Alpen Capital to launch Saudi operations
Riyadh, March 5, 2013
Alpen Capital, a leading investment bank providing solutions to institutional and corporate clients in the GCC and Asia, has won the licence from Saudi Capital Markets Authority (CMA) to launch its operations in the Kingdom.
After getting the approval from CMA, Alpen Capital plans to establishing its first Saudi unit in Riyadh.
Alpen Capital Saudi Arabia will provide conventional & Sharia based corporate finance advisory/arrangement services to listed and unlisted target clients including high net worth individuals (HNWIs) and institutional and corporate clients across Saudi Arabia and the GCC.
The company will also offer professional, personalized solutions to both national and international clients, adding value through its committed approach, said a statement from Alpen Capital.
In addition, it shall provide opportunities for international and regional investors to invest in Saudi by seeking to develop and promote investment opportunities within the Kingdom, it added.
“Saudi is a very important market for us and we are excited about setting up our operations in the biggest GCC market. We are confident that our extensive experience in executing several transactions across sectors will enable us to provide value added services to our clients in Saudi Arabia”, remarked Rohit Walia, the executive vice chairman & CEO, Alpen Capital Group
Alpen Capital provides investment banking advisory solutions in the areas of merger and acquisitions (M&A), debt, equity and capital markets. In the GCC, it has offices in the UAE, Qatar, Oman and Bahrain.
It has also established operations in India with offices in New Delhi, Mumbai, Bengaluru and Kolkata. It also provides in-depth research on GCC sectors covering growth trends, challenges and opportunities.-TradeArabia News Service
More Finance & Capital Market Stories
- GCC firms seek Egypt investment guarantee
- Qatar c.bank plans $1.1bn in bonds, sukuk
- More support for Islamic banking urged
- Bahrain to set new takaful rules by year-end
- Oman fiscal surplus widens to $1.4bn
- Al khaliji opens new branch in Doha
- Bayzat launches online DBR calculator
- Dubai bourse tops 3,000 for first time in 5 years
- Bahrain mulls solvency rules for Takaful industry
- LuLu Exchange opens 3rd branch in Bahrain