Dubai - Mubasher: Shuaa Capital has appointed Nabil Al Rantisi as its new CEO, effective 1 September 2025, according to a bourse disclosure.
Al Rantisi succeeds Wafik ben Mansour, who will become Senior Advisor to the board after leading the company through a major phase of transformation
The transaction comes as Shuaa Capital nears the completion of its capital restructuring, with a new phase of growth about to take place.
During his tenure, Ben Mansour steered Shuaa Capital back to profitability for two consecutive quarters, reinforced its capital structure, and positioned the company to tap new opportunities.
Al Rantisi brings extensive experience in investment banking and asset management, with a track record in business expansion and operational excellence.
His appointment is expected to accelerate the company’s growth strategy and diversification across regional and international markets.
Badr Al Olama, Chairman of Shuaa Capital, commented: “On behalf of the Board, I would like to express our deep appreciation to Wafik for his steady leadership during a transformative period for the Company. His efforts have been instrumental in restoring profitability and setting the stage for future success.”
“We are equally excited to welcome Nabil as Group CEO. His wealth of experience and strategic vision will be invaluable as we pursue our next phase of growth and deliver long-term value to our shareholders,” he added.
In the first half (H1) of 2025, the DFM-listed company swung to net profits after corporate tax worth AED 217.12 million, versus net losses of AED 125.61 million in H1-24.
