Othaim Holding acquires 20% stake in Alpha Capital

user icon
NOHA.GAD
calender icon
Dec 12, 2024
article image

Riyadh - Sharikat Mubasher: Othaim Holding Company, a leading family business in Saudi Arabia, acquired a 20% stake in Alpha Capital, becoming a strategic partner in the Shariah-compliant boutique investment company.

This partnership came as part of a shared strategic vision of enhancing Alpha Capital’s growth trajectory in the region and exploring new investment opportunities, Othaim Holding Company announced in a statement today.

Capitalizing on Othaim Holding’s expertise and leading position, Alpha Capital aspires to expand its business and accelerate sustainable growth through this partnership.

Abdullah Saleh Al Othaim, Chairman of Othaim Holding, stated that the partnership aligns perfectly with the company’s vision of diversifying investments and exploring unique opportunities across various sectors, notably the financial one.

He further affirmed Othaim Holding’s commitment to keeping up with the Kingdom’s economic transformation, in alignment with Vision 2030’s goals.

Al Othaim clarified that the company’s sustainable growth strategy focuses mainly on forging partnerships, building collaborations, and sharing knowledge and expertise with successful entities.

On his part, Chairman of Alpha Capital Khalifa AlMulhem stated that the partnership with Othaim Holding marks a significant milestone in the company’s journey and solidifies its vision for achieving sustainable growth and opening new investment horizons.

Alpha Capital, licensed by the Capital Market Authority (CMA), focuses on asset management, alternative investments, and investment banking.


Share

Related News

FII Institute reschedules 10th Future Investment Initiative to October 2027
News
Calendar Icon
November 12, 2026
FII Institute reschedules 10th Future Investment Initiative to October 2027
Read More
Saudi Arabia secures high rankings in IMD’s 2026 AI Index
News
Calendar Icon
November 12, 2026
Saudi Arabia secures high rankings in IMD’s 2026 AI Index
Read More
Invest Qatar rolls out program to connect startups with global investors
News
Calendar Icon
November 12, 2026
Invest Qatar rolls out program to connect startups with global investors
Read More
Zacua Ventures closes $135mn Fund II backed by Dubai Future District Fund
News
Calendar Icon
November 12, 2026
Zacua Ventures closes $135mn Fund II backed by Dubai Future District Fund
Read More
Network International, AdalFi collaborate to improve credit access across MEA
News
Calendar Icon
November 11, 2026
Network International, AdalFi collaborate to improve credit access across MEA
Read More
SVC invests in Jadwa Investment’s private credit fund
News
Calendar Icon
November 11, 2026
SVC invests in Jadwa Investment’s private credit fund
Read More
OmniOps launches Bunyan Inference Hub to help organizations access Saudi-hosted AI models
News
Calendar Icon
November 11, 2026
OmniOps launches Bunyan Inference Hub to help organizations access Saudi-hosted AI models
Read More
Mawsool closes pre-seed round to expand its reach in Saudi Arabia, MENA
News
Calendar Icon
November 11, 2026
Mawsool closes pre-seed round to expand its reach in Saudi Arabia, MENA
Read More
Expand officially launches to help global firms enter Saudi market
News
Calendar Icon
November 10, 2026
Expand officially launches to help global firms enter Saudi market
Read More
Barclays lands new Riyadh office to expand Saudi Arabia operations
News
Calendar Icon
November 9, 2026
Barclays lands new Riyadh office to expand Saudi Arabia operations
Read More