Shuaa Capital's net loss narrowed in the fourth quarter as the investment bank cut costs and quit unprofitable businesses to offset the impact of slumping global markets and Arab political unrest.
February 13, 2012 2:19
Shuaa Capital will lay-off 29 of its employees in the first phase of a planned redundancy program aimed at boosting profitability at the struggling Dubai-based investment bank, it said on Sunday.
December 4, 2011 9:51
The news is riddled with economic casualties yet recruitment agencies are saying jobs are everywhere. Is this really a case of looking for a job in all the wrong places?
November 23, 2011 3:34
Shuaa Capital, the Dubai-based investment bank struggling to boost revenues, plans "significant" job cuts as part of the second phase of the cost savings program it launched this year.
November 20, 2011 11:25
Shuaa aiming to complete one or more deals by year-end; Firm to use 'strong balance sheet' to invest in growth; Broker revenue shrinking in home market
September 15, 2011 10:34
Co posts 0.6 mln Q2 profit vs 56.6 mln loss in Q2 2010; Results aided by asset management business, cost cuts; Q2 includes 27.7 mln dirhams gains on other investments; Shares rise 5.3 percent in Dubai trade
July 26, 2011 11:26
Investment bank bets on growth as economic wheel continues to spin.
January 10, 2011 2:01
Abu Dhabi is the single largest site for Arabtec contracts this year.
June 22, 2010 9:18
Customer complains of attempt to hack email account after bank sends mass mail to Premier customers with 400 addresses visible in ‘To’ field.
April 25, 2010 6:13
Customer complains of attempt to hack email account after bank sends mass mail to Premier customers with 400 addresses visible in ‘To’ field.
April 25, 2010 2:50
Shuaa Capital share price tumbles 7.5 percent after investment bank posts quarterly loss.
February 7, 2010 7:24
The company posted a net loss of AED154.3 million ($42 million) in the fourth-quarter of the year.
February 6, 2010 11:52
Economy will also contract by 0.4 percent in 2010, according to Shuaa Capital.
January 18, 2010 12:01
In spite of the growing number of infrastructural deals, the private equity industry continues...
November 23, 2009 12:12
Dubai-based investment firm Shuaa Capital posted a net loss of AED259 million for the third quarter, down 40.9 percent...
November 1, 2009 1:34