Shuaa-Led Group Buys Out 1.13b Dirhams Debt of Stanford Marine

The transcript discusses Shore Capital's focus on distressed transactions, particularly in the oil and gas sector. It highlights a debt to equity transaction that resulted in full ownership of a company. The strategy for Stanford Marine remains unchanged, with expectations of recovery in the shipping industry. Shore Capital is also involved with Gulf Navigation and is forming a regional shipping strategy. The company has a strong investment appetite for 2021, with plans for growth and consolidation. The UAE's economic outlook is positive, with expected growth in technology and real estate sectors.

What are the plans for further investments in 2021 as mentioned in the conversation?

What role does third-party capital play in the investment strategy discussed?

How does the speaker view the economic outlook for the UAE in 2021?