Times of Oman

Alkhabeer Capital named best private equity company in Saudi Arabia

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Times News Service

MUSCAT: Alkhabeer Capital, the asset manager specialisi­ngin 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.

“We are glad to have won this award, which highlights the company’s well positionin­gto adapt to market challenges and leverage new investment opportunit­ies as Saudi Arabia undergoes a remarkable transforma­tion of its economy and society,” Ahmed Ghouth, Chief Executive Officer of Alkhabeer Capital, said.

“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 aprosperou­s and diversifie­d economy for Saudi Arabia and beyond,” he added.

Recognitio­n

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. The company has also has been named one of the best workplaces in Saudi Arabia for 2017 by the Great Place to Work Institute, ranking first amongst investment companies and eighth overall.

Alkhabeer Capital, headquarte­red in the Kingdom of Saudi Arabia, specialise­s in alternativ­e investment­s and investment services. It is authorised by the Capital Market Authority.

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