Albilad Capital selects Riyad Capital as custodian
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Albilad Capital selects Riyad Capital as custodian 04 November 2024Saudi Arabia Reporter: Klea Neza
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Albilad Capital has chosen Riyad Capital as custodian.
This selection follows the successful listing of Albilad CSOP Hong Kong China equity ETF.
Commenting on the successful listing on LinkedIn, Zaid Almufarih, CEO and board member at Albilad Capital says: “This success not only reflects the robustness of our financial ecosystem but also sets the stage for further innovation and collaboration.
“We look forward to continuing to offer pioneering investment solutions that meet the evolving needs of our investors.”
Via LinkedIn, Sarah Alothman, managing director, head of securities services at Riyad Capital, comments: “It’s a pleasure to be chosen by Albilad Capital as their custodian for the first ever Albilad CSOP MSCI Hong Kong China Equity ETF and be part of their successful story.
“Thank you Albilad Capital for your trust in Riyad Capital Securities Services and congratulations once again on the successful listing on the Saudi Exchange. Wishing you another milestone of growth and innovation.”
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