SHUAA Capital PSC

SHUAA Capital PSC and its subsidiaries have released their condensed consolidated interim financial information for the period from January 1, 2025, to September 30, 2025.

As of November 14, 2025, SHUAA Capital psc reported accumulated losses of AED 904 million for Q3 2025, representing 24.70% of its capital. The losses primarily resulted from fair value losses due to impairments and write-offs related to the company's UK investments, legacy real estate assets, and valuation adjustments of an associate's underlying asset. Additionally, the implementation of corporate tax law in the UAE led to the recognition of a deferred tax liability, and there were write-offs from revised land valuations in the UAE, as well as fair value losses from investments in public market securities and managed investments.

SHUAA Capital reported a net profit of AED 198 million for the first nine months of 2025, a significant improvement from a net loss of AED 138 million in the same period last year. This turnaround is attributed to the successful execution of SHUAA's capital optimization strategy and a focus on operational efficiency. The company achieved revenues of AED 62 million with an improved cost-to-income ratio of 92%, compared to 103% the previous year. In Q3 2025, SHUAA experienced a net loss of AED 16 million, mainly due to non-recurring items and timing delays, yet this was an improvement over Q3 2024's net loss of AED 22 million. Balance sheet optimization included an increase in share capital and settlement with a key creditor, resulting in equity rising to AED 602 million by September 2025 and a reduced debt-to-equity ratio of 0.7x. CEO Nabil Al Rantisi highlighted the strategic initiatives and focus on core strengths as key to SHUAA's future growth and value creation for shareholders.

SHUAA Capital p.s.c., a financial investment company based in Dubai, UAE, held a Board of Directors meeting on November 14, 2025. During the meeting, the board adopted the consolidated reviewed financial statements for the period ending September 30, 2025, and discussed other business-related matters. The company is licensed and regulated by the UAE Securities and Commodities Authority. The announcement was made by Islam Mahrous, the Chief Compliance Officer.

SHUAA Capital p.s.c., a financial investment company based in Dubai, is licensed and regulated by the U.A.E. Securities and Commodities Authority. The company's Board of Directors is scheduled to meet on Friday, November 14, 2025, at 2:00 pm. The agenda includes the adoption of the consolidated reviewed financial statements for the period ending September 30, 2025, and other business-related matters. The notice is signed by Islam Mahrous, the Chief Compliance Officer.

SHUAA Capital p.s.c., a financial investment company based in Dubai, UAE, is licensed and regulated by the UAE Securities and Commodities Authority. The company's head office is located at The H Hotel Dubai, Office Tower, Level 15. The Board of Directors of SHUAA Capital has approved resolutions concerning business-related matters by circulation. The communication was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and was signed by Islam Mahrous, the Chief Compliance Officer.

SHUAA Capital p.s.c. is a financial investment company located in Dubai, United Arab Emirates. It is licensed and regulated by the U.A.E. Securities and Commodities Authority. The company's head office is situated at The H Hotel Dubai, Office Tower, Level 15. On October 27, 2025, the Board of Directors of SHUAA Capital will make decisions by circulation concerning the company's business matters. The communication was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and was signed by Islam Mahrous, the Chief Compliance Officer.

SHUAA Capital has been appointed as the exclusive financial advisor for Islamic Arab Insurance Company (Salama) to assist with its capital restructuring and issuance of a Mandatory Convertible Sukuk (MCS). This strategic move aims to strengthen Salama's capital base and solvency. The restructuring plan, approved by Salama's shareholders, involves a capital reduction followed by an MCS issuance of up to AED 175 million, aligning with regulatory requirements and shareholder interests. SHUAA's appointment highlights its expertise in investment banking and its focus on expanding fee-based income through impactful advisory roles. The MCS issuance is expected to be completed in the coming months, pending regulatory approvals. Both companies are listed on the Dubai Financial Market, ensuring transparency and governance throughout the process.

SHUAA Capital p.s.c. is a financial investment company based in Dubai, United Arab Emirates, located at The H Hotel Dubai, Office Tower, Level 15. It is licensed and regulated by the U.A.E. Securities and Commodities Authority. The company's contact details include a telephone number, fax number, email, and website. On October 17, 2025, the Board of Directors of SHUAA Capital approved resolutions by circulation concerning customary business-related matters. The communication was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and signed by Islam Mahrous, the Chief Compliance Officer.

SHUAA Capital p.s.c., a financial investment company based in Dubai, UAE, has announced the resignation of its Chief Risk Officer, Mr. Dominik Piotr, due to personal reasons. Mr. Piotr will remain with the company until the end of his notice period at the end of the current month to provide support and ensure business continuity. The notification was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and was signed by Islam Mahrous, Chief Compliance Officer. SHUAA Capital is licensed and regulated by the UAE Securities and Commodities Authority.