Shuaa Capital chairman Fadhel Al Ali departs at end of statutory term

Shuaa Capital chairman Fadhel Al Ali departs at end of statutory term

Dubai: Shuaa Capital announced the departure of Fadhel Al Ali at the end of his statutory term as chairman.

"Al Ali led Shuaa Capital through multiple phases of growth and his strong leadership played a significant role at key junctures in the Company’s development, including last week’s agreement with noteholders to amend the terms of a $150 million bond issued by a Shuaa-affiliated SPV," the company said in statement.

Shuaa Capital chairman Fadhel Al Ali departs at end of statutory term