RIYADH, SAUDI ARABIA -
Media OutReach Newswire
- 16 March 2025 - Sahm Capital is excited to announce its official
membership in the Arab Federation of Capital Markets (AFCM), further
solidifying its commitment to the growth and development of the Arab
capital markets.
Founded in 1978, AFCM aims to enhance the efficiency and transparency of
capital markets across the Arab region, including the GCC, Levant, and
Arab African countries. With oversight of 18 exchanges and 8 Clearing
Houses, AFCM works to harmonize regulations, promote market development,
and adopt new technologies to advance securities trading in the region.
A Strong Partnership for Growth
This membership presents an exciting opportunity for Sahm Capital to
collaborate with other market leaders, share expertise, and develop
stronger investment strategies that will contribute to the continued
growth of Arab capital markets. Sahm Capital is committed to playing a
pivotal role in strengthening the MENA financial landscape and expanding
its access to regional and international investors.
Sahm Capital's Growth and Future Vision
Founded in 2022 and fully licensed by the Capital Market Authority (CMA)
of Saudi Arabia, with license number [license no. 22251-25], Sahm
Capital has rapidly grown into a leading player in the region. In
October 2023, the company received licenses for Dealing, Advising, and
Custody services, followed by the launch of the Sahm trading app in
December 2023. The app, a first-of-its-kind platform, has already
surpassed 1 million users, positioning it as one of the fastest-growing
trading platforms in the region.
In addition to its brokerage licenses, Sahm Capital secured Managing and
Arranging licenses from the CMA in October 2024, positioning the
company to offer a wide range of financial services, such as investment
banking, managing investments and operating funds.
After three years of deepening its roots in Saudi Arabia, Sahm Capital
is now ready to expand its reach across the Arab world. With a focus on
delivering high-quality financial services, Sahm aims to help investors
realize their full potential in an opportunity-rich capital market.
Sahm Capital's Chairman of the Board, Steven Chou, shared his thoughts
on the significance of this achievement: "Joining the Arab Federation of
Capital Markets is an important milestone for us as we continue to
build upon our success in Saudi Arabia and extend our presence across
the wider Arab world. We look forward to working closely with AFCM to
drive innovation and development in the region's capital markets."
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