Shuaa Capital in talks to re-enter Egypt

29/08/2017 06:01 AST

Dubai-listed Shuaa Capital announced on Monday it was taking steps for its securities business to re-enter Egypt.

In a statement, Shuaa said it has formally begun discussions with Egyptian regulators in order to reintroduce its securities business into the Egyptian market.

The decision to restart brokerage operations in Egypt, which were suspended after the global financial crisis, is part of the group’s long-term growth strategy.

Shuaa said the decision reflects its belief in the fundamentals of the Egyptian market and the abundance of opportunities there.


Gulfnews

News

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News

Shuaa rising profits mask questions over provisions and commissions

02/03/2018

Shuaa last week announced profits of Dh74 million for 2017 versus a loss of Dh132m in 2016. Quite the turnaround. As always, it is important to examine such large differences in financial performance

The National

SHUAA Capital celebrates the launch of SHUAA Securities-Egypt

13/02/2018

SHUAA Capital, the United Arab Emirates-based premier financial services group, today held a press conference in Cairo to officiate the opening of its securities brokerage arm, SHUAA Securities-Egyp

Press Release

Most Viewed Companies

Ticker Price Volume
SABIC 114.77 5,915,941

Valuation

SHUAA Sector Market
P/E
Price/BookValue

Momentum

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

Top Related Companies

Ticker Price Change
DIC 2.10 -0.04 (-1.87%)
DFMC 1.04 0.01 (0.97%)
WAHA 1.94 -0.06 (-3.00%)
ALRAMZ 4.55 0.00 (0.00%)
GGICO 0.32 -0.01 (-2.42%)

Recent News

SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News

logo

Financial Information Co.

P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap