23 Jumada I 1446 - 24 November 2024
    
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Eye of Riyadh
Business & Money | Monday 11 January, 2016 4:26 pm |
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Amana Capital and Arabic Trader Announce the Launch of a New Company in Kuwait

Following the success achieved in the first phase, Amana Capital, the leading Middle Eastern financial services group and Arabic Trader, the leading provider of financial content and professional training, announced the launch of the second phase of their partnership through establishing a physical presence in Kuwait City, Al Jawhara Tower - Khaled Bin Al-Walid Street.
The first phase of this program, which introduced the new concept of "Informed Trading", was initially launched in May 2015 and achieved great success. The program focused on providing financial education, through organizing dozens of workshops and training courses executed in different Arab countries, which had helped investors understand the correct principles of investments.

In the light of these successes, Amana Capital and Arabic Trader took the decision to advance to the second phase of the program inJanuary 2016, and selected Kuwait as the operational hub, due to the high demand for financial literacy and training.

This phase shall include strategic improvements to the offered products inline with the actual market conditions and changes, in addition to providing unique educational curriculum that allows investors to improve their trading skills and develop their abilities in conducting specialized financial analysis for better trading decisions.

In this regard, Mr. Ahmad Khatib, CEO of Amana Capital, said: "Our goals go beyond expanding geographically by opening offices in several countries. We actually seek to expand our offerings by cooperating with our partners, in order to better satisfy the needs of Arab traders everywhere."

From his side, Mr. Talal Sumayri, CEO of Arabic Trader, expressed his gratitude for this partnership emphasizing on the long experience of his company in training and providing financial education. He said: "Our long experience in this field allows us to better understand the needs of Arab traders in the region and provide them with advanced products in a professional manner." He continued: "Our new presence in Kuwait will allow us to better satisfy those needs."

Mr. Mohsen al-Mutairi, CEO of this program commented on this partnership stressing that the experience of Amana Capital in the financial markets joined with the outstanding financial training capabilities of Arabic Trader will definetly outcome the best results for the Kuwaiti investor. He added: "We will work hard to make this program succeed and make sure that we are providing a unique service in the Arab World for the benefit of the Kuwaiti investor."

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