UAE's leading brokerage firm rebrands to International Securities

International Securities, previously known as Shuaa Securities, is the leading broker in the UAE by trading value, and was acquired by IHC in 2019

  

Abu Dhabi, UAE: The UAE’s leading brokerage firm by trading value has rebranded from Shuaa Securities to International Securities, following its acquisition by International Holding Company (IHC) in 2019.

In 2020, the firm maintained the highest trading value amongst brokerage firms in the UAE, with a total volume of trading in the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) together that exceeded AED 57 billion, and a strong market share that exceeded 20%.

Founded in 2001, International Securities is a brokerage firm based in Abu Dhabi, regulated by the UAE’s Securities and Commodities Authority, specialising in equities and derivatives trading on ADX, DFM, and Nasdaq Dubai. It offers trading, execution, and research services to retail and high net worth individuals, and institutional clients, drawing on cutting-edge technology and expert personal service.

Syed Basar Shueb, CEO and Managing Director of IHC, said: “IHC’s Capital business is one of our highest-performing verticals and is an important pillar of our ambitious growth strategy. International Securities represents a successful homegrown company that has developed into a leading brokerage firm, and we see significant value potential in continuing to grow their business under the new name.”    

Ayman Hamed, CEO of International Securities, said: “Throughout the years, International Securities has been known for our quality, bespoke offerings, utilizing the latest in technology to ensure we remain at the forefront of the capital markets in the region and deliver on our promise of putting customers first. As we embark on 2021, we look forward to another year of more achievements and new products and services for our clientele under a fresh brand, accelerated by the strategic strength of our partner IHC.”

Listed on ADX since 2005, IHC is today a powerful holding company that has expanded its operations to encompass nine verticals including real estate, healthcare, food, and agriculture.

In the second half of last year, IHC and its subsidiaries have announced several new investments. These include Falcon CI IV LP, a fund that owns a stake in SpaceX, Elon Musk’s aerospace company; Oxford Nanopore, a high-tech UK SME with an innovative COVID-19 testing product; a partnership with DAL Group for significant agricultural development in Sudan; and Multiply’s acquisition of a stake in New York data-driven marketing firm YieldMo. IHC also listed three of its high-performing subsidiaries, Palms Sports, Zee Stores, and Easy Lease, on the ADX Second Market.

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases