SHUAA Capital Reports Q2 2026 Net Profit of AED 9.1 Million and Revenue Growth of 15% QoQ
SHUAA Capital PSC (DFM: SHUAA), a pioneering regional financial services firm with more than 45 years of institutional expertise, today announced its financial results for the second quarter and six months ended 30 June 2026. The Group reported a net profit attributable to shareholders of AED 9.1 million for Q2 2026, compared to a net loss of AED 9.7 million in Q1 2026, supported by higher operational revenue, a gain on the settlement of other financial liabilities, and an improved contribution from investments in associates. Total revenue rose 15% quarter-on-quarter to AED 21.0 million, supported by the resumption of advisory activity and continued growth in trading income.
During the quarter, the Group continued to build out its capital markets platform, with the equity trading business launched earlier in the year contributing to trading revenue and advisory activity resuming after a subdued first quarter. The Group also progressed the strategic initiatives announced earlier in the year, including the memorandum of understanding with Gate Capital Financial Services LLC targeting consolidation of Saudi Arabia’s fuel retail sector and the partnership with Key Capital in the MENA venture capital secondaries market, further demonstrating the Group’s commitment to building a diversified and regionally relevant platform.
The Group’s balance sheet remained stable, with equity attributable to shareholders of AED 580 million and total equity of AED 556 million as of 30 June 2026.
Commenting on the Company’s results, Nabil Al Rantisi, Group CEO of SHUAA Capital, said: “Our Q2 2026 results mark an important milestone in our development trajectory, with the Group returning to profitability for the quarter. Revenue grew 15% quarter-on-quarter, advisory activity resumed, and our trading business continued to build momentum, while our asset management franchise delivered a solid operating profit”.
Nabil added “We are making steady progress in strengthening our platform and positioning the business for its next phase of growth. Our focus remains on optimizing the cost base in line with our revenue ambitions, while advancing constructive discussions around the restructuring and refinancing of our banking facilities. In parallel, we are actively pursuing differentiated opportunities that can enhance our earnings potential and build a leaner, more agile and resilient platform, well positioned to create sustainable long-term value for our shareholders”.
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