Riyadh – Exclusive Sharikat Mubasher: Adel Al Ateeq, Cofounder and CEO of Awaed Alosool Capital told Sharikat Mubasher that the company aims to simplify the concept of investment for people so that everyone either with low or high capital can invest any desired sum of money in exchange markets.
The CEO also announced the launch of trading stock within the Saudi Market with no fees or commission, following the launch of trading in US markets at the 3rd edition of LEAP Conference last year.
On the sidelines of the LEAP 2025 Conference, which is taking place at Riyadh Exhibition and Convention Centre, Malham, Al Ateeq added that Awaed is originally a fintech platform besides being a company for investment activities as it aims to educate users on how to deal with investment products, how to consider his best and most suitable options and set up his personal investment preferences.
Al Ateeq further explained that the company mainly focuses on providing individuals who have no financial backgrounds with basic investment skills enabling them to have the confidence to try out bold and novel investment options, avoid overpriced stocks, and have easy access to stock markets.
Awaed Alosool Capital was established as a closed joint-stock company with a capital of 82 million Saudi Riyals. It obtained its Capital Market Authority license, on March 21, 2023, to engage in dealing, asset management, and custody activities.
The fourth edition of the award-winning global technology event, LEAP, runs from 9 to 12 February in Riyadh with the participation of over 1,800 exhibitors, more than 1,000 speakers, and over 680 startups with awards exceeding $1 million.
Under the theme ‘Into New Worlds,’ LEAP 2025 aims to showcase the latest innovations and facilitate knowledge exchange, expanding business networking and investment opportunities in the tech sector.
The event, featuring participation from 18 countries, is organized by Tahaluf and the Ministry for Communications and Information Technology (MCIT), in partnership with Informa PLC, the Saudi Federation for Cybersecurity, Programming and Drones, and the Events Investment Fund.