07/02/2014 10:07 AST

SHUAA Capital today announces the appointment of Ahmed Al Qassim as a Non-Executive Director with immediate effect. Mr. Al Qassim, a UAE national, is the recently appointed Chief Executive Officer of Dubai Group.

HH Sheikh Maktoum Hasher Al Maktoum, Executive Chairman, SHUAA Capital, commented: “Mr. Al Qassim has a wealth of experience accumulated over his career in finance and banking. His experience and insight will be especially useful as the Board continues to direct SHUAA’s future development and build on the return to profitability. As our major shareholder, Dubai Group has already been supportive of our strategic transformation and we welcome Mr. Al Qassim’s appointment as a sign of increased confidence in SHUAA.”

Prior to his appointment at Dubai Group, Mr. Al Qassim was Director Investment Banking at Emirates NBD Capital, where he led both the Equity Capital Markets and Mergers and Acquisitions team. Previously he had been Head of Strategic Accounts at General Electric and Assistant Vice President of Structured Finance Originations, Mubadala-GE Capital. Mr. Al Qassim holds an MBA from the University of Victoria, Canada.

CPI Financial

Shuaa Capital to start construction on new tower by year-end


Shuaa Capital said it is aiming to begin construction on its recently-announced $400-million (Dh1.5 billion) tower by the end of this year, with residential sales expected to be launched in the first


Shuaa Capital plans mixed-use tower in Dubai


Shuaa Capital, a premier financial services company in the UAE, has revealed plans for a skyscraper that will be a new landmark in one of Dubai’s most dynamic and coveted neighbourhoods.

Trade Arabia

Shuaa Capital to manage development of Dh1.5b tower


Shuaa Capital on Tuesday announced that its real estate asset management division will be managing the development of a new mixed-use Dh1.5 billion skyscraper on Shaikh Zayed Road, Dubai.



Ticker Price Volume
QNBK 123.30 103,897
MMG 0.00 0
ARNB 24.06 13,626
SABIC 100.87 2,504,855
CHEMANOL 7.11 932,192
KCBK 12.00 1,889
BURUJ 34.50 110,831
SHUAA Sector Market
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
DFMC 1.13 -0.02 (-1.74%)
DIC 2.38 -0.01 (-0.42%)
WAHA 1.75 -0.02 (-1.13%)
GGICO 0.38 -0.01 (-1.30%)
QIC 1.31 -0.14 (-9.66%)
Etisalat: iPhone 8s to hit UAE stores on Saturday, September 23


Avid Apple consumers will have to wait until later next month to order the new iPhone X but etisalat announced on Friday that it will begin offering the new generation iPhone 8 starting Saturday, Sep

Gulf News

HSBC Saudi Arabia leads KSA’s first accelerated bookbuild


HSBC Saudi Arabia successfully led the execution of the first accelerated bookbuilding (ABB) process in the Kingdom with the sale of 16,000,000 shares in Almarai Company. The sale represents a 2 perc

Arab News

Tawuniya offers private motor insurance program


The Company for Cooperative Insurance (Tawuniya) has launched a comprehensive private motor insurance program. Al-Shamel program offers vehicle owners an insurance cover for any accidental loss or da

Arab News

It's awards season for A. Schulman and Sabic


Materials makers A. Schulman Inc. and Saudi Basic Industries Corp. each recently won awards for their customer service and for the quality of their materials.

Fairlawn, Ohio-based Schulman

Plastic News

Brand survey reveals loyalty levels among UAE banks


Emirates NBD inspires more customer loyalty than other UAE banks and has the highest trust levels in the country according to a new report released on Thursday.

The Bank Brands Customer Loya

Arab News