Dubai's Shuaa Capital third-quarter net profit increased six-fold due to improved performance from its asset management and investment banking businesses, it said in a statement on Monday.
Net profit in the three months ending
Shuaa Capital, a Dubai-based integrated financial services, has reported a 46.1 per cent increase in revenues to Dh116.2 million ($31.6 million) in the first half of 2014, compared to Dh79.5 million during the same period in 2013.
Leading UAE investment bank Shuaa Capital said it has been added to the MSCI Emerging Markets Small Cap Index.
The Index includes small cap representation across 21 emerging market countries worldwide. The benchmark covers approxi
Leading UAE investment bank Shuaa Capital has a registered a net profit of Dh8.2 million ($2.23 million) in the first quarter of 2014 when compared to a net loss of Dh5.9 million last year.
Announcing the results, the Dubai lender
Leading UAE investment bank Shuaa Capital has registered a Dh8.2 million ($2.23 million) net profit in the first quarter of 2014 compared to a net loss of Dh5.9 million for the same period the previous year.
The Dubai-based lender
Shuaa Capital returned to full year profitability last year with the company achieving an annual net profit of Dh2.8 million ($762,130), a significant improvement on 2012’s net loss of Dh59 million (16.059 million).
Leading UAE investment bank Shuaa Capital has elevated its capital markets platform to global institutional standard with the deployment of keys solutions from technology services firm SunGard.
Shuaa said it has become the first t
Leading UAE investment bank Shuaa Capital has inked a deal with Dubai SME, a government agency mandated to develop the small and medium enterprise sector in the emirate, to extend their collaboration in advising SMEs in 2014.
Dubai-based Shuaa Capital, a provider of client-centric, fully integrated financial services, has appointed Soha Nashaat as strategic advisor to the executive chairman.
Nashaat joins the company to expand Shuaa’s scope of pr
Shuaa Capital, the Dubai-based investment bank, swung to a profit in the fourth-quarter of 2013, aided by cost cuts and growth in its core businesses.
Shuaa made a quarterly net profit of 3.8 million dirhams ($1.03 million), compa