Tuesday, 1 May 2012

SHUAA provides update on strategic progress ahead of first quarter earnings - bi-me.com

SHUAA Capital, a leading regional financial services company, today gives an update on its business turnaround activities ahead of the announcement of its Q1 2012 financial results to be published on 7 May 2012.

Commenting HH Sheikh Maktoum bin Hasher Al Maktoum, Executive Chairman of SHUAA Capital, said: “Ahead of the Q1 results I wanted to inform shareholders of the strategic progress we have made to reposition SHUAA Capital, since I was appointed Chairman this time last year.  We now have a clear direction, a significantly reduced cost base and a much higher degree of financial visibility.

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