Monday 6 July 2015
 
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Shuaa

Shuaa unit to raise $163m syndicated loan

Gulf Finance Corporation, a wholly owned unit of Dubai's Shuaa Capital, plans to raise up to Dh600 million ($163 million) in syndicated loans this year, its chief executive said on Tuesday. The company will tap the loan market

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Cayan, Shuaa seal Dubai mixed-use project deal

Cayan Group, a leading real estate investment group, has joined hands with investment firm Shuaa Capital to set up a real estate development fund which will be used for the construction of a Dh1 billion ($272 million) residential and  hotel

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Shuaa unit eyes Saudi leasing market

Gulf Finance Corp, a wholly owned subsidiary of Dubai's Shuaa Capital, has obtaining a new operating licence from Saudi Arabian Monetary Agency (Sama) and will offer sharia-compliant leasing products in the kingdom. The licenc

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Gulf Finance Corp raises $136m loan

Gulf Finance Corporation (GFC), a unit of Shuaa Capital, has raised a Dh500 million ($136.1 million) loan which will be used to fund its growth in the UAE and Saudi Arabia, it said in a statement on Tuesday. The new 42-month facil

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Shuaa Capital revenues up 46pc in H1

Leading UAE investment bank Shuaa Capital has reported a 46.1 per cent increase in revenues totalling to Dh116.2 million ($31.6 million) in the first half of the year, as compared to Dh79.5 million in the same period last year. &n

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Able Logistics appoints Shuaa for IPO

Able Logistics Group, an integrated provider of freight forwarding, land transportation and warehousing services with a network of operations in the Middle East and Asia, today appointed Shuaa Capital as the exclusive financial advisor, lead man

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Able Logistics appoints Shuaa for IPO

Able Logistics Group, an integrated provider of freight forwarding, land transportation and warehousing services with a network of operations in the Middle East and Asia, today appointed Shuaa Capital as the exclusive financial advisor, lead man

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Shuaa names new non-executive director

Shuaa Capital has appointed Mohammad Kamran Wajid to the company’s board as a non-executive director.   Wajid is currently the chief executive officer of Emirates Financial Services and Emirates NBD Capital.

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Dubai Group chief joins Shuaa board

Leading UAE investment bank Shuaa Capital has appointed Dubai Group CEO Ahmed Al Qassim as a non-executive director with immediate effect. Prior to his appointment at Dubai Group, Al Qassim, an Emirati national, was the director f

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Shuaa posts third quarter profit

Shuaa, the Dubai-based investment bank, reported a third-quarter net profit on Wednesday driven by growth in its core asset management and lending business. Shuaa made a net profit of Dh3.6 million ($980,100) in the third quarter

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