Shuaa Capital operates in the Security brokers and dealers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shuaa Capital with three other
financial institutions in Middle East:
National Investments Co KSCP
of KUWAIT
(2020
sales of 10.07 million Kuwaiti Dinars [US$33.47 million]
of which 57%
was Asset Management & Advisory),
Kuwait Financial Centre KPSC
of KUWAIT
(14.07 million Kuwaiti Dinars [US$46.75 million]
of which 75%
was Asset Management), and
Global Financial Investments SAOG
which is
based in OMAN
(13.62 million Omani Rial [US$35.39 million]
).
Sales Analysis.
Sales were up sharply during the first
quarter of 2021 versus the previous year's first quarter.
During the first
quarter of 2021, sales at Shuaa Capital totalled
107.44 million UAE Dirham.
This is
an increase of 341.6%
from the 24.33 million UAE Dirham in sales at the company during the first quarter of 2020.
Shuaa Capital reported sales of 320.81 million UAE Dirham (US$87.34 million)
for the
year ending
December of 2020.
This
represents
an
increase of 6.3%
versus 2019, when the company's sales were 301.82 million UAE Dirham.
This was the third consecutive year of growth at Shuaa Capital.
Sales of Corporate saw an increase
that was more than double the company's growth rate: sales were up
772.6% in 2020, from
41.78 million UAE Dirham to 364.60 million UAE Dirham.
Shuaa Capital also saw significant increases in sales in
Investment Banking (up 23.4% to 25.54 million UAE Dirham)
.
Not all segments of Shuaa Capital experienced an increase in sales in 2020:
sales of Asset Management fell 31.1% to 148.38 million UAE Dirham.