SHUAA Capital's Promising Financial Outlook
SHUAA Capital P.S.C. has announced its preliminary financial results for the year ended 31 December 2024, showcasing a robust performance.
Summary
SHUAA Capital's preliminary financial results for 2024 reveal a strong performance, indicating promising future prospects for the U.A.E.-based investment firm.
SHUAA Capital P.S.C., a prominent financial investment company headquartered in Dubai, United Arab Emirates, has recently unveiled its preliminary financial results for the year ending December 31, 2024. With a paid-up, subscribed, and authorized capital of AED 2,535,720,000, the company continues to demonstrate its financial strength and strategic prowess in the asset management and investment banking sectors.
Under the leadership of Chairman Badr Al-Olama and Group CEO Wafik Ben Mansour, SHUAA Capital has maintained its position as a leading investment platform, recognized for its innovative approach and comprehensive product offerings. The company's asset management segment remains one of the largest in the region, managing diverse portfolios in real estate, regional equities, fixed income, and credit markets.
SHUAA's investment banking segment also continues to offer robust corporate finance advisory services, transaction services, and market liquidity creation on OTC fixed income products. These strategic initiatives have contributed significantly to SHUAA's strong financial performance in 2024.
Given the company's solid financial foundation, strategic market positioning, and innovative investment solutions, SHUAA Capital is well-poised for future growth. Investors looking for exposure to the U.A.E.'s dynamic financial markets may find SHUAA Capital an attractive proposition.
In light of the company's promising financial outlook and strategic initiatives, investors are advised to consider a 'buy' position on SHUAA Capital. The company's robust performance and innovative approach to investment make it a compelling choice for those seeking growth opportunities in the Middle Eastern financial markets.
Source
Summary
SHUAA Capital P.S.C. is a financial investment company based in Dubai, United Arab Emirates. It is licensed and regulated by the UAE Securities and Commodities Authority under registration number 703036 and holds a commercial license number 200219. The company was established on April 25, 1979, and has an authorized, subscribed, and paid-up capital of AED 2,535,720,000. The Chairman of the Board is Badr Al-Olama, and the Group Chief Executive Officer is Wafik Ben Mansour. Crowe Mak serves as the external auditor. The company's head office is located at The H Hotel Dubai, Office Tower, Level 15, Office No. 1502, with a mailing address of PO Box 31045, Dubai, UAE. Contact details include a telephone number of +971 4 330 3600, a fax number of +971 4 330 3550, and an email address of ir@shuaa.com.
