What is SHUAA?
SHUAA Capital psc, originally established in 1979 as the Arabian General Investment Corporation (AGICO), is a veteran financial advisory and investment firm headquartered in Dubai, United Arab Emirates. Following a rebranding to SHUAA Capital in 2001 and a significant merger with Abu Dhabi Financial Group (ADFG) in 2019, the company has solidified its status as a leading integrated financial services platform. Listed on the Dubai Financial Market (DFM: SHUAA) and regulated by the Emirates Securities and Commodities Authority, SHUAA operates with a strong foundation in the Middle East and maintains offices in the United Kingdom. Its core business encompasses asset management and investment banking, serving a diverse clientele with comprehensive financial solutions.
How much funding has SHUAA raised?
SHUAA has raised a total of $300M across 1 funding round:
Debt
$300M
Debt (2025): $300M with participation from National Bank of Fujairah and Arab Petroleum Investments
Key Investors in SHUAA
National Bank of Fujairah
National Bank of Fujairah (NBF) is a UAE-based bank providing comprehensive personal and business banking services, focusing on understanding local markets and delivering tailored financial solutions. NBF is committed to supporting both individual and corporate clients with innovative banking products and exceptional service.
Arab Petroleum Investments
The Arab Petroleum Investments Corporation (APICORP) is a multilateral development financial institution that supports and fosters the development of the Arab world's energy sector and petroleum industries through equity investments, project finance, trade finance, and advisory services.
What's next for SHUAA?
The substantial enterprise-level funding and strategic investment indicate SHUAA's trajectory towards further scaling its operations and enhancing its service offerings. This capital infusion is expected to fuel strategic initiatives, potentially including market expansion, technological advancements, and the development of new financial products. As one of the oldest and most established financial advisory firms in the Middle East, SHUAA is well-positioned to leverage this investment to strengthen its competitive advantage and capitalize on emerging opportunities within the dynamic financial landscape of the region and beyond.
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