SHUAA Capital first ventured into the world of financing back in 2004, when it invested in a stake in Gulf Finance via private equity, and then in 2006, acquired a controlling stake before completing a 100% ownership of the firm. Gulf Finance Corporation- UAE provides liquidity and debt capital funding solutions across the Emirates. The Company was established in 1997 with offices out of Dubai. It offers a broad range of financing services primarily to asset owners, financial sponsors and corporates in a transitory state covering direct non-bank lending, mezzanine/ subordinated debt and special situations requiring capital through structured debt, convertibles, etc. In 2012, the sister company Gulf Finance Corporation- Saudi Arabia was established to provide Shariah-compliant financing products to SMEs in the Kingdom. The Company was headquartered in Jeddah and provided financial leverage to commercial entities operating in the manufacturing, trading, contracting and logistics sectors.