Shuaa shelves plans for Global Investment stake

28/11/2017 08:19 AST

Shuaa Capital is no longer pursuing a stake in Kuwait's Global Investment House KSCC. In a statement to Dubai Financial Market on Monday, Fawad Tariq Khan, general manager of DFM-listed Shuaa, said, "As per Shuaa's usual pursuit of strategic expansion, such discussions are regularly sought, and Shuaa will keep the market and regulators informed of any activities as and when required."

Khan did not give reasons for Shuaa deciding not to pursue a stake in the Kuwait-based investment bank and regional asset manager.


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SHUAA to act as liquidity provider to Bank of Sharjah

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Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

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Shuaa rising profits mask questions over provisions and commissions

02/03/2018

Shuaa last week announced profits of Dh74 million for 2017 versus a loss of Dh132m in 2016. Quite the turnaround. As always, it is important to examine such large differences in financial performance

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SHUAA Capital celebrates the launch of SHUAA Securities-Egypt

13/02/2018

SHUAA Capital, the United Arab Emirates-based premier financial services group, today held a press conference in Cairo to officiate the opening of its securities brokerage arm, SHUAA Securities-Egyp

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