Sunday 1 May 2016
 
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Shuaa

Dubai solar park project Phase II 'on track'

The second phase of the Dh1.2 billion ($326.6 million) Mohammed bin Rashid Al Maktoum Solar Park, one of the park's current project in Dubai is on track to be operational by April next year, according to a top official.  

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Dubai solar park project Phase II 'on track'

The second phase of the Dh1.2 billion ($326.6 million) Mohammed bin Rashid Al Maktoum Solar Park, one of the park's current project in Dubai is on track to be operational by April next year, according to a top official.  

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Shuaa's Saudi hotel projects nearing completion

Leading UAE investment bank Shuaa Capital said two of its principle hotel projects in Saudi Arabia - the Centro Shaheen by Rotana hotel in Jeddah and the Centro Waha by Rotana hotel in Riyadh - are nearing completion. The handover

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Shuaa's Saudi hotel projects nearing completion

Leading UAE investment bank Shuaa Capital said two of its principle hotel projects in Saudi Arabia - the Centro Shaheen by Rotana hotel in Jeddah and the Centro Waha by Rotana hotel in Riyadh - are nearing completion. The handover

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Shuaa Capital sees drastic drop in H1 net profit

Dubai-based Shuaa Capital saw a drastic decline in half yearly net profit, recording Dh100,000 ($27,225) as opposed to Dh14.4 million ($3.9 million) for the first half 2014. However, second quarter revenues climbed to Dh59.7 million ($1

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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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