Deloitte to review Abraaj business

Abraaj has hired Deloitte to examine its business, including its troubled $1 billion healthcare fund, after investors questioned an earlier review by KPMG of the embattled fund, people familiar with the matter said. Abraaj has been trying to stem the fallout from a row with four of its investors, including the Bill & Melinda Gates Foundation and the International Finance Corp (IFC), over the use of their money in the fund.