Tag: SHUAA Capital
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SHUAA Capital delivers on next phase of capital optimisation plan
Company receives support of 93% of noteholders to extend maturity of existing USD 150 million bond until the end of Q1 2024 § SHUAA moving forward with the next phase of its capital optimisation process and rights issue plans, subject to necessary approvals United Arab Emirates, SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment…
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SHUAA Capital Announces Sale of Prime Business Bay Land to Danube Properties for AED 190 Million
United Arab Emirates, 5 July 2023: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, announced that it has arranged, on behalf of its subsidiaries and other investors, the sale of a prime plot of land in Business Bay, Dubai to Danube Properties for a total sale price of…
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Ellington Properties, SHUAA Capital and Sol Properties partner to develop prime waterfront property on Palm Jumeirah
Dubai, UAE; November 17, 2022: Ellington Properties, Dubai’s leading and award-winning design-led boutique developer, SHUAA Capital psc (DFM: SHUAA), the region’s leading asset management and investment platform through its real estate development arm, Northacre, and Sol Properties, the real estate development arm of Bhatia Group, have signed an agreement to develop a new residential project on the iconic Palm…
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SHUAA Capital delivers AED 20 million net profit in Q3 2022
United Arab Emirates, 11 November 2022: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, has announced its financial results for Q3 2022. In the third quarter, SHUAA and its subsidiaries (the “Group”) reported a net profit attributable to shareholders of AED 20 million compared to a net loss of…
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SHUAA Capital reports financial results for Q2 2022
Second quarter net operating income of AED 6 million compared to AED 24 million in Q1 2022 mainly due to lower trading revenues Net loss attributable to shareholders of AED 170 million in Q2 2022 compared to net income of AED 6 million in Q1 2022 Non-cash charges (mark-to-market of managed funds, provisions, and accelerated…
Opinion: By Mohamad Salman
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UAE Real Estate Between Market Freedom and Developers’ Race for Profits
By Mohammad Salman, Editor-in-Chief The UAE has succeeded over the past years in building one of the most active and attractive real estate markets in the world. Regulations have evolved, registration procedures have become easier, foreign investment has expanded, and investor confidence has grown significantly. In Dubai alone, the value of real estate transactions in the first quarter of 2026 reached around AED 252 billion, up 31% year on year, according to the Dubai Land Department. That figure reflects the strength of the market, the scale of liquidity, and the confidence the emirate has managed to attract. Abu Dhabi has…
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