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Abdullah brothers

A family affair

A family affair

A far greater proportion of companies in the region are family owned than the global average. But even successful family owned companies rarely make it past the third generation.

July 4, 2010 11:53
A land of opportunity… for scammers, too

A land of opportunity… for scammers, too

High profile cases are mounting in the UAE as bribery, abuse of power, and financial impropriety tear through companies. These crimes harm both shareholders and investor confidence.

June 1, 2010 10:36

Damas Jewelers sued for AED 114 million

Beleaguered Damas sued in civil court in connection with a joint venture project.

May 13, 2010 8:15

Abdullah brothers fail to meet first repayment deadline to Damas

First installment past due in the schedule to repay $165 mn over 18 months, with $55 million due last week.

May 10, 2010 9:21