Investcorp partners with Awaed to support investors in Saudi Arabia

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NOHA.GAD
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Feb 20, 2025
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Riyadh - Sharikat Mubasher: Investcorp, a leading global alternative investment firm, launched a commercial partnership with Awaed, the first commission-free Saudi trading platform, to support investors in the Kingdom, focusing on companies with significant growth potential.

Through this partnership, investors on Awaed will gain access to pre-IPO Saudi and GCC companies by investing in Investcorp Saudi Pre-IPO Growth Fund on the Awaed platform, Investcorp announced in a press release yesterday.

The partnership agreement was signed during LEAP 2025 in the presence of Mashaal AlJomaih, Managing Director and CEO of Investcorp Saudi Arabia Financial Investments Company (ISAFIC), and Adel Alateeq, Chief Executive Officer of Awaed.

The fund is dedicated to investing in a diversified portfolio of companies at a pre-IPO stage of development in Saudi Arabia, providing investors the opportunity to gain exposure to growing and market-leading businesses in the Kingdom. It already made investments in three leading companies in the market: Trukker, NourNet, and Salla.

AlJomaih stated that the partnership will provide investors with an additional gateway to investment opportunities, enabling them to access the returns potential associated with private markets.

“Our commercial partnership with Awaed will actively contribute towards the thriving economy of Saudi Arabia’s Vision 2030 by improving accessibility to investment products for investors, with the aim of building the personal wealth of the population,” AlJomaih added.

For his part, Alateeq emphasized Awaed’s commitment to empowering retail investors through a smart and innovative platform that provides access to top-tier investment opportunities. “Through this partnership with Investcorp, we have taken a step forward toward realizing our vision by enabling investors in the Kingdom to invest in Investcorp Saudi Pre-IPO Growth Fund, which focuses on companies with significant growth potential such as Salla, NourNet, and Trukker, among others across various sectors,” he said.

Alateeq further noted that the agreement strengthens investors’ ability to diversify their portfolios and gain exposure to thriving economic sectors that contribute to sustainable growth.

Investcorp is one of the first global asset managers to set up a strategic fintech commercial partnership of this kind in the Middle East, democratizing the alternative investments space.


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