Esca examines Shuua claim
United Arab Emirates: Thursday, February 08 - 2007 at 07:49
The Emirates Securities and Commodities Authority says it is examining allegations published in Trends magazine that Dubai-based Shuaa Capital manipulated the price of a share purchase in Kuwait's Al Ahlia Investment in 2005, Reuters reported. Shuaa is threatening legal action over the allegations, while already suing publisher Medialeader over a previous article in the magazine.
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James McInerney, News EditorThursday, February 08 - 2007 at 07:49 UAE local time (GMT+4)
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