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Shuaa Capital profits surge ahead
- United Arab Emirates: Sunday, November 02 - 2003 at 08:15
Dubai based investment bank Shuaa Capital has posted a USD9.4m profit for the first half of its financial year, up from USD2.2m for the same period last year. Income from trading in securities rose three-fold and there were also three small private equity exits. Revenue grew by 180 per cent to USD19m.
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Peter J. CooperSunday, November 02 - 2003 at 08:15 UAE local time (GMT+4)
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