Shuaa’s subsidiary Northacre is currently focused on completing its two key projects, No.1 Palace Street and The Broadway
SHUAA Capital
DFM Company
Dubai bourse says to expand equity futures contracts from Sunday
Contracts on Dubai Investments, DFM Company and Shuaa Capital will be added as part of strategy to diversify investment opportunities
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
acquisitions
Middle East SPAC trickle may turn to flood as Dubai’s Shuaa plans launches
Three SPACs are expected to list in the US this year and will target companies in the Middle East and North Africa, according to reports
commercial shipping
Shipping major SMG eyes growth after securing $45m financing
Stanford Marine Group appoints new board following the completion of a debt buyout by Shuaa Capital earlier this year
Asset Management
Dubai’s Shuaa Capital set to go digital with new wealth platform
The platform, managed by newly appointed chief digital officer Hadi Raad, seizes a market opportunity in millennials and regional HNWIs
Asset Management
Dubai-based Shuaa Capital sells stake in Khaleeji Commercial Bank
Shuaa and its managed subsidiary Goldilocks Fund have sold interests in KHCB to Bahrain’s GFH Financial Group
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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’
Electricity and Water Producer
SHUAA sells 20% stake in Mirfa International Power and Water Company to Japanese investor
Sojitz Corporation will join Abu Dhabi National Energy Group PJSC and Engie SA as shareholders in Mirfa
Northacre
Dubai’s Shuaa Capital hires veteran El-Hindi to lead real estate unit
Former Imkan Properties CEO Walid El-Hindi is appointed CEO of Shuaa’s property business
agricultural technology
UAE’s Pure Harvest secures new funding for AgTech expansion plan
Shuaa Capital leads $50m financing deal for Pure Harvest Smart Farms
Arabian Business Forum
UAE-based Shuaa Capital boss ‘bullish’ on post-Brexit Britain
CEO Jassim AlSeddiqi was speaking at the Arabian Business Forum event in Dubai
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
Oil and gas industry
Shuaa Capital completes AED 1.13 billion debt buyout of Dubai-based Stanford Marine Group
Deal retains jobs of 1,800 employees and ensures business continuity, says CEO of Shuaa Capital
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Anghami
Dubai’s Shuaa Capital invests in music streaming service Anghami
Shuaa CEO says Anghami, which delivered 10 billion streams in 2019, is ‘ideally aligned’ with investment criteria
Asset Management
Video: All plans have changed over past 6 months, says Shuaa Capital CEO
Jassim Alseddiqi, chief executive officer at Shuaa Capital PSC, discusses second quarter earnings, the biggest challenges for the company and their business strategy looking forward.