Shuaa Capital PJSC (SHUAA)

Dubai – Mubasher: Shuaa Capital obtained the board’s approval to launch a consent solicitation relating to amending terms and conditions for $150 million in its issued bonds. In line with the listed company’s plans to enhance its capital …

Dubai – Mubasher: Shuaa Capital incurred net losses valued at AED 866.13 million in 2023, higher than AED 135.20 million in January-December 2022. Revenues amounted to AED 164.73 million last year, compared to AED 287.84 million in 2022, according …

Dubai – Mubasher: The carbon credits trading pilot programme by Dubai Financial Market (DFM) was launched on 5 December 2023, where institutional investors will be able to buy and sell until 11 December. Making its debut at the 28th UN Climate …

Dubai - Mubasher: Shuaa Capital has named Wafik ben Mansour as its Acting CEO to lead the next phase of the firm’s optimisation process and create a growth platform. The appointment followed Fawad Tariq Khan’s resignation from his post as the …

Dubai - Mubasher: Shuaa Capital recently announced its intention for a rights issue to increase the issued capital following the board’s initial approval, according to a bourse filing. The rights issue will come ahead of a capital cut as well as …

Dubai – Mubasher: Shuaa Capital shifted to net profits attributable to the equityholders worth AED 20.03 million in the first half (H1) of 2023, against net losses of AED 164.30 million in H1-22. The UAE-based firm posted an annual plunge in total …

Dubai - Mubasher: Shuaa Capital recently launched a new Sharia-aligned equity fund under the Incorporated Cell Company (ICC) umbrella, registered in Abu Dhabi Global Market (ADGM) and administrated by SHUAA GMC Limited, according to a bourse …

Dubai – Mubasher: Shuaa Capital has sold a prime plot of land in Business Bay to Danube Properties at a total value of AED 190 million, according to a press release.  This transaction comes within the framework of the listed company’s strategy to …

Dubai – Mubasher: Shuaa Capital registered net profits attributable to the owners amounting to AED 14.71 million in the first quarter (Q1) of 2023, an annual jump from AED 5.61 million. The total income plummeted to AED 54.87 million during Q1-23 …

Dubai – Mubasher: Shuaa Capital shifted to net losses worth AED 135.20 million in 2022, against net profits of AED 24.23 million in 2021. The revenues amounted to AED 265.93 million as of 31 December 2022, down from AED 322.67 million a year …

Mubasher: Venture debt investments in the MENA region have exceeded $260 million through 18 financing deals during 2022, according to a report by Shuaa Capital and MAGNiTT. The report indicated that the high value came despite a backdrop of …

Dubai – Mubasher: Shuaa Capital turned to net losses attributable to the shareholders worth AED 144.36 million in the first nine months (9M) of 2022, against net profits of AED 88.73 million in 9M-21. The operating income amounted to AED 215.58 …

Dubai – Mubasher: Shuaa Capital’s subsidiary, Amwal International Investment Company, has entered into an agreement to sell its 51% stake in NCM Investment (Kuwait) for AED 200 million, according to a bourse filing on Monday. NCM Investment is an …

Dubai – Mubasher: Shuaa Capital has turned to net losses attributable to the parent worth AED 164.30 million during the first half (H1) of 2022, against net profits of AED 54.06 million in H1-21. In the first six months (6M) of 2022, the net …

Dubai – Mubasher: The London-based developer Northacre, a subsidiary of Shuaa Capital, plans to launch various projects across the UK and GCC region at a total value of $3.6 billion, as part of its global expansion. Under Northacre's plans for …

Dubai – Mubasher: Shuaa Capital has sold its brokerage unit in Egypt for a total value of AED 3.6 million after receiving the essential regulatory approvals, according to a bourse filing. Exiting the Egypt-based asset followed a capital reduction …

Dubai – Mubasher: Northacre, a subsidiary of Shuaa Capital, has partnered with St. Regis hotel brand at No 1 Palace Street, close to her Majesty’s official London residence, Buckingham Palace. The location of No. 1 Palace Street, The St. Regis …

Dubai – Mubasher: Shuaa Capital has appointed Fawad Tariq Khan as the company's CEO to replace Jassim Alseddiqi, who has been named as Managing Director effective 15 June 2022. Khan will also remain in his current position of Head of Investment …

Dubai – Mubasher: Shuaa Capital has completed its acquisition of Allianz Marine and Logistics Services Holding Limited (Allianz) by its managed fund after raising a seven-year facility worth $160 million. The company has secured the facility from …

Dubai–Mubasher: Shuaa Capital has acquired Allianz Marine & Logistics Services Holding (Allianz), a UAE-based maritime logistics company owning and renting 117 offshore support vessels (OSV), by its managed funds. The fleet includes platform …

Dubai – Mubasher: Shuaa Capital has reported net profits attributable to the parent worth AED 24.23 million in 2021, 81% lower than AED 125.26 million in 2020, as shown by the company’s audited consolidated financials for the year ended 31 …

Dubai – Mubasher: Shuaa Capital has launched a $250 million venture debt fund, dubbed Shuaa Venture Partners, to be the largest in the GCC. Focused on venture debt investments across the Gulf area, the Sharia fund will support the growth of …

Dubai – Mubasher: Shuaa Capital has acquired a majority stake in the UAE-based fintech company, Souqalmal, enabling the latter to implement a growth plan over the next two years. Shuaa has joined other existing investors in Souqalmal, including …

Dubai – Mubasher: The net profits attributable to the owners of Shuaa Capital declined by 68% year-on-year (YoY) to AED 39.76 million in 2021 from AED 125.26 million. The company generated revenues worth AED 349.48 million last year, compared to …

Dubai – Mubasher: Shuaa Capital has advised on Anghami's listing on Nasdaq New York under the ticker symbol 'ANGH', effective Friday, 4 February 2022. As an advisor and investor, Shuaa has led a funding round for Anghami and enabled the tech …