SHUAA Capital Signs An Agreement Exiting Non-Core Businesses #Dubai - Dubai City Guide
Guest Posts, Link Building, SEO, Pay-Per-Click campaigns
Advanced Search
Home / News / News Archive
News Archive
   

SHUAA Capital Signs An Agreement Exiting Non-Core Businesses
(8 September 2019)
IHC is an investment holding company with diverse interests, listed on the Abu Dhabi Securities Exchange


 

SHUAA Capital psc (SHUAA), the UAE-based financial services group which recently completed a transformational merger with Abu Dhabi Financial Group L.L.C. (ADFG), today announced that it has agreed to sell its SHUAA Securities brokerage and market-making businesses in the UAE to IHC RSC Ltd, a subsidiary of International Holdings Company (IHC), pending regulatory approvals. IHC is an investment holding company with diverse interests, listed on the Abu Dhabi Securities Exchange.

Under the terms of the all-cash deal, IHC will acquire the operations of both businesses, which currently function as stand-alone business units within SHUAA. This sale is part of the strategy of the combined entity to exit non-core businesses and focus on Asset Management and Investment Banking. 

We accept Guest Posts


DubaiCityGuide.com is owned and managed by Cyber Gear



  All fields are mandatory
Your Name
Email
City
Country
Your Comments
 Max 250 characters - Word Count :
Image Verification
Change Image

     
 
email print
 

Sponsored By : PressReleaseNetwork.com           Sponsored Opportunities

       
       
   
       

Hotels hotels Check out Hotels in Dubai
Shopping shopping A complete Mall & Store Guide
Dining dining Eating out at the coolest spots
Sightseeing sightseeing Things to see & do
DCG Recommends dcg recommends Best of the best in Entertainment
News Alerts
News Alerts
Stay ahead with dubai news
dcg mobile
dcg Mobile
With you wherever you go
rss feed
RSS Feeds
Get the latest
dubai blog
Dubai Blog
Your space, your voice
sitemap
Sitemap
DCG at a glance