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UAE Exchange, Xpress Money will restart operations soon

UAE Exchange, Xpress Money will restart operations soon
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Filed on January 24, 2021 | Last updated on January 25, 2021 at 06.20 am
The appointment of the advisor represents a significant milestone in the consortium’s plan to recapitalise Finablr on behalf of its customers, employees and stakeholders, the consortium said in a statement. File photo
The Prism-RSP consortium said the investment bank would advise them on the restructuring and transformation of Finablr Ltd and its subsidiaries.
Two flagship brands of the troubled Finablr Group UAE Exchange and Xpress Money are expected to restart operations soon following the recapitalisation and revamping of the global payment solutions firm. ....

United Arab Emirates , Khaleej Times , Abu Dhabi , Abuz Aby , Abubaker Al Khoori , Issac John , Robert Miller , Hamad Al Ali , Ehud Olmert , Zayed Al Nahyan , Amir Nagammy , Moelis Company , Finablr Ltd , Finablr Group , Abu Dhabi Executive Council , Prism Group Of Israel , Prism Group , Express Money , Royal Strategic Partners , Abu Dhabi Based , Israeli Prime Minister Ehud , Sheikh Hazza , Vice Chairman , Abu Dhabi Executive , Uae Exchange , ஒன்றுபட்டது அரபு அமீரகங்கள் ,

UAE Exchange set to restart operations

The Prism-RSP consortium said the investment bank would advise them on the restructuring and transformation of Finablr Ltd and its subsidiaries. ....

United Arab Emirates , Khaleej Times , Abu Dhabi , Abuz Aby , Abubaker Al Khoori , Issac John , Robert Miller , Hamad Al Ali , Ehud Olmert , Zayed Al Nahyan , Amir Nagammy , Moelis Company , Finablr Ltd , Finablr Group , Abu Dhabi Executive Council , Prism Group Of Israel , Prism Group , Express Money , Royal Strategic Partners , Abu Dhabi Based , Israeli Prime Minister Ehud , Sheikh Hazza , Vice Chairman , Abu Dhabi Executive , Uae Exchange , ஒன்றுபட்டது அரபு அமீரகங்கள் ,

D K Shivakumar mocks CM for certifying himself

D K Shivakumar mocks CM for certifying himself
News Network
January 1, 2021
Bengaluru, Jan 1: Karnataka Congress president DK Shivakumar on Friday mocked Chief Minister BS Yediyurappa over latter s remarks that he will complete his remaining term.
What was the need for the CM to say he’ll stay on for two more years? We hadn’t questioned him. He certified himself because there’s panic, Mr Shivkumar said while referring to Mr Yediyurappa’s assertion that there will not be any change in leadership and he would complete his term till 2023.
Their own MLAs have been talking about a change in leadership. If a CM has to certify himself, it means there s some danger lurking , the Congress leader averred. ....

Abu Dhabi , Abuz Aby , United Arab Emirates , Abubaker Al Khoori , Ehud Olmert , Zayed Al Nahyan , Finablr Plc , Health Plc , Global Fintech Investments Holding , Israel Finance Ministry , Abu Dhabi Executive Council , Prism Group Of Israel , Prism Group , Israeli Prime Minister Ehud Olmert , Royal Strategic Partners , Sheikh Hazza , Vice Chairman , Abu Dhabi Executive , Finance Ministry , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஸேயெட் அல் நஹ்யான் , ஆரோக்கியம் ப்ல் , உலகளாவிய ஃபிண்டெக் முதலீடுகள் வைத்திருத்தல் , இஸ்ரேல் நிதி அமைச்சகம் , ப்ரிஸம் குழு ஆஃப் இஸ்ரேல் , ப்ரிஸம் குழு ,

HC stays BSY govt's order to drop criminal prosecution in 61 cases against MLAs, ministers

HC stays BSY govt s order to drop criminal prosecution in 61 cases against MLAs, ministers
News Network
December 21, 2020
Bengaluru, Dec 21: In a setback for Chief Minister BS Yediyurappa-led government, the Karnataka High Court on Monday stayed a state government order to drop criminal prosecution in 61 cases against Members of the Legislative Assembly (MLAs) and ministers.
A division bench of Chief justice Abhay S Oka and Justice Vishwajith Shetty stayed the order, which was issued on August 31 earlier this year. We direct that no further steps shall be taken on the basis of order based August 31, the bench said.
The bench was hearing a petition filed by an NGO named People Union of Civil Liberties, Karnataka, challenging the August 31 order wherein the government had granted permission for the withdrawal of prosecution of 61 cases under Section 321 of the Code of Criminal Procedure. ....

Abu Dhabi , Abuz Aby , United Arab Emirates , Abubaker Al Khoori , Ehud Olmert , Zayed Al Nahyan , Finablr Plc , Health Plc , Global Fintech Investments Holding , Israel Finance Ministry , Abu Dhabi Executive Council , Prism Group Of Israel , Prism Group , Israeli Prime Minister Ehud Olmert , Royal Strategic Partners , Sheikh Hazza , Vice Chairman , Abu Dhabi Executive , Finance Ministry , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஸேயெட் அல் நஹ்யான் , ஆரோக்கியம் ப்ல் , உலகளாவிய ஃபிண்டெக் முதலீடுகள் வைத்திருத்தல் , இஸ்ரேல் நிதி அமைச்சகம் , ப்ரிஸம் குழு ஆஃப் இஸ்ரேல் , ப்ரிஸம் குழு ,

Shocking! UAE-based Indian billionaire BR Shetty's company sold for $1

BR Shetty
File Photo
UAE-based Indian billionaire BR Shetty s company Finablr Plc is getting ready to sell its business to an Israeli-UAE consortium for $1, capping the collapse of a business that had a market value of $2 billion (Rs 14,700 crore) last December.
According to media reports, Finablr, the scandal-marred platform for payments and foreign exchange solutions, announced that it has entered into a definitive agreement with Global Fintech Investments Holding (GFIH), an affiliate of Prism Group of Israel, to sell to GFIH the entire issued share capital of Finablr Limited.
Prism Group, linked to a former Israeli Prime Minister Ehud Olmert, has formed a consortium with Abu Dhabi s Royal Strategic Partners (RSP) in connection with the transaction. ....

Abu Dhabi , Abuz Aby , United Arab Emirates , Abubaker Al Khoori , Ehud Olmert , Zayed Al Nahyan , Finablr Plc , Global Fintech Investments Holding , Israel Finance Ministry , Abu Dhabi Executive Council , Prism Group Of Israel , Prism Group , Finablr Limited , Israeli Prime Minister Ehud Olmert , Royal Strategic Partners , Sheikh Hazza , Vice Chairman , Abu Dhabi Executive , Finance Ministry , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஸேயெட் அல் நஹ்யான் , உலகளாவிய ஃபிண்டெக் முதலீடுகள் வைத்திருத்தல் , இஸ்ரேல் நிதி அமைச்சகம் , ப்ரிஸம் குழு ஆஃப் இஸ்ரேல் , ப்ரிஸம் குழு , அரச மூலோபாய கூட்டாளர்கள் ,