SHUAA Capital psc reported accumulated losses of AED 932 million for Q1 2025, with an accumulated losses to capital ratio of 25.47%. The losses are primarily due to fair value losses from impairments of investments, goodwill, and receivable write-offs related to investments in the UK, as well as impairments and write-offs associated with legacy real estate assets. Additional losses stem from valuation adjustments of an associate's underlying asset, the recognition of a deferred tax liability due to new corporate tax laws in the UAE, and receivable write-offs following a revision of land valuation in the UAE. The company also experienced fair value losses from investments in public market securities and managed investments. To address these losses, SHUAA Capital is developing a 5-year plan aimed at business growth and value creation. This includes launching new investment funds, reactivating their investment banking platform, and implementing a lean operating structure to improve cost efficiencies.

SHUAA Capital reported a net profit of AED 196 million for the first quarter of 2025, marking a significant turnaround from a net loss of AED 161 million in the previous quarter. This improvement is attributed to the successful execution of a capital optimization strategy, which included reducing debt by over 60%. The company also achieved a 46% revenue growth, with contributions from all business segments. SHUAA's leadership expressed confidence in the company's future growth and its ability to deliver sustainable value to shareholders. Key financial metrics showed improvements in revenue, net operating income, and cost-income ratio compared to the previous quarter.

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority under license number 630307 and commercial license number 200219, has its main office located at The H Hotel, Office Tower, 15th Floor, Office No. 1502, Dubai, UAE. The company can be contacted via phone at +971 (4) 330 3600 or fax at +971 (4) 330 3550. On May 16, 2025, Shuaa Capital's Board of Directors approved, by circulation, the adoption of the company's consolidated and audited financial statements for the period ending March 31, 2025. The notification was addressed to Mr. Hamid Ahmed Ali, CEO of the Dubai Financial Market. The announcement was signed by Islam Mahrous, the Chief Compliance Officer.

شعاع كابيتال ش.م.ع. هي شركة استثمار مالية مرخصة تحت رقابة هيئة الأوراق المالية والسلع في الإمارات العربية المتحدة. يقع مكتبها الرئيسي في دبي، وتحديداً في فندق "ذا إتش"، برج المكاتب، الطابق 15، مكتب رقم 1502. في 13 مايو 2025، أُبلغ السيد حامد أحمد علي، الرئيس التنفيذي لسوق دبي المالي، بنتائج اجتماع مجلس إدارة الشركة. خلال الاجتماع، نوقشت أمور متعلقة بأعمال الشركة واتخذت القرارات المناسبة بشأنها. كما تم تحديد يوم الخميس، 15 مايو 2025، لاعتماد البيانات المالية الموحدة والمراجعة للفترة المنتهية في 31 مارس 2025.

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, has its headquarters located at The H Hotel, Office Tower, 15th Floor, Office No. 1502, Dubai, UAE. The company is addressing Mr. Hamid Ahmed Ali, the CEO of the Dubai Financial Market, in a letter dated May 12, 2025. The letter informs shareholders that the agenda item concerning the approval of the company's consolidated and audited financial statements for the period ending March 31, 2025, has been postponed. The company's board of directors will make decisions on this matter by circulation on May 15, 2025. The letter is signed by Islam Mahrous, the Chief Compliance Officer.

شعاع كابيتال ش.م.ع هي شركة استثمار مالية مرخصة وخاضعة لرقابة هيئة الأوراق المالية والسلع في الإمارات العربية المتحدة. يقع مكتبها الرئيسي في برج المكاتب بفندق "ذا إتش" في دبي. تم تحديد موعد اجتماع مجلس إدارة الشركة في 13 مايو 2025 لمناقشة اعتماد البيانات المالية الموحدة والمراجعة للفترة المنتهية في 31 مارس 2025، بالإضافة إلى أمور أخرى متعلقة بأعمال الشركة.

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, held its annual general meeting today at 3 PM. During the meeting, shareholders voted on several decisions. A special resolution to amend Article 17 of the company's Articles of Association, which would have increased the number of board members from five to seven, was rejected. Ordinary resolutions included the approval of the Board of Directors' report on the company's activities and financial position for the fiscal year ending December 31, 2024, the auditor's report for the same period, and the company's balance sheet and profit and loss account. Additionally, the proposal by the Board of Directors not to distribute cash dividends for the fiscal year ending December 31, 2024, was approved.

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, has announced the postponement of its annual general meeting due to a lack of quorum. The rescheduled meeting will take place on Wednesday, April 30, 2025, at 3:00 PM at the company's headquarters on the 32nd floor of Al Khatem Tower, Al Maryah Island, Abu Dhabi. Shareholders have the option to attend remotely via electronic participation.

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority under license number 630307 and commercial license number 200219, has released a final list of candidates for its Board of Directors. The candidates are Mr. Ahmed Abdul Rahman Jamshir, Mr. Fahad Abdul Qader Al Qassim, and Mr. Ahmed Khalifa Al Qubaisi, all of whom are independent, non-executive members. This list will be published on the company's website and presented during the general assembly meeting. The announcement is addressed to Mr. Hamad Ahmed Ali, CEO of the Dubai Financial Market.

The Board of Directors of SHUAA Capital psc has announced an extension of the nomination period for membership on the company's Board of Directors until April 16, 2025. Eligible individuals or shareholders can apply by submitting their applications to the company's management at its head office in Dubai, UAE. Applicants must include a résumé and specify the type of membership they are seeking. The election is for two board members, and candidates must meet the criteria outlined in relevant laws and the company's Articles of Association. Candidates must also provide specific documents and cannot transfer their nomination to another person after the nomination period ends. The company will publish the names and information of candidates on its website and at its main office on April 21, 2025, and will submit the candidate list to the Securities and Commodities Authority and Dubai Financial Market after the nomination period closes.

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, announced the activation of its capital increase on the Dubai Financial Market. The capital increase was activated on April 11, 2025, after trading hours, with trading on the new shares starting on April 14, 2025. The previous capital was AED 2,535,720,000, which increased by 44.3% to AED 3,659,022,945. There is a 14-month trading restriction on the new shares, ending on May 27, 2026. The announcement was addressed to Hamid Ahmed Ali, CEO of the Dubai Financial Market, and signed by Islam Mahrous, the Chief Compliance Officer.

Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority, announced the activation of an increase in its capital following the approval from its general assembly meeting on February 17, 2025. This increase results from the mandatory conversion of bonds into shares. The company has completed all requirements for the capital increase from the regulatory authority. The activation date for the capital increase on the Dubai Financial Market is April 11, 2025, after trading hours, and trading on the new shares will begin on April 14, 2025. The capital will increase from AED 2,535,720,000 to AED 3,659,022,945, marking a 44.3% increase.