DUBAI / Reuters Private equity firm Abraaj Group is considering selling part of its investment management business as it seeks to stem the fallout from a dispute with investors in one of its funds, sources said. Dubai-based Abraaj is in early stage talks with several possible buyers, the sources said, with one source saying Abu Dhabi Financial Group was among ...

Abu Dhabi / WAM The total assets of UAE Central Bank rose to AED398.6 billion in twelve months until February 2018, up by more than AED33.78 billion. The assets were AED 364.82 billion in the same period of 2017, according to the Central Bank Bulletin. The Central Bank’s balance sheet went up by AED 7 billion in February, from a ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Moon Jae-in of South Korea visited the Barakah Nuclear Energy Plant in Al Dhafra Region to celebrate the successful completion of Unit 1 construction. During the ceremony, both leaders highlighted the importance ...