Monday 25 November 2024
 
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DBG

Shuaa issues 515m new shares to DBG

Shuaa Capital, the GCC's leading financial services institution, has requested the Dubai Financial Market to issue 515 million new shares to Dubai Banking Group (DBG), making DBG the biggest shareholder in Shuaa. This follows the agree

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Shuaa says DBG dispute "legal" matter

Dubai-based investment bank Shuaa Capital said on Sunday regulators should refrain from intervening in a $409 million bond conversion dispute it has with Dubai Banking Group as it was a "legal" matter. In a letter to the United Arab Emirat

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