Manama, October 23 (BNA) The Arcapita Holding Group (“Arcapita”), the global alternative investment company, has established Arcapita Capital, a new subsidiary licensed by the Capital Market Authority of the Kingdom of Saudi Arabia with offices in Riyadh.
The establishment of Arcapita Capital will enable the company to participate in private equity and real estate investments in the Saudi market. Arcapita intends to take advantage of growth opportunities led by the National Industrial Development and Logistics Program, and the Kingdom’s National Investment Strategy, which aims to put $3.3 trillion in investments across the economy by 2030.
As the largest economy in the Middle East and North Africa region, the social and economic transformation of the Kingdom of Saudi Arabia under Vision 2030 is driving exceptional growth in many promising sectors. These sectors include industrial, logistics, financial technology, business services, and healthcare, providing investors with a wealth of untapped opportunities for businesses to thrive.
“The opening of the Arcapita office in the Kingdom of Saudi Arabia is a significant milestone, as it allows us to provide outstanding services to the growing Saudi market. We are very looking forward to expanding our business, and our new office enables us to work with our strategic partners to Targeting more opportunities in the kingdom.
“Establishing our first office in Saudi Arabia is a natural next step that demonstrates Arcapita’s continued commitment to the Kingdom of Saudi Arabia. Arcapita’s new presence on the ground will enable us to take advantage of an abundance of opportunities in the marketplace, while also forging closer relationships with our clients,” said Atif Abdulmalik, CEO of Arcapita. and investment partners as we continue to grow our global footprint.
“Many sectors of the Saudi economy are poised to experience very healthy growth, driven by significant investments in infrastructure and demographic shifts. With many years of experience and deep expertise in real estate, Arcapita is particularly well positioned to pursue opportunities in the industrial and logistics sectors. With a With the new office in place, we are already looking at a number of high-volume transactions and anticipate a very active investment pipeline in the coming years.”
FKN