Dubai's Shuaa Capital Q4 net loss $42 mln

DUBAI | Sat Feb 6, 2010 7:23am EST

DUBAI Feb 6 (Reuters) - Dubai's Shuaa Capital SHUA.DU had a fourth-quarter net loss of 154.3 million dirhams ($42.02 million), compared to a net loss of 577.4 million dirhams a year earlier, it said in a statement.

The investment bank reported a net loss of 529.8 million dirhams for 2009, compared to an annual loss of 889.6 million dirhams in 2008, the statement said. (Reporting by Firouz Sedarat)

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