Decypha - Cairo: Saudi Arabia’s Capital Market Authority (CMA) has approved three funds from Arab National Investment Company, Alinma Investment Company and Muscat Capital, according to MENA funds manager.
Alinma Investment Company provides security brokerage and financial advisory services. It offers stock trading services. The firm provides mergers and acquisition, privatization, and project financing advisory services. It also provides capital raising services including underwriting; Sukuk capital market services; and provision of real estate and energy investment funds. Additionally, the firm offers financing services through private placements and public offerings. Alinma Investment Company is based in Riyadh, Saudi Arabia. Alinma Investment Company operates as a subsidiary of Alinma Bank.
Muscat Capital LLC provides financial advisory and securities brokerage services. It provides mergers and acquisitions, initial public offering (IPO), rights issue, equity and debt capital markets, and corporate advisory services. Additionally, the firm offers online trading services. It also provides mutual funds, portfolio management, investment, and private placement services. The firm was formerly known as Muscat Securities House LLC and changed its name in July 2010. The firm was founded in 2009 and is based in Riyadh, Saudi Arabia. Muscat Capital LLC operates as a subsidiary of BankMuscat SAOG.
