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GIB Capital Launches Public Investment Fund focused on Small and Medium-Sized Enterprises
Back 14 August 2024

GIB Capital is pleased to announce the launch of a new investment fund focused on small and medium-Cap stocks. The fund aims to achieve medium- to long-term capital growth. Classified as high-risk, this fund targets investors seeking to capitalize on growth opportunities in this promising sector.

The fund invests in the Saudi stock markets (TASI) and the Parallel Market (Nomu), offering investors access to small and medium-sized companies with growth potential. Additionally, The fund complies with the Sharia-compliant standards approved by the Sharia Supervisory Board, allowing investors to diversify their portfolios in ways that align with Islamic principles.

GIB Capital holds units in the initial seeding capital of the fund. Interested clients can obtain more information about the fund’s terms and conditions and how to subscribe by contacting their relationship manager or customer service.

It is worth mentioning that GIB Capital, since its establishment in 2008, has been providing a range of innovative and customized financial and investment banking products and solutions, including asset management, capital markets advisory, mergers and acquisitions, debt capital markets, debt advisory, and brokerage services.

GIB Capital is a Single Shareholder Company (Commercial Registration No. 1010244294) with paid-up capital of SR 200,000,000.

GIB Capital obtained its license from the Capital Market Authority under license number 07078-37 on 08/07/1428H (corresponding to 22/07/2007G). GIB Capital obtained the approval to proceed with its business activities from the Capital Market Authority on 03/04/1429H (corresponding to 12/04/2008G).

GIB Capital provides corporate finance services in the Saudi capital markets, and is licensed to carry out the following activities by the Capital Market Authority (“CMA”):

  • Dealing as:
    • Principal
    • Agent
    • Underwriter
  • Managing
    • Investment fund management
    • Discretionary portfolio management
  • Arranging
  • Advising
  • Custody

GIB Capital is a subsidiary of Gulf International Bank B.S.C. with registered office at Low Rise Building 1, Granada Business & Residential Park, Eastern Ring Road, P.O. Box 89589, Riyadh 11692, Kingdom of Saudi Arabia.