SHUAA Capital PSC

Shuaa Capital PSC, a licensed financial investment company, held a board meeting where several decisions were made. These include the approval of the company's consolidated financial statements for the period ending September 30, 2023, and the termination of appointment of Al Ramz Capital LLC as the liquidity provider for Shuaa's shares in the Dubai Financial Market effective from the day of the meeting. Other matters related to the company's operations were also discussed. The company's headquarters is located at "The H" Hotel, Office Tower, 15th floor, Office No. 1502, Dubai, United Arab Emirates.

SHUAA Capital p.s.c., a financial investment company based in Dubai, has issued an apology to its shareholders for the delay in publishing its financial statements for the period ending September 30, 2023. The company clarified that the financials were ready for publication since November 14, 2023, but the delay was due to the pending receipt of certain financial confirmations. The company's board has reaffirmed its commitment to disclose the financial results within a few days.

SHUAA Capital has appointed Wafik Ben Mansour as Acting CEO. Ben Mansour, who was previously a Managing Director at Credit Suisse for 15 years, joined SHUAA in May 2023, and will now lead the next phase of the company's capital optimisation process. This strategic leadership transition comes as the company seeks to create a growth platform and capitalise on market opportunities in the UAE and wider region. The former CEO, Fawad Tariq Khan, has stepped down for personal reasons after over a decade with the company.

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 appointment of Mr. Wafiq Ben Mansour as the Acting CEO. The decision was made by the board of directors and communicated to the Dubai Financial Market. The company's head office is located in The H Hotel Dubai, Office Tower, Level 15, Office No. 1502.

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 its Chief Executive Officer, Mr. Fawad Tariq Khan. Khan's resignation, due to personal reasons, was effective as of yesterday. He will serve a notice period of three months, during which he will assist in ensuring the smooth continuity of business activities. The announcement was made by Bachir Nawar, the company's Chief Legal and 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 has announced that its Board of Directors will pass a resolution on November 20, 2023, to appoint Mr. Wafik Ben Mansour as the Acting CEO. He will succeed Mr. Fawad Tariq Khan, who resigned from the position.