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DUBAI:The founder of embattled Dubai-based group Abraaj, the region's largest private equity firm, faces a possible three-year jail te
chunky dunk rm over bounced cheques for millions of dollars, lawyers said on Thursday.A court in the UAE city of Sharjah will issue its ruling on July 5, in the case against Arif Naqvi, who did not attend a hearing held Thursday as he was outside the country, said his lawyer Habib al-Mulla.The UAE public prosecutor has issued a warrant for Naqvi's arrest.Essam al-Tamimi, a lawyer for the plaintiffs, said the prosecution was seeking a jail term of
adidas samba green three years for Naqvi for dishonouring three cheques worth a combined $300 million.Due to delay in K-Electric deal, Abraaj Group now faces liquidation caseThe cheques were signed by Naqvi for a short-term loan provided by the plaintiffs six months ago without which Abra
adidas forum bold aj would likely have collapsed, Tamimi said in a statement sent to AFP.The case was sent to court after Naqvi showed no intention of repaying the debt , Vusa Govt reduces rates on national savings schemes
ANKARA:Turkey on Monday vowed to continue fighting a US-backed Kurdish militia which it views as a terrorist group after US President Donald Trump warned of economic devastation if Ankara attacks Kurdish forces as American troops withdraw.Erdogan, Trump agreed to avoid power vacuum in Syria: Turkish presidencyTurkish President Recep Tayyip Erdogan's spokesman Ibrahim Kalin said on Twitter that there was no difference between the militant Islamic State (IS) group and the Kurdish People's Protection Units (
jordan bajos YPG) militia. We will continue to fight against them all. Turkey's response came after Trump on Sunday warned on Twitter: Will devastate Turkey economically if they hit Kurds. Mr @realDonaldTrump Terrorists can't be your partners amp allies. Turkey ex
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newbalance 530 US to honor our strategic partnership and doesn't want it to be shadowed by terrorist propaganda, Kalin said in a tweet to the US president.Turkey views the YPG as a terrorist offshoot of the outlawed Kurdistan Workers
