Dubai – Mubasher: SHUAA Capital on Sunday announced that it has completed the establishment of a new subsidiary at the Abu Dhabi Global Market (ADGM) that will provide services regulated by the Financial Services Regulatory Authority (FSRA).
The new wholly-owned unit, SHUAA GMC Limited, has been established as a “CAT4 for Authorised Persons” company, SHUAA Capital said in a statement to the Dubai Financial Market (DFM).
It added that SHUAA GMC Limited will provide services including: arranging custody, advising on investments or credit, arranging deals in investments, and arranging credit.
