Abraaj Group, the Middle East buyout firm roiled by allegations of misused funds, is considering the sale of a stake in its fund management business to raise...
A major power breakdown Friday left 90 percent of Pakistan's largest and richest city, Karachi, without electricity and brought much of normal life to a...
An intense heat wave killed more than 120 people over the weekend in Pakistan's southern city of Karachi, officials said, as the electricity grid crashed...
Abraaj Holdings had an “unusual” business model reliant on short-term borrowing, and key financial statements are missing or nonexistent, according to one of...
Pakistani financier Arif Naqvi shared a stage with Bill Gates at the World Economic Forum in Davos, Switzerland, in January for a panel on global health. Even...