SHUAA Capital related stories
All articles and analysis
Sameer Al Ansari takes over as SHUAA CEODIC's Sameer Al Ansari will head the firm's operations, following the resignation of Iyad Duwaji.
- SHUAA CEO leaves to set up own firm
Iyad Duwaji has ended a 20-year career with SHUAA to set up an independent private equity platform. DIC's Sameer Al Ansari has reportedly been considered as a replacement.
- SHUAA, DBG resolve conflict
The two Middle Eastern financial institutions have settled a dispute relating to the conversion of bonds into stock, giving Dubai Banking Group a 48% stake in SHUAA.
- SHUAA faces off with Dubai Banking Group
Dubai Banking Group, an investor in SHUAA Capital, has refused to accept 250 million new shares in exchange for the convertible notes it holds in the company.
- SHUAA shareholders mull closure
Shareholders will vote today on the Dubai-based bank's fate; last month, they unanimously opted to keep the company a going concern.
- SHUAA to continue in business
Shareholders have now twice voted against dissolution of the stricken Dubai-based bank.
- Abraaj builds team ahead of fund close
The Dubai-based firm has made two senior level appointments and expects to make more this year as it continues raising its $4bn Fund III.
- Istithmar cuts 10% of workforce
Dubai World-owned Istithmar World has reduced its staff by 13 in a bid to address existing market conditions.
- Rasmala holds $120m first close
The second fund being raised by the MENA-focused firm is expected to reach its $350m target within a few months.
- SHUAA Capital de-lists in Kuwait
The Dubai-based investment bank says it will avoid regulatory conflicts from a dual listing, as well as boost liquidity and trading volume by remaining traded only in Dubai.