Riyadh – Mubasher: Shuaa Capital and National Bonds have unveiled plans to launch a joint venture (JV) in Saudi Arabia that offers savings and investments solutions in the kingdom.
Working in line with Saudi Arabia's Vision 2030, both companies coordinate with regulators to launch an operations framework in the second six months of 2018, according to a company statement.
“In partnership with Shuaa Capital, National Bonds is delighted to announce our expansion in Saudi Arabia,” CEO of National Bonds Corporation Mohammed Qasim Al Ali commented.
National Bonds has stated that it opts for an innovative approach to Shariah-compliant products and services.
“By partnering with one of the pioneers of Shariah-compliant saving schemes, we strengthen further our commitment to providing financial solutions that cater to the needs of the people in the region,” CEO of Shuaa Capital Fawad Tariq-Khan said.
