SHUAA Capital related stories
All articles and analysis
Friday Letter After all this pain, things will get betterThe past 12 months have brought unprecedented turmoil to markets everywhere, and the private equity industry suffered profound ripple effects from many of the year’s most dramatic events.
- SHUAA halts investments
Dubai-based investment bank SHUAA Capital has stopped investing from its two private equity funds and has no current plans to raise a new fund.
- SHUAA loses more senior team members
Sameer Al Ansari (pictured), CEO of investment bank SHUAA Capital, has resigned. The event comes only a few months after it lost its head of private equity, Anis Bibi.
- Embattled SHUAA loses PE head
Anis Bibi has resigned from Dubai-headquartered SHUAA Capital, which is slashing 11% of its workforce amid first quarter losses.
- DIC confirms board dissolution
The firm fell under control of its debt-laden parent, Dubai Holding, in January, the same month Sameer Al Ansari resigned as executive chairman.
- Shuaa Capital completes first PE Saudi Arabia land purchase
Shuaa Capital Saudi Arabia, a subsidiary of Dubai-based Shuaa Capital, has completed a land acquisition on behalf of its Shuaa Hospitality Fund. According to an announcement by the firm, the deal is the “first of its kind” in the country.
- Al Ansari steps back in latest DIC changes
Sameer Al Ansari has taken on a non-executive role at Dubai International Capital in order to focus more on his CEO responsibilities at SHUAA Capital.
- DUBAI CRISIS: Emirati reactions
How the market reacted to Dubai World's decision to seek a six-month standstill on its debt. PERE Magazine December 2009-January 2010 issue
- SHUAA's private equity profits plunge
Year-over-year third quarter private equity revenue fell 90% for SHUAA, which recorded no exits or deal activity from July to September.
- Shailesh Dash resigns from GIH
Hany Shawky will step in as acting head of private equity, as Dash ends a 9-year stint with the Kuwait investment firm to 'pursue other interests'.