Ouswah Capital Officially Incorporated in Riyadh, Saudi Arabia

Riyadh, Saudi Arabia - Ouswah Capital is excited to announce its official incorporation, steered by Mr. Hossam Shobokshi. Established in March 2023, Ouswah Capital is set to a world-class standard of investment management services, backed by Mr. Shobokshi’s comprehensive experience and insight as both an investor and investment manager.

The company is in the advanced stages of securing a funds management license from the Saudi Capital Market Authority (CMA). This vital step underscores Ouswah Capital’s dedication to adhering to regulatory standards and its ambition to serve as an exemplary partner on the investment journey, fostering long-term value for investment partners. Strategically based in Riyadh, Ouswah Capital intends to harness this prime location to access the region's burgeoning financial services industry, proposing innovative strategies and services centered around investor's needs.

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"We are excited to unveil Ouswah Capital and make our mark on the vibrant financial scene of Saudi Arabia" stated Mr. Hossam Shobokshi. "While we work towards finalizing our licensing with the Saudi Capital Market Authority, our commitment to meeting the varied needs of our partners by adhering to the highest transparency, competency, and alignment standards, pushing the envelope for sustainable and lucrative investment management."

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The company eagerly anticipates playing a crucial role in the expansion and evolution of the financial sector in Saudi Arabia.