Dubai - 29 June 2010: SHUAA Capital today confirms that Mohammed Ali Yasin, CEO of SHUAA Securities, the brokerage arm of SHUAA Capital, will be leaving the Company at the end of August 2010. A replacement will be announced shortly.

Mohammed Yasin joined SHUAA as a result of the acquisition of Emirates Securities in 2006. During his tenure at SHUAA Securities, Mr. Yasin has brought leadership and success to our brokerage business. We thank him for his dedication and contribution to building a premier regional trading hub, which remains an important cornerstone of the One SHUAA strategy going forward.

SHUAA's brokerage business is one of the most established and respected firms in the GCC region with over 127 employees. The Firm provides local, regional and international investors with access to all major Arab stock markets. For the year 2009, SHUAA ranked as the second largest broker in the UAE with a market share of 5.27%. We believe that SHUAA Securities is ideally placed to take advantage of the forecast growth across regional markets and that we have the brand, talent and management commitment to create the leading regional brokerage platform.

-Ends-

About SHUAA Capital psc:
www.shuaacapital.com
SHUAA Capital psc maintains a leadership position in Investment Banking, Asset Management, Brokerage, Private Equity, Finance and Research. Headquartered in Dubai, in the United Arab Emirates, SHUAA Capital has a regional presence with offices in Abu Dhabi, Riyadh, Doha, Cairo, Beirut and Istanbul.

Embedded in the dynamic economic environment of the Gulf Cooperation Council (GCC), SHUAA Capital provides a broad range of financial services to corporations, governments, institutional clients, and high net worth individuals.

Since 1979, SHUAA Capital has played a prominent role in shaping the financial services landscape of the GCC and will continue to be at the vanguard of regional integration into global financial markets.

For more information, please contact:
Oliver  C.  Schutzmann      
Chief Communications Officer
SHUAA CAPITAL psc
Level 2, West Wing, The Gate Building
Dubai International Financial Center
P.O. Box 31045, Dubai - UAE
Tel:   +971 4 3199 872
Fax:  +971 4 3303 550
Mob: +971 506405722
Email: oschutzmann@shuaacapital.com

Tarek S. Fleihan                                    
Senior Associate -
Corporate Communications
SHUAA CAPITAL psc
Level 2, West Wing, The Gate Building
Dubai International Financial Center
P.O. Box 31045, Dubai - UAE
Tel:   +971 4 3199 874
Fax:  +971 4 3303 550
Pager: +971507080571
Email: tfleihan@shuaacapital.com

© Press Release 2010