SHUAA was established in the UAE in 1979 as the Arabian General Investment Corporation (AGICO) by Emiri Decree. Initially, AGICO pooled capital from regional Chambers of Commerce and invested it across the region. In 2001, AGICO completed a name and identity change to SHUAA Capital - SHUAA is the Arabic acronym for Arabian General Investment Company. SHUAA Capital (SHUAA) merged with Abu Dhabi Financial Group (ADFG) in 2019 in a transformational merger, creating the leading asset management and investment banking platform in the region.
SHUAA focuses on asset management and investment banking within the financial services sector. The company offers a range of services, including public and private market investments, real estate fund management, and corporate finance advisory. SHUAA's headquarters is located at The H Hotel Dubai, Office Tower, Dubai. SHUAA Capital is publicly listed on the Dubai Financial Market (DFM) and is committed to driving growth and innovation within the regional financial landscape.
SHUAA Capital psc (DFM: SHUAA) is a leading asset management and investment banking platform, with c. USD 13 billion in assets under management and with offices throughout the Middle East and the United Kingdom. It employs 100 to 249 people and has 50M to 100M of revenue.
Recent Leadership News
Nabil Al Rantisi takes over on September 1 as Shuaa's Group CEO in place of Wafik Ben Mansour, who had been heading the company in an acting CEO capacity. Recent hires include Dominik Piotr as chief risk officer, Rami El Banna as head of marketing and investor relations, and Anil Dixit as head of asset management. SHUAA Capital appointed Badr Al Olama as the chairman of its board of directors and Nabil Ramadhan and Ahmed Al Ahmadi as the vice-chairman and managing director of the board respectively.
Facts compiled by Executive Moves from publicly available news and press releases on 22 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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