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Dubai gets tough on fraud

Dubai gets tough on fraud

Those found guilty of corruption now face heavier prison sentences. But Kipp readers are divided over whether enough is being done to tackle financial crime.

April 6, 2010 1:43
 
Corruption cases that rocked Dubai

Corruption cases that rocked Dubai

A string of arrests and unprecedented action by financial regulators shows that the emirate is clamping down on fraud. We take a look at six cases that shook Dubai Inc.

March 25, 2010 4:29
 

Former Dubai Islamic Bank boss sentenced to three years in prison

SA, also formerly a board member with the developer Deyaar, is fined more than $27.2 million.

March 15, 2010 11:45
 

Goldman Sachs ups ratings on two Abu Dhabi banks

Goldman Sachs boosted ratings of two banks based in the UAE capital…

December 19, 2009 10:34
 

DIB’s Q3 profits fall 31 percent

Dubai Islamic Bank (DIB)'s third-quarter…

October 24, 2009 12:01
 

DFM records highest gains in six weeks

The Dubai Financial Market (DFM) General Index rose by 5.23 percent to 1,843.45 on Sunday after...

July 26, 2009 1:16
 

DIB profits decline 40pc

Dubai Islamic Bank (DIB) reported a 40 percent drop in its second quarter net profit compared with...

July 25, 2009 8:15
 
Deyaar in hot water

Deyaar in hot water

Former Deyaar employees have been accused of orchestrating a web of fraud and bribery by a team of prosecutors appointed by Sheikh Mohammed. This is getting serious.

June 22, 2009 9:46
 
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