SHUAA Capital embarked on a three-year growth plan in the year 2006 capitalizing on its industry-leading platform. We are building on existing strengths that are well matched against current and future market developments to roll out the company’s main business lines into other fast growing markets.

SHUAA Capital began the implementation of an active strategic acquisitions drive and undertook selective prime investments in the financial sector across GCC markets and beyond. Specifically, SHUAA Capital has:

• increased its majority stake in Emirates Securities, a leading brokerage firm in the UAE, to 95%
• upped its holding in Amwal, the leading Qatari investment banking firm, to 47%
• assumed effective control of a Kuwaiti holding company which we aim to reposition in the financial sector
• purchased a 20% stake in Baer Capital Partners, a DIFC-based entity with a broad mandate in investment management and private client businesses in India and GCC
• bought into Edelweiss Capital, a leading investment bank based in Mumbai, India

Our objective is to be well positioned to benefit from growth opportunities by having operations close to our clients and offices on the ground that provide a comprehensive suite of world class financial services.

As part of our strategy, we also aim to realize our full potential through measures such as the expansion of activities in leading businesses and the development of new products, including alternative investments, structured products and Shariah compliant investments.

We will continue to invest in attracting, developing and retaining the best talent available in order to expand our operations through organic growth. We will also focus on acquisitions, joint ventures and strategic alliances in businesses that fit our model and are in line with our growth strategy.