The share of “Shuaa Capital” drops 4.5% in conjunction with the...

– direct: Shares of Shuaa Capital, listed on the Dubai Financial Market, fell today, Sunday, in conjunction with Appointment of the company as a consultant for the 500 Falcons 1 Fund.

According to stock exchange data, the stock fell by 4.52 percent, equivalent to 0.03 points, to a price of 0.62 dirhams, by 11:53 am UAE time.

Meanwhile, the stock witnessed the circulation of 27,312 thousand shares, worth 16,869 thousand dirhams, after executing three deals.

This morning, Shuaa Capital, represented by Jasim Al-Siddiqi, announced that it is a consultant in the Middle East and North Africa region for the “500 Falcons 1” fund of the “500” startups” Specialized in the early stages of risk capital.

She said that, under the leadership of Jassim Al-Siddiqi, she will focus on providing advisory services to Falcons 1 fund companies in financing and exit strategies, at a period when the fund in the Middle East and North Africa region approaches the end of its operations..

Nominations:

UAE banks increase their bond and equity investments in August

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