Tag: BR Shetty
Travelex Owner Finablr Might Owe US$1.3bn In Debt
Travelex owner Finablr on Thursday said that it might as much as US$1.3 billion in debt in a statement posted to London Stock Exchange...
BR Shetty Pledges To Clear His Name; Accuses ‘Current and Former Executives’ of ...
Indian businessman and billionaire BR Shetty has sent out a strongly-worded message in which he has said that he intends to clear his name...
ADCB Initiates Criminal Proceedings Against NMC Health Officials
Abu Dhabi Commercial Bank (ADCB) has begun criminal proceedings against NMC Health officials for their alleged involvement in the financial irregularities.
ADCB, which has the...
UAE’s Central Bank Takes Over UAE Exchange’s Operations
In the latest to the Finablr fiasco, the Central Bank of UAE (CBUAE) will be taking over the operations of UAE Exchange, which was...
UAE Exchange Temporarily Suspends New Transactions
The UAE Exchange has temporarily suspended any new transactions at all of its branches and its online platforms.
According to an e-mail statement, the temporary...
