Al Othaim Holding a Strategic Partner in Alpha Capital with a 20% Stake

Logo of Al Othaim Holding Co.

Al Othaim Holding Company has officially joined Alpha Capital as a strategic shareholder, acquiring a 20% stake in the firm.

The partnership is part of a shared vision to bolster Alpha Capital’s growth trajectory. Known as one of the region’s leading and fastest-growing asset managers, Alpha Capital has delivered exceptional performance in recent years. Al Othaim Holding, leveraging its expertise and leadership in finance and business, is expected to contribute to Alpha Capital’s growth strategy and help identify new investment opportunities.

“This partnership reflects our commitment to strategic expansion and investment diversification,” said Mr. Abdullah bin Saleh Al Othaim, Chairman of Al Othaim Holding. He highlighted the alignment of this collaboration with Saudi Arabia’s Vision 2030, which aims to drive economic transformation through substantial and impactful entities.

Al Othaim underscored the importance of strategic partnerships and collaborations in achieving sustainable growth, emphasizing the value of shared expertise, role integration, and mutual benefits. He noted that Al Othaim Holding’s addition to Alpha Capital’s distinguished group of strategic partners will accelerate the firm’s growth and expand its operational footprint.

Mr. Khalifa Abdullateef Al Mulhem, Chairman of Alpha Capital, echoed this sentiment, stating, “We are proud to welcome Al Othaim Holding as a strategic partner. This partnership is a significant milestone for Alpha Capital, reflecting the trust and recognition we’ve garnered from our stakeholders. Together, we aim to achieve sustainable growth and unlock new investment horizons.”

The move further cements Alpha Capital’s position as a key player in the region’s financial sector, with its management team remaining the largest shareholder in the firm.