand Pulse, a trusted source for research, data and analysis about data center …
National Car Rental ‘ding and dent’ scam victim asks IBM corporation to develop powerful solution to protect public from routine and easy-to-perpetuate scams ARMONK, NEW YORK, UNITED STATES OF AMERICA, August 13, 2018 /EINPresswire.com/ -- …
Download logo The Portfolio Committee on Basic Education will over the next week visit North West Province to among other things assess the state of readiness of the department to deliver the upcoming National Senior Certificate. The visit forms part of …
Download logo The National Assembly is returning from its constituency programme on 14 August, with a number of committees scheduled to meet on a wide range of business. The National Council of Provinces, which returned from constituency work at the end …
IntelliBoard expands team to support IntelliCart enrollment and payment plugin for the Moodle LMS MONROE, CT, USA, August 13, 2018 /EINPresswire.com/ -- IntelliBoard, the premier reporting and analytics plugin and Premium Integrator for the …
HOUSTON, TEXAS, UNITED STATES , August 13, 2018 /EINPresswire.com/ -- On July 27th, the Hyperlinks Media team exited the doors of their Katy office location for the last time. “The office served us well for many years, but we had outgrown it and …
Download logo The Minister for Public Service and Administration, Ms. Ayanda Dlodlo has today, Friday, 10 August 2018, noted with concern, reports from the Mail and Guardian newspaper and other media houses who latched on to this story, that government …
Co-founder EXMO Ivan Petukhovsky and Founder of Bitcoin Gold Martin Kuvandzhiev have signed the agreement on the 11th of August at Geek Picnic in Moscow. MOSCOW, RUSSIAN FEDERATION, RUSSIAN FEDERATION, August 13, 2018 /EINPresswire.com/ -- …
Upcoming deadline in 2 weeks for Essay Competition based on Deron Castro Memorial Scholarship, announced by his colleague Patrick Megaro Halscott Megaro PA (N/A:N/A) ORLANDO, FLORIDA, UNITED STATES, August 13, 2018 /EINPresswire.com/ …
CHICAGO, IL, UNITED STATES, August 13, 2018 /EINPresswire.com/ -- Coworking company Level Office has announced its rebranding as Novel Coworking, a name that more accurately represents the company’s goal of partnering with clients to provide the …
Download logo Joint Communique on The Occasion of the Working Visit of The South African President to The Democratic Republic of Congo: 1. His Excellency Joseph KABILA KABANGE, President of the Democratic Republic of Congo, received His Excellency Cyril …
Barclays, JP Morgan, Lloyds Banking Group, Morgan Stanley, Northern Trust and RBS are amongst the organisations who’ll gather at AIFS EU 2018, London Nov 28th LONDON, UK, August 13, 2018 /EINPresswire.com/ -- At the AFME support AIFS EU 2018, …
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