Ex-Leeds official accused of $6.45 million embezzlement
By Matt Smith and David French DUBAI (Reuters) - A former managing director of English Championship club Leeds United has been arrested in Dubai on charges of embezzling 23.7 million...
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Soaring compliance costs clip wings of Mideast, African banks
DUBAI (Reuters) - While it may be the most common given name in the world, the global banking system seemingly can't cope with Mohammed and its various different spellings. When...
Lawsuit threatens $10 billion Dubai Group debt deal
DUBAI (Reuters) - Three banks have begun legal proceedings against an investment vehicle owned by Dubai's ruler in an unprecedented move to secure repayment of loans in the Gulf state...
Lawsuit threatens $10 billion Dubai Group debt deal
DUBAI (Reuters) - Three banks have begun legal proceedings against an investment vehicle owned by Dubai's ruler in an unprecedented move to secure repayment of loans in the Gulf state...
RBS, others sue Dubai Group over $10 billion debt
DUBAI (Reuters) - Royal Bank of Scotland and two other banks have begun legal proceedings against an investment vehicle owned by Dubai's ruler, seeking immediate repayment after abandoning talks to...
Dubai Group restarts $10 billion debt talks: sources
DUBAI (Reuters) - Dubai Group, part of the investment vehicle headed by Dubai's ruler, has proposed a new solution to its $10 billion debt problem, sources said, reviving talks that...