Alkhabeer Cap­i­tal named best pri­vate eq­uity com­pany in Saudi Ara­bia

The Gulf Today - Business - - REGION -

JED­DAH: Alkhabeer Cap­i­tal, the as­set man­ager spe­cial­is­ing in al­ter­na­tive in­vest­ments, has been named Best Pri­vate Eq­uity Com­pany in Saudi Ara­bia by the lead­ing in­dus­try mag­a­zine, Banker Mid­dle East, a mem­ber of the CPI Fi­nan­cial pub­lish­ing group, for the sec­ond con­sec­u­tive year.

Com­ment­ing on the award, Mr. Ahmed Ghouth, Chief Ex­ec­u­tive Of­fi­cer of Alkhabeer Cap­i­tal, said: “We are glad to have won this award, which high­lights the com­pany’s well po­si­tion­ing to adapt to mar­ket chal­lenges and lever­age new in­vest­ment op­por­tu­ni­ties as Saudi Ara­bia un­der­goes a re­mark­able trans­for­ma­tion of its econ­omy and so­ci­ety. I want to ex­press my ap­pre­ci­a­tion for our Pri­vate Eq­uity team, whose ded­i­ca­tion, fore­sight and hard work have en­abled our suc­cess. We look for­ward to a pros­per­ous and di­ver­si­fied econ­omy for Saudi Ara­bia and beyond.”

In ad­di­tion to this lat­est hon­our, Alkhabeer Cap­i­tal has re­ceived recog­ni­tion for its Sharia-com­pli­ant of­fer­ing, earn­ing the Best Is­lamic In­vest­ment Fund 2017 award by Is­lamic Busi­ness & Fi­nance mag­a­zine.

Alkhabeer Cap­i­tal, head­quar­tered in the King­dom of Saudi Ara­bia, spe­cial­izes in al­ter­na­tive in­vest­ments and in­vest­ment ser­vices. It is au­tho­rised by the Cap­i­tal Mar­ket Au­thor­ity (li­cense num­ber 07074-37).

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