GIB Capital joins Tadawul as a new member

18/02/2019 Argaam

(Left) Osamah Shaker CEO and Board member of GIB Capital - (Right) Khalid Al Hussan CEO of Tadawul

 

The Saudi Stock Exchange (Tadawul) on Sunday welcomed GIB Capital, a wholly owned subsidiary of Gulf International Bank (GIB) as a market member and a del credere, said a statement.

 

GIB Capital is now able to provide its clients with the opportunity to trade in GCC’s largest stock market. It will also provide financial advisory services covering equity placements (initial public offerings and private placements), mergers and acquisitions, privatizations, strategic debt advisory and asset management, the statement added.

 

GIB Capital is licenced by the Capital Market Authority among other 31 market members operating in the Saudi capital market.

 

A ceremony was hosted at Tadawul’s headquarters in Riyadh which was attended by Khalid Abdullah Al Hussan, CEO of Tadawul and Osamah Mohammed Shaker, CEO and Board member of GIB Capital.

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