SHUAA Capital

SHUAA Capital is a prominent financial services firm headquartered in Dubai, UAE, with a legacy dating back to 1979. Following its merger in 2019, it operates as a leading asset management and investment banking platform with approximately US$14 billion in assets under management. The firm has a diverse range of offerings, including comprehensive asset management services that focus on public and private markets, real estate, and alternative investment strategies. SHUAA Capital also excels in investment banking, providing corporate finance advisory, transaction services, and assistance with capital markets, including equity and debt securities. It has played a significant role in facilitating sukuk issuances and enhancing market liquidity in the region. The firm is regulated by the Emirates Securities and Commodities Authority, ensuring compliance with financial regulations. SHUAA Capital serves a broad clientele, including financial institutions and regional small and medium enterprises, aiming to foster growth and investment in the Middle East and North Africa.

Ross Abbott

Managing Director - Head of Capital Markets

Jassim Alseddiqi

Group CEO

Jamil Brair

Director

Fawad Tariq Khan

Group CEO

Gunshyam Kripa

Finance Director

8 past transactions

Yabi

Seed Round in 2023
Yabi is a fintech company that offers a financial education platform aimed at employees in the Middle East. Through its mobile application, Yabi provides users with essential information on various financial products, including credit cards, personal loans, car loans, bank accounts, mortgages, insurance, and mobile and broadband plans. The platform is designed to empower users by enhancing their financial literacy and helping them make informed decisions regarding their financial wellbeing.

Souqalmal

Acquisition in 2022
Souqalmal.com is the leading financial comparison site in the Middle East with operations in Saudi Arabia, Bahrain and the UAE. The company has empowers customers to make decisions on their best deal on credit cards, mortgages, personal loans and insurance products. The company has raised 3 rounds of fundraise and over USD 12M to date. Shareholders include major comparison site GoCompare from the UK, Hummingbird Ventures, Riyadh Taqnia Fund, 500 Start up amongst others. Multiple awards from the Best Online Business of the Year by Gulf Capital to The UAE start up of the Year by Forbes, the company has thrived and grown its insurance business 7X in 3 years.

Anghami

Post in 2022
Anghami is a music streaming application founded in 2011 and headquartered in Jounieh, Lebanon. It provides users in the Middle East and North Africa with access to a vast catalog of Arabic and international music, allowing for both streaming and offline downloads. The platform features licensed content from major Arabic music labels, including Rotana, Melody, and Platinum Records, as well as international labels such as Universal, Sony, and Warner. Anghami aims to cater specifically to the musical tastes of its regional audience, and it has established a strategic partnership with MBC Group to enhance its offerings. As the largest digital music venture in the region, Anghami continues to expand its catalog by licensing new content from various artists and distributors.

SkyCell

Series C in 2021
SkyCell AG specializes in designing and manufacturing temperature-controlled containers tailored for the pharmaceutical industry. Founded in 2013 and headquartered in Zurich, Switzerland, the company focuses on ensuring the safe transport of temperature-sensitive goods. Its product lineup includes various models such as SkyCell 2500C, SkyCell 2500CRT, SkyCell 1500C, SkyCell 1500CRT, SkyCell 770C, and SkyCell 770CRT. Equipped with Internet of Things (IoT) sensors, these containers connect to SkyCell's data cloud, enabling real-time monitoring and intervention to prevent temperature excursions. Additionally, the company's software leverages blockchain technology to enhance tracking and visibility throughout the supply chain. SkyCell is committed to sustainability and reducing carbon emissions while addressing logistical challenges faced by global pharmaceutical companies.

Pure Harvest Smart Farms

Debt Financing in 2021
Pure Harvest Smart Farms is a Dubai-based company specializing in the production and sale of organic tomatoes and other premium fruits and vegetables. It operates in the challenging climates of the Arab Gulf region by utilizing advanced controlled-environment agriculture technologies. The company focuses on sustainable agricultural practices to ensure year-round availability of fresh produce while maintaining high quality at affordable prices. Pure Harvest employs a proprietary semi-closed climate-controlled growing system that optimizes temperature and moisture, supporting the growth of its crops in modern glasshouses. The firm aims to meet the increasing demand for healthy food options in the region through innovative cultivation methods.

Anghami

Venture Round in 2021
Anghami is a music streaming application founded in 2011 and headquartered in Jounieh, Lebanon. It provides users in the Middle East and North Africa with access to a vast catalog of Arabic and international music, allowing for both streaming and offline downloads. The platform features licensed content from major Arabic music labels, including Rotana, Melody, and Platinum Records, as well as international labels such as Universal, Sony, and Warner. Anghami aims to cater specifically to the musical tastes of its regional audience, and it has established a strategic partnership with MBC Group to enhance its offerings. As the largest digital music venture in the region, Anghami continues to expand its catalog by licensing new content from various artists and distributors.

Amwal International Investment Co

Funding Round in 2017
Amwal is a private equity firm specializing in investments in developmental projects. The firm prefers to invest in the Middle East and North Africa (MENA). It considers investments in various sectors. The firm also invests in opportunistic short and mid-term deals in different investment classes such as equities.

Khaleeji Commercial Bank

Funding Round in 2016
Khaleeji Commercial Bank BSC, established in 2004 and based in Manama, Bahrain, is recognized as one of the leading Islamic banks in the region. The bank offers a diverse range of banking and investment products tailored for retail customers, high net worth individuals, corporate entities, and financial institutions. Its operations are divided into two main segments: Corporate and Retail Banking, and Investment Banking. Khaleeji Commercial Bank provides various services, including Mudharaba, savings and current accounts, fund transfers, consumer finance, wealth management, and project financing. Additionally, it offers structured investment products, online and SMS banking, and personal finance solutions. In the investment banking sector, the bank engages in deal structuring, private placements, fund administration, and strategic investments. With a commitment to Shari'a compliance, Khaleeji Commercial Bank aims to deliver a comprehensive and ideal banking experience while continuously building trust with its shareholders and clients. The bank operates through 11 branches across Bahrain.
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