Monday 11 April 2011

Tunisian Financial Market Council lifts freeze on SHUAA's accounts in Tunisia

SHUAA Capital, the GCC region's leading financial institution, today announces that the Tunisian Financial Market Council has lifted the freeze on its brokerage accounts in Tunisia.

The Tunisian Financial Market Council previously ordered 123 firms in Tunisia to suspend their trading accounts, including SHUAA Capital, until it could confirm that there were no connections with individuals who are currently under investigation by the authorities in Tunisia. Based on documents provided by SHUAA Capital, the Tunisian Financial Market Council stated that all securities held by SHUAA Capital in Tunisia are fully owned by the firm and not by any individuals who are currently under investigation by the authorities in Tunisia.

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