The profits of Shuaa Capital Company recorded a decline during the third quarter of this year, by 41%, to reach 35 million dirhams.


And, according to Arabiya Net, the company listed on the Dubai Financial Market attributed its profits to a 58% drop in interest income.


The company recorded a reversal of quarterly provisions of more than 9 million dirhams, in addition to recording profits from a change in the fair value of 91 million dirhams.