SHUAA Capital PSC

Logotype for SHUAA Capital PSC
Ticker/ISIN
SHUAA
AES000101015
Market/Country
Dubai Financial Market
United Arab Emirates

About SHUAA Capital PSC

Country of Origin: United Arab Emirates (U.A.E)

SHUAA Capital P.S.C. is a Public Shareholding Company established in Dubai, United Arab Emirates, pursuant to Emiri Decree No. 6 of 25 April 1979 and in accordance with the Federal Law No. (8) of 1984 (as amended).

 

SHUAA Capital P.S.C. (“SHUAA“) is a leading asset management and investment banking platform, recognized for its strong track record and pioneering approach to investing through a differentiated, innovative and global product offering focused on public and private markets, debt and real estate.  The asset management segment, one of the region’s largest, manages real estate funds and projects, investment portfolios and funds in the regional equities, fixed income and credit markets; it also provides investment solutions to clients, with a focus on alternative investment strategies. The investment banking segment provides corporate finance advisory, transaction services, private placement, public offerings of equity and debt securities, while also creating market liquidity on OTC fixed income products. SHUAA is regulated as a financial investment company by the Emirates Securities and Commodities Authority.

Latest Pressrelease Summaries from SHUAA Capital PSC

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.
SHUAA Capital (PJSC) has announced the opening of nominations for its Board of Directors from April 3 to April 13, 2025. Shareholders who meet the eligibility criteria can apply for board membership by submitting a brief resume and specifying the type of membership they are seeking (executive/non-executive or independent/non-independent) to the company's management at their Dubai office. Two board positions are available, and nominations are open for 10 days as per the guidelines set by the Securities and Commodities Authority. Candidates must meet the conditions outlined in Federal Law No. 32 of 2021, the company’s Articles of Association, and other relevant regulations. Required documents must accompany the application, and candidates cannot transfer their nomination rights after the nomination period closes. Candidate information will be posted on the company’s website and office bulletin board on April 21, 2025, and the list will be submitted to the Securities and Commodities Authority and Dubai Financial Market.
Shuaa Capital PSC, a licensed financial investment company regulated by the Securities and Commodities Authority under license number 630307 and commercial license number 200219, is headquartered in Dubai, UAE. The company's board of directors invites shareholders to attend the annual general meeting on Thursday, April 24, 2025, at 3:00 PM. The meeting will take place at the company's premises on the 32nd floor of Al Khatem Tower, Al Maryah Island, Abu Dhabi, with an option for shareholders to participate electronically. The agenda includes a special resolution to amend Article 17 of the company's articles of association to increase the number of board members from five to seven. Ordinary resolutions include reviewing and approving the board of directors' report on the company's activities and financial position for the fiscal year ending December 31, 2024, and the auditor's report for the same period.

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News Update From SHUAA Capital PSC

Disclosure: Board Decisions by Passing

Shuaa Capital PSC, headquartered at The H Hotel, Office Tower, 15th Floor, Office No. 1502, P.O. Box 54013, Dubai, UAE, is a licensed financial investment company regulated by the Securities and Commodities Authority under license number 630307 and commercial license number 200219. On July 10, 2024, Shuaa Capital informed Mr. Hamad Ahmed Ali, CEO of Dubai Financial Market, that the company's Board of Directors will make decisions by circulation on Tuesday, July 16, 2024. The agenda includes the approval of the consolidated and audited financial statements for the period ending March 31, 2024, and other company-related matters. The notice was signed by Islam Mahrous, the Chief Compliance Officer.

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News Update From SHUAA Capital PSC

Disclosure: Notification from the company

شعاع كابيتال ش.م.ع.، وهي شركة استثمار مالية مرخصة وخاضعة لرقابة هيئة الأوراق المالية والسلع في الإمارات العربية المتحدة، أعلنت عن تعيين السيدة روبيرتا كريس في منصب رئيس الدائرة القانونية اعتباراً من تاريخ 1 يوليو 2024.

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Dubai Financial Market News

News Update From SHUAA Capital PSC

Disclosure: Resolutions of General Assembly

Shuaa Capital PSC held its annual general meeting on June 28, 2024, at 10:00 AM. During the meeting, shareholders voted and approved several ordinary resolutions: 1. Approval of the Board of Directors' report on the company's activities and financial position for the fiscal year ending December 31, 2023. 2. Approval of the auditor's report for the fiscal year ending December 31, 2023. 3. Approval of the company's balance sheet and profit and loss account for the fiscal year ending December 31, 2023. 4. Approval of the Board of Directors' proposal not to distribute cash dividends for the fiscal year ending December 31, 2023. 5. Approval to discharge the following Board members from liability for the fiscal year ending December 31, 2023: - Fadel Al Ali - Andre Sayegh - Morshed Al Redaini

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News Update From SHUAA Capital PSC

Disclosure: Integrated report for the year 2023

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Dubai Financial Market News

News Update From SHUAA Capital PSC

Disclosure: Results of Board Decisions by Passing

شعاع كابيتال ش.م.ع، وهي شركة استثمار مالية مرخصة وخاضعة لرقابة هيئة الأوراق المالية والسلع، أعلنت أن مجلس إدارتها قد وافق على قرارات متعلقة بأعمال الشركة. المكتب الرئيسي للشركة يقع في فندق "ذا إتش"، برج المكاتب، الطابق 15، مكتب رقم 1502، دبي، الإمارات العربية المتحدة.

1. Attached Document

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Dubai Financial Market News

News Update From SHUAA Capital PSC

Disclosure: Board Decisions by Passing

Shuaa Capital PSC, headquartered at The H Hotel, Office Tower, 15th floor, Office No. 1502, P.O. Box 54013, Dubai, UAE, is a licensed financial investment company regulated by the Securities and Commodities Authority under license number 630307 and commercial license number 200219. The company has announced that its Board of Directors will make decisions by circulation regarding company matters on Friday, June 14, 2024. This information was communicated to Hamed Ahmed Ali, CEO of the Dubai Financial Market, by Islam Mahrous, Chief Compliance Officer.

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Dubai Financial Market News

News Update From SHUAA Capital PSC

Disclosure: Invitation of General Assembly

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Dubai Financial Market News

News Update From SHUAA Capital PSC

Disclosure: Notification from the company

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News Update From SHUAA Capital PSC

Disclosure: Detailed Analysis Accumulated Losses

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Dubai Financial Market News

News Update From SHUAA Capital PSC

Disclosure: Financial statements for the year of 2023

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