Press release regarding financial results for the first QTR of 2026

SHUAA Capital reported a narrowed net loss of AED 10 million for Q1 2026, a significant improvement from the AED 42 million loss in Q4 2025. The recovery was primarily driven by the absence of material non-recurring charges that impacted the previous quarter, signaling a stabilization phase following the Group's 2025 capital optimization initiatives.
Total operating revenue remained stable quarter-on-quarter at AED 18 million, supported by steady asset management fees and the expansion of the capital markets platform. The newly launched equity trading business saw revenue grow to AED 1.4 million from AED 0.4 million in the prior quarter, while the real estate segment saw a 24% year-on-year revenue increase to AED 5 million.
The Group maintained a disciplined balance sheet with total equity of AED 543 million and a debt-to-equity ratio of 0.75x as of 31 March 2026. Although the cost-to-income ratio rose slightly to 120% due to investments in staff and growth teams, overall expenditure remained aligned with the Group's restructuring budget.
Management highlighted strategic expansion through new regional partnerships, including a memorandum of understanding with Gate Capital t