Alkhabeer Capital Joins the Brokerage Institutions Operating in the Market to Provide Brokerage Services

Jeddah, Saudi Arabia – 8 February 2022: Alkhabeer Capital, the asset manager specializing in Shari’a-compliant investments and financial services, announced today the approval of the “Saudi Exchange” (Tadawul) to join the brokerage institutions operating in the market, after completing all the technical and regulatory procedures and requirements related to market membership.

This step is a culmination of the efforts of Alkhabeer Capital to launch an advanced brokerage platform using the latest technologies to provide the best services.

On this occasion, Mr. Ahmed Saud Ghouth, CEO of Alkhabeer Capital, said: “The Saudi Exchange’s announcement that we have completed all the procedures and technical requirements related to market membership came as a result of the continuous efforts of our Brokerage team, and our strategic partners. We intend to launch the Alkhabeer Brokerage Platform during the second quarter of this year, 2022, to meet the aspirations of our clients.”

Alkhabeer Capital is a joint stock financial market firm, licensed by the Capital Markets Authority in the Kingdom of Saudi Arabia with CMA license No. 07074-37, providing innovative investment products and solutions in private equity, financial markets and real estate investment, as well as providing banking and brokerage services in Stock Markets. Headquartered in Jeddah and has a branch in Riyadh, Kingdom of Saudi Arabia.

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