Mar 16, 2025, 7:09 AM
Mar 16, 2025, 7:09 AM

Sahm Capital joins the Arab Federation of Capital Markets to boost growth

Highlights
  • Sahm Capital has declared its membership in the Arab Federation of Capital Markets based in Saudi Arabia.
  • The AFCM aims to enhance capital market efficiency and transparency across the Arab region.
  • This milestone is expected to strengthen Sahm Capital's investment strategies and collaborative efforts in the Arab capital markets.
Story

In Riyadh, Saudi Arabia, on March 16, 2025, Sahm Capital celebrated its official membership in the Arab Federation of Capital Markets (AFCM). Founded in 1978, AFCM aims to improve the efficiency and transparency of capital markets throughout the Arab region, including the Gulf Cooperation Council (GCC), Levant, and Arab African countries. The organization oversees 18 exchanges and 8 Clearing Houses, working towards harmonizing regulations and promoting market development. This membership provides Sahm Capital the chance to collaborate with other significant players in the financial market, leveraging shared expertise to strengthen investment strategies in the Arab capital markets. Sahm Capital, founded in 2022 and licensed by the Capital Market Authority of Saudi Arabia, has made notable progress, including the launch of the Sahm trading app in December 2023, which has quickly gained over 1 million users. This expansion signifies the company's dedication to enhancing the financial landscape in the MENA region and accessing both regional and international investors. The Chairman of the Board, Steven Chou, expressed the sentiment that this achievement marks a crucial milestone for the firm, emphasizing their commitment to innovating and advancing the region's capital markets through this newfound partnership with AFCM. As Sahm Capital continues to embed its presence in Saudi Arabia, the company is poised to expand its reach across the Arab world while contributing to the region's growth in capital markets.

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