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Interactive Brokers and SNB Capital Enable Investors to Access the Saudi Exchange
Foreign Investors Can Now Access the Largest Stock Exchange in the Middle East through Interactive Brokers
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, and SNB Capital, the leading broker on the Saudi Exchange and largest investment bank in the Kingdom of Saudi Arabia, have announced a collaboration that will allow eligible international investors to access the Saudi stock market through the Interactive Brokers platform.
With this landmark alliance, Interactive Brokers is the first global broker to allow foreign clients to directly own and trade securities listed on the Saudi Exchange. Clients of Interactive Brokers can now invest in Saudi equities alongside global stocks, options, futures, bonds, funds, and more from a single unified platform.
The collaboration was launched today during a bell-ringing ceremony at the Saudi Exchange, in Riyadh, with the presence of SNB Capital’s Head of Securities Loai Bafaqeeh and James Bradie, IBKR’s Senior Executive Officer for Interactive Brokers’ new office in Dubai International Finance Center.
The Saudi Exchange is the country’s main bourse, with 238 listed companies across 21 sectors, offering a versatile and diverse landscape of listed securities. Clients of Interactive Brokers can diversify and expand their investment portfolios to include Saudi stocks, real estate investment trusts (REITs), and exchange-traded funds (ETFs) that trade on the Middle East’s largest stock exchange, broadening their investment prospects.
“Our collaboration with Interactive Brokers comes as an extension to our role as the Saudi national champion and perfectly aligns with our strategic objectives contributing to achieving the ambitious goals of Saudi Vision 2030’s Financial Sector Development Program (FSDP); to develop an advanced financial market and provide an effective investment platform with a diversified investor base,” said Rashed Sharif, Chief Executive Officer of SNB Capital.
Saudi Arabia, the largest economy by GDP and leading capital market in the Middle East, is currently undergoing significant social and economic transformation under its overarching national strategy, Saudi Vision 2030, which aims to further develop an already diversified, accessible, and competitive economy.
“We are pleased to work with SNB Capital and give investors the ability to trade Saudi equities in addition to our already vast array of global products and markets at low cost,” said Milan Galik, Chief Executive Officer of Interactive Brokers.
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Ministry of Environment, Water and Agriculture Launches the “Namaa” Endowment Fund and Appoints SNB Capital as Fund Manager
The Ministry of Environment, Water and Agriculture has launched the “Namaa” Endowment Fund, an investment fund offered through a public offering and compliant with Sharia standards, with its units endowed to support nonprofit entities operating across the Kingdom’s environment, water, and agriculture ecosystem.
SNB Capital has been appointed as the fund manager, in a step that reinforces its pivotal role in developing the endowment sector by contributing to its transformation into a sustainable investment model.
The launch of the “Namaa” Endowment Fund aligns with the objectives of Vision 2030, as it aims to increase the contribution of the nonprofit sector to GDP and support the sustainability of the environment, water, and agriculture ecosystem. It also aims to channel capital toward environmental and developmental projects with measurable impact by preserving the endowment’s capital and reinvesting its returns.
This initiative reflects SNB Capital’s commitment to advancing the endowment sector through modern financial management tools that improve efficiency, reinforce economic impact, and deliver sustainable value in line with the goals of Saudi Vision 2030.
SNB Capital and Investcorp Announce Strategic Partnership
SNB Capital announces a strategic partnership with Investcorp Saudi Arabia Financial Investments Company (Investcorp), focused on cooperation across asset management, investment banking, and wealth management.
The partnership brings together SNB Capital’s strong investment banking expertise and capabilities in fund structuring and development with Investcorp’s global investment platform and deep experience across alternative asset classes.
The aim of the collaboration is to originate and capitalize on investment opportunities in Saudi Arabia and internationally, spanning private equity, real assets, and credit.
SNB Capital’s partnership with Investcorp allows the group to access compelling opportunities in priority sectors, support capital formation, and contribute meaningfully to the Kingdom’s ongoing economic transformation.
As Saudi Arabia’s growth accelerates, sectors such as technology, logistics, healthcare, and infrastructure are experiencing rapid expansion, creating compelling opportunities for strategic capital deployment that support long-term economic diversification, resilience, and global competitiveness.
Leveraging deep local market expertise, strong regulatory engagement, and a proven track record of structuring and executing landmark transactions, SNB Capital supports the advancement of Saudi Arabia’s capital markets, in line with the Kingdom’s Vision 2030 objectives.
