Dubai's Shuaa completes deal to grow assets to over $1.2bn

Shuaa Capital has announced the completion of its acquisition of Integrated Securities (IS) and Integrated Capital (IC), following final approval by the Emirates Securities and Commodities Authority and the UAE Central Bank. Shuaa said its assets under management (AuMs) will effectively grow to about AED4.5 billion ($1.23 billion) following the…