The rise and fall of UAE tycoon named in billion-dollar US suits
The rise and fall of Abu Dhabi tycoon Khadem al-Qubaisi, named this week in US Justice Department lawsuits seeking to seize over US$1 billion in assets, illustrates the unpredictability of an opaque Gulf business world fuelled by huge sums of oil money. In a few years, Qubaisi rose from obscurity…
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