Dubai – Mubasher: Mohammed bin Ahmed bin Saeed Al Qasimi has become one of the major shareholders in SHUAA Capital, according to a statement.
Al Qasimi owns a 6.80% stake in the group, equivalent to 72.42 million shares.
The company’s stock rose 5.35% to AED 1.97 by 1:28pm UAE time, generating AED 67.51 million.