Dubai’s Shuaa Pauses Some Deals as Virus Causes Strategic Shift

Skyscrapers stand in Dubai. — Skyscrapers stand in Dubai.
Photographer: Christopher Pike/Bloomberg

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By Farah Elbahrawy, Yousef Gamal El-Din, and Manus Cranny

August 13, 2020 at 7:40 AM UTC

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Shuaa Capital PSC stepped away from some deals as the Dubai-based investment company switched its short-term strategy in the wake of the economic fallout from the coronavirus pandemic.