SHUAA Capital - UAE

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Recent Articles

• Doubts over pace of Mideast private equity recovery23 November 2009

  Shuaa CEO says boost will come from gov't spending on transport and infrastructure.

• Shuaa Capital posts $73.2m Q3 loss1 November 2009

  Dubai financial services firm chief says it has hired consultancy to help restructuring, form new strategy.

• GCC investor confidence rises for third straight month26 October 2009

  Shuaa Capital indicator sees rebound in sentiment in real estate, construction.

• Investor confidence in GCC rises in Sept - Shuaa28 September 2009

  Regional sentiment report shows improvement for second month running.

• GCC investor confidence rises in August - Shuaa31 August 2009

  UAE and Qatar drive rise in sentiment about region's economies, stock markets.

• Shuaa confirms Al Ansari as new CEO30 August 2009

  UAE investment bank says new chief exec will retain senior role with Dubai International Capital.

• Shuaa asks Dubai market to issue Dubai Banking shares29 August 2009

  Financial firm implements an agreement to resolve a long-running bond dispute.

• Shuaa Capital CEO set to step down12 August 2009

  Iyad Duwaji set to resign for 'personal reasons' after 20 years at helm of investment bank.

• Global Investment House slumps to $101m Q2 loss 9 August 2009

  UPDATE 1: Kuwait firm misses analyst forecast that had been looking for a profit.

• Shuaa Capital posts 37% rise in Q2 profit2 August 2009

  Troubled regional investment bank says it has turned the corner after three tough quarters.

• UAE leads GCC drop in investor confidence - Shuaa27 July 2009

  Hopes of a swift rebound in business sentiment are dashed with index's decline.

• Dubai market posts biggest 1-day gain since Feb26 July 2009

  Stocks boosted by rising oil prices and better-than-expected corporate earnings.

• UAE property firms' Q2's seen hit by lower sales12 July 2009

  Emaar Properties forecast to buck overall trend, however, says Shuaa Capital.

• Lower prices hit Safco Q2 net profit11 July 2009

  UPDATE 2: Investors mark Saudi Fertilizers higher as divi payout exceeds earnings per share.

• Shuaa files claim against OHO over $31.5m loss9 July 2009

  Dubai investment bank confirms legal claim against Orion Holdings Overseas.

• More than 60% think UAE property prices will fall further - poll5 July 2009

  Online survey found just 5% think the real estate market has already hit the bottom.

• Saudi Almarai, Hadco agree on takeover terms1 July 2009

  UPDATE 2: Deal provides Almarai entry into the lucrative Saudi poultry business.

• Investors fear UAE property market has yet to hit bottom30 June 2009

  New investor confidence survey reveals only 19% believe recovery is beginning.

• Shuaa's $408m bond dispute 'resolved'25 June 2009

  Investment bank statement saying Shuaa Capital will issue 515m shares to Dubai Banking Group.

• Shuaa hits back against DBG in bond row24 June 2009

  Shuaa Capital rejects claims by DBG over disputed $409m bond deal.

• Dubai Banking Group begins Shuaa case23 June 2009

  DBG announces it has initiated legal proceedings against investment bank over bond dispute.

• Moody’s downgrades Shuua Capital22 June 2009

  Ratings agency cites ongoing dispute between Shuua and Dubai Group over debt-equity swap.

• Shuaa claims bond row now a legal matter21 June 2009

  Investment bank tells UAE bourse regulator not to intervene in $409m dispute.

• Qatar suffers biggest one-day loss since March17 June 2009

  UPDATE 8: Mixed fortunes for UAE markets as Dubai falls but Abu Dhabi rises.

• Dubai Banking opts not to accept Shuaa shares16 June 2009

  UPDATE 1: Shuaa Capital shares fell by up to 9.9 percent over bond dispute.