Forbes Middle East

28. ALKHABEER CAPITAL

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CEO: Ahmed Saud Ghouth Country: Saudi Arabia Establishe­d in: 2004 AUM: $1.4 billion

Alkhabeer Capital is an asset management and investment bank offering services for individual­s, corporatio­ns, and family groups. It recorded $1.4 billion in assets undermanag­ement in 2020, a 30% increase compared to 2019. The company has launched 32 funds including Alkhabeer REIT, the Alkhabeer Waqf Fund, and the Alkhabeer Income Fund. Last year it establishe­d its brokerage department. CEO Ahmed Ghouth has over 20 years of experience in investment banking.

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