UPDATE: Dubai Prosecution Extends Former Deyaar's CEO Arrest

DUBAI (Zawya Dow Jones)--Dubai's Public Prosecution has extended the investigation into Deyaar Development Co.'s (DEYAAR.AI) former chief executive for alleged financial embezzlement for a fifth time, a person familiar with the matter said. Zack Shahin, who has been in custody since April without charges, and three others will remain detained for at least 30 more days as part of the ongoing embezzlement... [read full story]