CPI FINANCIAL
The United Arab Emirates' Securities & Commodities Authority (SCA) and the Dubai Financial Services Authority (DFSA) are working to ascertain whether local investors have been affected by the financial woes of private equity firm, Abraaj.
DFSA, which regulates Abraaj, has made no comment on the private equity firm, which is grappling with allegations by some investors that it had misused their money—an allegation that Abraaj has denied.