INVESTMENT BANKING

SHUAA’s Investment Banking group serves institutional clients across the MENA region

Introduction to
Investment Banking

SHUAA’s Investment Banking group serves institutional clients across the MENA region. Our core advisory practice helps companies raise capital to strengthen and grow their businesses; provides advice on mergers, acquisitions and disposals; and underwrites equity and debt capital market transactions.

This is complemented by our sales and trading platform, where SHUAA specialises in making markets in fixed income and a range of credit products as well as offering a global equities execution capability and securities services.

We pride ourselves on our innovative approach to structuring solutions for complex situations and above all the quality of work we deliver. We operate as an integrated investment bank across our advisory and capital markets platform which allows us to respond to factors affecting value and funding risks for our clients.

Over the course of the last 3 years, SHUAA has successfully completed over USD 5 billion in landmark transactions, advising on raising new funds (both debt and equity), re-financings of existing debt, raising of high-yield debt (including SUKUKs and bonds) and other hybrid structures, SPAC structured capital market transactions on Nasdaq in New York, as well as reverse listings/mergers in the UAE.

01

Advisory

02

Financing

03

Sales & Trading

04

Securities Services

Investment Banking has been at the core of SHUAA’s offerings over the last 43+ years in the region.

The firm has always led from the forefront with respect to investment activity in the region. With the deepening of capital markets across the UAE in the early 2000s, SHUAA structured, led and executed some of the largest IPOs at the time. This track record of localized technical expertise reinforced the foundation of our business which has always been focused on outstanding execution and, above all else, a relentless emphasis on professional excellence and integrity.

Since our inception 43+ years ago, we have carefully cultivated this enduring reputation by way of collaborating with all market participants, stakeholders and regulators, as well as constantly embracing innovation across public and private capital markets in order to fortify our position in the region.

Investment Banking

Advisory

Stanford Marine Group

on its acquisition of

USD 160,000,000

Sole Financial Advisor
March 2022

Anghami Inc.

on its listing on Nasdaq via
a SPAC merger with

USD 257,689,670

Financial Advisor
February 2022

YAS Holding LLC

PIPE investment in newly formed entity
created as a result of the merger between

and

USD 175,000,000

Sole Financial Advisor
December 2021

Dubai Parks and Resorts PJSC

Debt buyout offer from

USD 1,170,000,000

Financial Advisor
January 2021

PAL Cooling Holding LLC

on its merger with

USD 700,000,000

Sole Financial Advisor
May 2019

Alpha Lloyds Insurance Brokers LLC

Strategic sale to

Undisclosed Value

Sole Financial Advisor
February 2017

Amanat Holdings PJSC

Acquisition of a minority stake in

USD 40,000,000

Sole Financial Advisor
March 2016

Emirates National Group LCC

Strategic acquisition of

Undisclosed Value

Sole Financial Advisor
January 2016

ECM

IPOs & Rights Issues

Dar Al Takaful PJSC

Rights Issue of 50,000,000 rights for AED 1.02 per right on Dubai Financial Market

AED 50,000,000

Lead Manager and Underwriter
May 2017

Emirates NBD (CEIC) Limited

Initial Public Offering of 94,594,595 shares at USD 1.11 per share on NASDAQ Dubai

USD 105,000,000

Co-Lead Manager
March 2017

Dubai Parks and Resorts PJSC

Initial Public Offering of 2,528,731,083 shares at AED 1.00 per share on the Dubai Financial Market

AED 2,528,731,083

Co-Manager
December 2014

Amanat Holdings PJSC

Initial Public Offering of 1,375,000,000 shares at AED 1.00 per share on the Dubai Financial Market

AED 1,375,000,000

Offering Manager
November 2014

Emirates REIT (CEIC) Limited

Initial Public Offering of 147,977,941 shares at USD1.36 per share on NASDAQ Dubai

USD 201,250,000

Sponsor and Joint Bookrunner
April 2014

DCM

Bond, Sukuk & Convertible Offerings

Pure Harvest

Sukuk offering of
senior secured notes

USD 50,000,000

Lead Manager
March 2021

SHUAA Capital psc

Bond offering of senior unsecured notes

USD 150,000,000

Joint Lead Manager
October 2020

GFH Financial Group

Sukuk offering of senior
unsecured notes listed on LSE

USD 300,000,000

Joint Lead Manager
January 2020

The First Group

Sukuk offering of senior
secured notes listed on LSE

USD 135,000,000

Sole Lead Manager August 2019

Jabal Omar Development Company

Sukuk offering of unsecured notes

USD 135,000,000

Lead Arranger
November 2018

SHUAA’s investment banking team remains highly active, advising on several complex M&A, equity and debt capital market transaction in the year. The firm successfully navigated the challenging environment around the global pandemic, and we continue to focus on delivering landmark transactions on behalf of our clients.

In the year to date, SHUAA successfully acted as the lead financial advisor on Stanford Marine Group’s acquisition of Allianz Marine and Logistics Services Holding Ltd. The firm also acted as the financial advisor on Anghami’s listing on Nasdaq via a SPAC merger with Vistas Media Acquisition Company in February 2022 in a deal that was the first SPAC listing of its kind for a regional technology business. We continue to advise our clients on some of the most complex investment banking mandates and remain excited for the prospects of corporates seeking to raise capital in the region.

Our ambition is to remain the leading provider of complex capital structuring and financing solutions for our clients as they navigate a challenging economic backdrop and shifting market dynamics globally. Given the uncertainty across global markets, we believe the region is uniquely positioned to deliver sustainable long term stakeholder value.