
SHUAA Capital PSC
Pressreleases, Reports and Disclosures for SHUAA Capital PSC
SHUAA Capital Saudi Arabia and Gate Capital Financial Services have signed a Memorandum of Understanding to launch an alternative investment fund aimed at consolidating the fuel retail sector in Saudi Arabia. This initiative intends to create a leading national fuel retail operator with over 500 service stations across the country. The Saudi fuel retail sector is currently evolving due to regulatory improvements by the Ministry of Energy, which are enhancing operational, safety, and service standards. SHUAA Capital and Gate Capital plan to leverage this transformation through a "buy-and-build" strategy, starting with the acquisition of an established fuel retail operator and expanding by integrating additional operators. This effort aligns with Saudi Arabia's Vision 2030 goals to modernize infrastructure and enhance service delivery, while also focusing on shareholder returns. The CEOs of both companies expressed confidence in the partnership's potential to capitalize on the growing market and deliver strong returns.
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. The company is licensed and regulated by the U.A.E. Securities and Commodities Authority. The Board of Directors plans to make business-related resolutions by circulation on April 16, 2026. The communication is addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, from Islam Mahrous, the Chief Compliance Officer.
SHUAA Capital p.s.c., a financial investment company based in Dubai and regulated by the U.A.E. Capital Market Authority, has invited its shareholders to the Annual General Assembly Meeting. The meeting is scheduled for Saturday, 25 April 2026, at 1:00 pm at the H Hotel Dubai, with an option for electronic participation. The agenda includes reviewing and approving the Board of Directors' report, the Auditor’s report, the company's balance sheet, and income statement for the financial year ending 31 December 2025. Additionally, the Board's recommendation not to distribute cash dividends for that financial year will be considered.
SHUAA Capital p.s.c., a financial investment company based in Dubai and regulated by the U.A.E. Securities and Commodities Authority, has announced the conclusion of a legal case. The case involved a lawsuit filed against the company by a former executive board member seeking approximately AED 22 million in employment-related claims. The Court of Appeal had previously upheld an initial ruling dismissing the lawsuit due to a lack of factual or legal basis. The final judgment by the Court of Cassation has been issued in favor of SHUAA Capital, dismissing the claimant's appeal and requiring the claimant to cover all legal costs and attorneys' fees.
SHUAA Capital psc reported accumulated losses of AED 946 million for the fiscal year 2025, with an accumulated losses to capital ratio of 25.85%. The losses were primarily attributed to several factors: fair value losses from impairments of investments, goodwill, and write-offs related to the company's UK investments; impairments and write-offs linked to legacy real estate assets; valuation adjustments causing losses from an associated company; the recognition of a deferred tax liability due to new corporate tax laws in the UAE; write-offs from a revised land valuation in the UAE; and fair value losses from investments in public market securities and managed investments.
SHUAA Capital p.s.c., a financial investment company based in Dubai and regulated by the U.A.E. Securities and Commodities Authority, has announced the postponement of its Board of Directors meeting initially scheduled for tomorrow. The meeting will now take place at 3:00 pm on Tuesday, March 24, 2026, to discuss the same agenda items previously disclosed. This decision was made due to current circumstances, as communicated by Islam Mahrous, the Chief Compliance Officer.
SHUAA Capital p.s.c., a financial investment company licensed and regulated by the U.A.E. Securities and Commodities Authority, has scheduled a Board of Directors meeting on Tuesday, March 17, 2026, at 1:00 pm. The agenda includes reviewing and adopting the company's consolidated audited financial statements for the year ending December 31, 2025, considering the call for the annual general meeting for 2025, subject to regulatory approvals, and discussing other business-related matters. The meeting will be attended by Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market. The announcement was made by Islam Mahrous, the Chief Compliance Officer.
SHUAA Capital p.s.c., a financial investment company based in Dubai and regulated by the U.A.E. Securities and Commodities Authority, has announced the resignation of Mr. Anil Dixit, the Head of Asset Management, due to personal reasons. This notification was addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, by Islam Mahrous, the Chief Compliance Officer of SHUAA Capital.
SHUAA Capital P.S.C. is a financial investment company headquartered in Dubai, United Arab Emirates, at The H Hotel Dubai, Office Tower, Level 15, Office No. 1502. The company is licensed and regulated by the U.A.E. Securities and Commodities Authority, with a commercial license number of 200219. Established on April 25, 1979, SHUAA Capital has a paid-up, subscribed, and authorized capital of AED 3,659,022,945. The Chairman of the Board is Badr Al-Olama, and the Group Chief Executive Officer is Nabil Al Rantisi. The company's external auditor is Crowe Mak. For inquiries, they can be contacted via phone at +971 4 330 3600, fax at +971 4 330 3550, or email at ir@shuaa.com.
SHUAA Capital p.s.c., a financial investment company based in Dubai and regulated by the U.A.E. Securities and Commodities Authority, held a Board of Directors meeting on February 13, 2026. During the meeting, the board reviewed the company's financial performance and approved the preliminary unaudited and unreviewed consolidated financial results for the year ending December 31, 2025. They also addressed other customary business-related matters. The meeting agenda had been previously disclosed on February 10, 2026. The communication was signed by Islam Mahrous, the Chief Compliance Officer.
SHUAA Capital p.s.c., a financial investment company based in Dubai and regulated by the U.A.E. Securities and Commodities Authority, announced that its Board of Directors will meet on Friday, February 13, 2026, at 4:30 pm. The meeting agenda includes the adoption of the company's preliminary unaudited and unreviewed consolidated financial statements for the year ending December 31, 2025, and other business-related matters. The notice was issued by Islam Mahrous, the Chief Compliance Officer.