This acquisition is expected to enable the Abu Dhabi Securities Exchange-listed Eshraq to increase its profitability
Jassim Alseddiqi
Latest in Jassim Alseddiqi
acquisition
SHUAA secures $160 million financing facility from NBF, Arab Petroleum Investments for Allianz acquisition
The financing facility is one of the largest secured overnight funding rate (SOFR) based facilities of its size for a leveraged buyout transaction in the region
Asset Management
SHUAA Capital posts strong performance in Q1 2022 despite global uncertainties and market volatility
Excluding the effects of the intangible asset write-down, the firm’s net profit on a like-for-like basis would have increased to $10.07 million in the first three months of 2022
Asset Management
SHUAA Capital reports strong growth in core revenues driven by gains within managed funds
In 2021, SHUAA made key hires across the business, notably within real estate and client coverage, with core headcount increasing by 33 percent.
Investment bank
UAE’s Shuaa Capital posts biggest H1 net profit in a decade
CEO Jassim Alseddiqi says company has ‘surpassed’ itself with performance in the first six months of 2021
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Asset Management
Dubai’s Shuaa Capital records highest Q1 profits in a decade
Looking ahead to Q2, Shuaa is looking towards a ‘healthy pipeline of activity and deals across the platform, including some transactions which saw delays in completion in the first quarter of the year’
2021 Predictions
Investment predictions: where your money might fare best in 2021
Changes in equity returns, market share shopping & international green appeal, forecasts Shuaa CEO Jassim Alseddiqi
Abu Dhabi Securities Exchange
Decree on UAE stock market listings could be a ‘game changer’, says Shuaa CEO
Jassim Alseddiqi hails royal decree to require public joint stock companies established in Dubai to list their stocks on local exchanges
Abu Dhabi Financial Group
Shuaa Capital shareholders approve ADFG merger plan
Shuaa, Abu Dhabi Financial Group merger subject to final regulatory approvals and is expected to be completed soon
Abraaj
Middle East has ‘moved on’ from Abraaj, says ADFG
Abraaj collapse created challenges for VCs raising funds from international investors, according to Global Ventures’ Noor Sweid
Abu Dhabi Capital Management
ADFG agrees to merger with Dubai’s Shuaa Capital
ADFG’s parent company ADCM will own 58% of the combined entity, which will remain listed on the DFM, while existing Shuaa shareholders will control the remaining stake
Abu Dhabi Financial Group
Shuaa Capital impending merger with ADFG in ‘final stages’
Jassim Alseddiqi expected to become Group CEO after merger with ADFG
Abu Dhabi Financial Group
Dubai’s Shuaa says ADFG merger talks in ‘final stages’
Shuaa Capital confirms that it is progressing with a potential merger with Abu Dhabi Financial Group
Baker McKenzie
Abu Dhabi’s Eshraq plans to list shares in Saudi Arabia
Board of Eshraq Investments appoints Banque Saudi Fransi and Baker McKenzie as advisors on the Tadawul plan
Abu Dhabi Financial Group
Dubai’s Shuaa confirms merger talks with Abu Dhabi Financial Group
Abu Dhabi Financial Group, together with its controlled entities, manages more than $20bn in assets
Abu Dhabi
Abu Dhabi developer Eshraq rebrands with new name
Eshraq unveils new corporate branding, says Marina Rise in Reem Island set to be delivered by Q2 2020
