SHUAA Capital - UAE

• Performance
• Statistics
• Profile
• Financials
• News
• In Depth
• Disclosures
• Press Releases

Recent Press Releases

• SHUAA reports second quarter net profit of AED 92 million2 August 2009

  SHUAA Capital, the leading financial services institution in the GCC, today reports results for the second quarter of 2009.

• SHUAA Capital rejects claim by DBG24 June 2009

  SHUAA Capital (ticker symbol: SHUA.DU), the GCC's leading financial services institution, today notes the statement from Dubai Banking Group (‘DBG’) announcing that it is taking steps towards legal action to recover the principal amount of the disputed AED 1.5bn convertible bonds.

• SHUAA sees overwhelming investor interest during GCC Investor Conference in London31 May 2009

  SHUAA Capital, the GCC's leading financial services institution, saw significant interest and renewed optimism towards the Gulf region during its two day GCC Investor Conference in London.

• SHUAA Securities adds Jordan to its expanding regional brokerage network24 May 2009

  SHUAA Capital, the GCC's leading financial services institution, today announces that SHUAA Securities, its brokerage arm, has expanded its regional operations and network with the addition of its Jordan subsidiary.

• SHUAA Capital issues research report ‘Qatar is still booming’18 May 2009

  SHUAA Capital, the leading financial services institution in the GCC, today announces the publication of its latest research report on Qatar entitled “Qatar is still booming”.

• SHUAA reports negative earnings of AED 197.9m for first quarter 2009 with positive outlook7 May 2009

  SHUAA Capital’s first quarter results reflect a significant improvement over the last quarter. Despite significant efforts to enhance profitability, through cost-cutting measures, and focus on growing our fee businesses, book losses from investments still overshadowed the overall results.

• Investors rank Abu Dhabi Exchange as most undervalued stock market in the GCC region5 May 2009

  SHUAA Capital, the region’s leading financial services institution, today launched its GCC Investor Sentiment Report, the first of its kind in the Gulf markets.

• SHUAA Capital shareholders express their unanimous support at EGM15 April 2009

  SHUAA Capital, the region’s leading financial services institution, today confirms that all resolutions put forward to shareholders at the Extraordinary General Assembly held today were passed.

• SHUAA Capital clarifies the issue of Article 285 of the UAE Companies Law14 April 2009

  SHUAA Capital, the region’s leading financial services institution, added to its agenda for its forthcoming Extraordinary General Assembly to be held on 15 April 2009 at the Conference Centre, Dubai International Financial Centre, an additional agenda item in order to comply with UAE legal provisions.

• SHUAA Capital holds Ordinary General Assembly30 March 2009

  SHUAA Capital, the region’s leading financial services institution, today confirms that all resolutions put forward to shareholders at the Ordinary General Assembly held today at Jumeirah Emirates Towers were passed.

• SHUAA Capital releases UAE Vision 200925 February 2009

  SHUAA Capital, the leading financial services institution in the GCC, has today published its UAE Vision 2009.

• SHUAA’s third extraordinary general meeting to be held on 1 March 20098 February 2009

  SHUAA Capital, the region's leading financial services institution, today announced that the Board of Directors has invited shareholders to attend the third session of the Extraordinary General Assembly for the company set to take place at 5pm in Godolphin Ballroom, Jumeirah Emirates Towers on Sunday, 1 March 2009.

• SHUAA EGM postponed to 20 January 200913 January 2009

  SHUAA Capital, the region’s leading financial services institution, today postponed its Extraordinary General Assembly (EGM) for lack of the required 75% quorum.

• SHUAA Capital de-lists from Kuwait Stock Exchange7 January 2009

  SHUAA Capital (ticker symbol: SHUA.DU), the leading financial services institution in the GCC, confirms that its shares have now been de-listed from the Kuwait Stock Exchange (KSE") with effect from 1 January 2009, pursuant to the decision taken by the company's shareholders in June 2008.

• SHUAA cuts 21 jobs, profit expected in 200911 December 2008

  SHUAA Capital (ticker symbol: SHUA.DU), the region’s leading financial services institution, announces today that it has started redundancy consultation with 21 staff in order to realign its cost base.

• SHUAA Capital hosts first ever Saudi Arabia Investor Conference in London2 December 2008

  SHUAA Capital (ticker symbol: SHUA.DU), the region’s leading financial services institution, today announces that it is hosting the first ever Saudi Arabia Investor Conference in London on 2nd and 3rd December 2008.

• SHUAA’s Haissam Arabi transitions into new role8 November 2008

  SHUAA Asset Management, the leading asset manager in the region, today announces that Mr. Haissam Arabi has transitioned from the Head of SHUAA Asset Management into a new role whilst maintaining his position on the Investment Committee of the Gateway series of funds.

• Dubai Banking Group and SHUAA Capital extend agreements3 November 2008

  SHUAA Capital (SHUA.DU) announces today that the Dubai Banking Group, a Dubai Group Company, and SHUAA Capital have agreed that instead of redeeming the convertible notes due to convert on 31 October 2008, SHUAA will call for a general meeting of its shareholders at which it will present for approval a proposal to extend the tenor of the convertible note for one additional year (with the option to extend for a further year) so that the note will mature on 31 October 2009 (unless extended for a further year), at which time they may be converted into shares on the same terms and conditions as previously agreed.
  

• SHUAA Capital reports first half results3 November 2008

  SHUAA Capital (ticker symbol: SHUA.DU), the region’s leading financial services institution, today reports first half results for the period ending 30 September 2008.

• SHUAA Capital strengthens senior management team with new CFO28 October 2008

  SHUAA Capital (‘SHUAA’), the region’s leading financial services institution, today announces the appointment of Mr. Michael Burgess as Chief Financial Officer.
  

• SHUAA Board of Directors announce share buy-back program and change of financial year end27 October 2008

  The Board of SHUAA Capital (SHUA.DU), the region’s leading financial services institution, today announces that the Board of Directors has decided to implement a share buy-back programme for up to 55 million shares representing 10% issued shares of the Company.

• SHUAA reports preliminary first half 2008 net loss of AED 371.1 million impacted by global financial market meltdown17 October 2008

  SHUAA Capital (SHUA.DU), the region’s leading financial services institution, today issues a preliminary update prior to publication of its full interim consolidated financial results for the six months ended 30 September 2008.

• SHUAA reaches settlement with DFSA24 September 2008

  SHUAA Capital psc has reached a settlement with the DFSA in relation to a DFSA investigation into trading in DP World Limited shares conducted by SHUAA’s subsidiary, SHUAA Capital International Limited (SCIL), on the DIFX on 31 March 2008.

• SHUAA Capital concludes international investor conference in Dubai27 February 2008

  SHUAA Capital's nvestor Conference in Dubai concluded successfully with more than 400 one-on-one meetings between institutional investors and Chairmen, CEOs, CFOs and senior management from 31 of the leading companies in the region that presented their business strategy, financial performance and outlook.

• 30 blue-chip companies and investors with US$ 1.1 trillion in assets under management meet at SHUAA20 February 2008

  SHUAA Capital, the region's leading financial services institution, today announces strong involvement from Chairmen, CEOs and CFOs of 30 leading companies right across the Gulf region at the SHUAA Capital Investor Conference which will take place in Dubai from 23 to 25 February 2008