UAE regulator examines Abraaj investor impact | Reuters:
"United Arab Emirates’ top securities regulator is working with the Dubai Financial Services Authority (DFSA) to ascertain whether local investors have been affected by the financial woes of private equity firm Abraaj, the watchdog said on Sunday.
These are the first public comments by a regulator in the UAE about possible scrutiny of Abraaj as concerns grow on the financial state of the firm, the funds of which have also attracted money from UAE institutions and family offices.
“We are coordinating with DFSA to see where national investors are affected,” Obaid al Zaabi, chief executive of the UAE’s Securities & Commodities Authority, told reporters."
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