Riyadh - Sharikat Mubasher: The global financial services provider Apex Group inaugurated its office in Riyadh as part of its strategy to expand in the Middle East, a recent statement revealed.

Apex Saudi Arabia will offer a full suite of advanced financial services and solutions, leveraging the group’s wide experience within the market.

The Riyadh office will have the largest support team based in the Kingdom that has considerable experience in managing several services, such as Islamic funds, private equity funds, and venture capital, as well as equities, FX, and derivatives.

Zafar Khan, Head of Apex Saudi Arabia, said: “Saudia Arabia is a fertile ground for innovation and growth. Amid the momentous economic reform and dynamic landscape, Apex Group has found its footing and is in the process of setting up its largest operation in the Middle East.”

For her part, Christiane El-Habre, Regional Managing Director for the Middle East at Apex Group, stated that opening the Riyadh office presents a milestone in the group’s expansion across the Middle East.

“The Kingdom is one of the fastest growing global economies, and its stable economic conditions make it an attractive jurisdiction to conduct business,” El-Habre added.

It should be mentioned that Apex Group offers an end-to-end solution to support local asset managers, foreign funds, and SPVs with services tailored to their requirements.