Home lists Top 100 most powerful Arabs 2021 Jassim Alseddiqi Group CEO, Shuaa Capital Origin: UAE Residence: UAE Sector: Finance Under Alseddiqi’s steady hand, Shuaa, which has around $14bn assets under management, went from recording a Q2 2019 loss of $8.6m to a staggering 166 per cent year-on-year growth in net profits for 2020 at Dhs125m. He also led Shuaa’s historic PIPE (private investment in public equity) deal for Anghami’s merger with Vistas Media Acquisition Company this year, which made Anghami the first Arab technology company to list on the Nasdaq New York. Apart from being the chairman of GFH Financial Group and Eshraq Investments, Alseddiqi is also a member of the board management committee at First Abu Dhabi Bank.