company traded as dfm shuaa industry financial services founded 1979 headquarters dubai united arab emirates key people his highness sheikh maktoum hasher al maktoum executive chairman hamad abdulaziz al sagar vice chairman revenue aed116 .2 million h1 2014 1 subsidiaries see below website www.shuaa.com shuaa capital dfm shuaa is a dubai based financial services provider . 2 the company was established in the united arab emirates in 1979 and has operations in the uae and saudi arabia . 3 shuaa is a public shareholding company regulated by the central bank of the united arab emirates and listed on the dubai financial market . it had a market capitalisation of 1 214 million as of 21 january 2014 . 4 shuaa focuses on four core areas asset management investment banking capital markets and credit . contents 1 history 2 business segments 2.1 asset management 2.2 investment banking 2.3 credit 2.4 capital markets 3 references 4 external links history edit shuaa was established in the uae in 1979 as the arabian general investment corporation agico 5 by emiri decree number 6 of hh sheikh rashid al maktoum . initially agico pooled capital from regional chambers of commerce and invested it across the region . the company was listed on the kuwait stock exchange in 1984 . 6 in 2000 it listed on the dubai financial market . 7 in 2001 agico completed a name and identity change to shuaa capital shuaa is the arabic acronym for arabian general investment company . 8 between the period of 2003 and 2007 shuaa was involved in a number of ipos for regional companies including arabtec 9 amlak finance 10 aramex 11 petrofac 12 air arabia 13 deyaar 14 and dp world 15 in 2007 shuaa opened offices in saudi arabia 16 and issued an aed 1.5 billion us 408.72 million convertible bond to dubai banking group which on maturity in october 2008 was to convert to 250 million shares representing a 32 per cent stake . 17 following the global economic downturn an agreement on the restructuring of the convertible bond with dubai banking group was reached on 2 september 2009 when 515 000 000 shares were issued to dubai banking group . the agreement was based on revised terms and in consideration for the extinguishment of the issued bond thus giving the dubai banking group a shareholding of 48.4 per cent in shuaa . 18 in 2010 shuaa embarked on a restructuring process which included divesting from non core assets and strengthening its balance sheet . 19 shuaa continued the restructuring of its cost base in 2011 under a management team led by hh sheikh maktoum hasher al maktoum 20 exiting its retail brokerage division and non core investments . 21 it also closed some regional branch and representative offices and refocused its research department for institutional clients . 22 as a result of the vast restructuring program shuaa turned a profit of aed 1.3 million 23 in the second quarter of 2013 . on january 13 2014 the company reported preliminary results for 2013 and a net profit of aed 2.8 million . 24 business segments edit asset management edit shuaa asset management is regulated by the dfsa . 25 it manages proprietary and third party funds as well as discretionary portfolios for high net worth individuals and institutions . 26 shuaa asset management s gateway fund 27 series hold the longest track records for equity funds in the region . 28 investment banking edit the investment banking team provides corporate finance advisory equity and debt capital markets mergers and acquisitions expertise private placements structured investments and other services . 29 credit edit shuaa s wholly owned subsidiaries gulf finance corporation gfc 30 and gulf installments company gic 31 provide smes in the uae and saudi arabia with access to funding through asset finance corporate deposits invoice finance financial guarantees and small business loans . capital markets edit shuaa s capital markets division 32 includes institutional sales and trading to it high net worth individuals family offices and institutional clients . capital markets provides global market access and execution portfolio advisory services settlement financing and margin facilities . references edit h1 2014 financial statement pdf . retrieved 11 may 2014 . company profile for shuaa capital psc shuaa . bloomberg . retrieved 2 october 2013 . http www.prnewswire.com news releases new shuaa strategy and logo presented to financial community 172953791.html shuaa dfm stock quote shuaa capital psc . bloomberg . http www.prnewswire.com news releases new shuaa strategy and logo presented to financial community 172953791.html http www.emirates247.com eb247 companies markets markets shuaa delists from kuwait bourse to boost liquidity 2009 01 08 1.98539 http www.emirates247.com eb247 companies markets markets shuaa delists from kuwait bourse to boost liquidity 2009 01 08 1.98539 http www.prnewswire.com news releases new shuaa strategy and logo presented to financial community 172953791.html http gulfnews.com news gulf uae general decks cleared for dh220m arabtec ipo 1.329411 http www.khaleejtimes.com displayarticle.asp xfile data business 2004 january business january367.xml & section business http gulfnews.com business investment logistics company aramex decides to launch ipo 1.337428 http www.ameinfo.com 70442.html http www.arabianbusiness.com air arabia soar says shuaa 147789.html http gulfnews.com shuaa capital allocates deyaar ipo shares 1.106976 http m.arabianbusiness.com dp world raises 5bn in gulf s biggest ipo 197104.html http www.emirates247.com eb247 companies markets shuaa gets licence for saudi operations 2008 03 12 1.213588 http gulfnews.com business banking shuaa capital gets ready to issue convertible bonds 1.106975 http www.thenational.ae business banking shuaa and dbg settle bond dispute http www.zawya.com story dubais shuaa capital back in black after restructuring gn 26072011 270722 http www.thenational.ae business industry insights finance fixer aims to revitalise the loss making dubai bank shuaa http www.bi me.com main.php id 59572 & t 1 http www.khaleejtimes.com darticlen.asp xfile data business 2012 february business february266.xml & section business mathew shaji 6 august 2013 . dubai s shuaa returns to profit after seven quarters of losses . bloomberg . http www.thenational.ae business industry insights finance turnaround in fortunes for uaes shuaa capital http www.difc.ae shuaa capital international ltd http www.eurekahedge.com news 07 may interview shuaa capital.asp http www.trustnetmiddleeast.com factsheets factsheet.aspx univ ma & fundcode atfg0 & pagetype mgmtinfo http www.menafn.com 1093757256 shuaas emirates gateway fund named best uae equity fund http www.thenational.ae business industry insights finance fourth boss in four years departs from dubai based shuaa capital http www.bi me.com main.php id 60459 & t 1 http gulfbusiness.com 2013 02 dubais shuaa launches saudi lease financing company http www.prnewswire.com news releases new shuaa strategy and logo presented to financial community 172953791.html external links edit shuaa capital retrieved from https en.wikipedia.org w index.php title shuaa capital & oldid 720793599 categories companies based in dubaicompanies listed on the dubai financial markethidden categories engvarb from august 2014use dmy dates from august 2014 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 18 may 2016 at 00 05 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view