United Arab Emirates-based airline Air Arabia PJSC is being sued for more than $700 million in the Cayman Islands for allegedly “knowingly” participating in a massive fraud by the failed Abraaj Group, which was also based in the UAE.
Articles Cayman Islands Featured Fraud Liquidations & Insolvencies Listed Securities Pakistan United Arab EmiratesJune 27, 2024
Abraaj liquidators sue Air Arabia for $700M+ in Cayman for ‘fraud and dishonest assistance’
![](https://cdn.offshorealert.com/wp-content/uploads/2024/06/Abraaj-v-Air-Arabia.png)
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Cayman Islands Fraud Liquidations & Insolvencies Listed Securities PakistanKeywords
Abraaj Group Air Arabia Arif Naqvi