SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018 06:19 AST

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than 5 per cent stake in the bank at any point, Bank of Sharjah said in a statement posted on Abu Dhabi Securities Exchange's website.

Bank of Sharjah's net profit for 2017 fell 34 per cent to Dh265 million. Total assets stood at Dh30 billion, up 13 per cent, while total loans and advances were at Dh17 billion.


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Dubai-based Shuaa Capital reaches 'amicable' deal with major creditor

26/03/2025

The Dubai investment firm Shuaa Capital has gotten itself a big break after reaching an 'amicable' deal with one of its bigger creditors. This, the DFM-listed company said, will show up positively in

Gulfnews

Shuaa rising profits mask questions over provisions and commissions

02/03/2018

Shuaa last week announced profits of Dh74 million for 2017 versus a loss of Dh132m in 2016. Quite the turnaround. As always, it is important to examine such large differences in financial performance

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SHUAA Capital celebrates the launch of SHUAA Securities-Egypt

13/02/2018

SHUAA Capital, the United Arab Emirates-based premier financial services group, today held a press conference in Cairo to officiate the opening of its securities brokerage arm, SHUAA Securities-Egyp

Press Release

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