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Dubai regulators to review governance after Abraaj collapse

Abraaj filed for provisional liquidation in June after some investors accused the firm of misusing their money

The fall of emerging markets private equity firm Abraaj Group has prompted Dubai’s financial regulator to review its approach to corporate governance, its chief executive said.

Abraaj, which managed close to $14bn at its peak, filed for provisional liquidation in June following revelations the firm carried around $1bn of debt.

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