Arab Today, arab today shuaa hires investment banking chief
Last Updated : GMT 21:19:19
Arab Today, arab today
Arab Today, arab today

Shuaa hires investment banking chief

Arab Today, arab today

Arab Today, arab today Shuaa hires investment banking chief

SHUAA - Arabstoday

Capital PSC named Karim Schoeib as head of investment banking to replace Makram Kubeisy yesterday as the shares rose 2.7 per cent to Dh1.16. Kubeisy, head of investment banking at Shuaa Capital, left the company on Thursday as part of the firm\'s latest round of job cuts. His departure came a day after Shuaa reported a first-quarter loss of Dh26.3 million and said it would cut 39 jobs, or 11 per cent of its workforce. The investment bank continues to suffer from weak market activity and political unrest in the Gulf region. from / Gulf News

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