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Abraaj’s Abdel-Wadood pleads guilty in US court

Mustafa Abdel-Wadood admitted to racketeering and fraud, and has agreed to co-operate with the US probe on the fallen emerging markets firm.
Picture by James Clarke. www.jamesclarke.me, james@jamesclarke.me, 07941 676821.

Naqvi lawyer: US ‘political interests’ behind Abraaj charges

Barrister Hugo Keith QC says the US government's case is politically motivated due to the threat Abraaj Group and Arif Naqvi represent to US interests.

Updated indictment sheds new light on Abraaj case

The document paints a picture of deceit, bribery and personal enrichment at the collapsed emerging markets firm.

Gulf markets need long-term debt instruments

The region needs a long-term instrument to refinance mini-perms. But, as Victoria Mesquita Wlazlo of Morgan, Lewis & Bockius argues, its capital markets must deepen if project bonds are to be effective.

DP World, NIIF JV acquires logistics operator in India

The acquisition of KRIL expands the Dubai-based port operator’s logistics footprint and the joint venture’s portfolio.

Israel Infrastructure Partners eyes July close for $350m debut fund

Firm has so far raised around $250m from European LPs as it seeks to generate returns of about 12%.

A courtroom drama that will turn up the due diligence heat

As the Abraaj case plays out in the criminal courts, the impact on private equity investors and the GP-LP relationship will become palpable.

II Awards 2018: Global winners

I Squared, AMP Capital, Brookfield and OTPP are among the winners in our global category.

II Awards 2018: Europe, Middle East and Africa winners

Antin Infrastructure Partners, Meridiam and InfraVia were among those picking up the prizes in EMEA.

KKR, BlackRock debut in Middle East with $4bn Abu Dhabi pipeline deal

The Abu Dhabi National Oil Company believes the deal ‘is laying the groundwork’ for further infrastructure investment by institutional investors.
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