Sahm Capital has announced its official membership in the Arab Federation of Capital Markets (AFCM), further solidifying its commitment to the growth and development of the Arab capital markets.
Founded in 1978, AFCM aims to enhance the efficiency and transparency of capital markets across the Arab region, including the GCC, Levant, and Arab African countries. With oversight of 18 exchanges and 8 Clearing Houses, AFCM works to harmonize regulations, promote market development, and adopt new technologies to advance securities trading in the region.
This membership offers an exciting opportunity for Sahm Capital to partner with other industry leaders, exchange knowledge, and enhance investment strategies, all of which will drive the ongoing growth of Arab capital markets.
According to the press release, Sahm Capital is committed to playing a pivotal role in strengthening the MENA financial landscape and expanding its access to regional and international investors.
Sahm Capital’s Chairman of the Board, Steven Chou said that, “Joining the Arab Federation of Capital Markets is an important milestone for us as we continue to build upon our success in Saudi Arabia and extend our presence across the wider Arab world. We look forward to working closely with AFCM to drive innovation and development in the region’s capital markets.”
Sahm Capital
Founded in 2022 and fully licensed by the Capital Market Authority (CMA) of Saudi Arabia, Sahm Capital has rapidly grown into a leading player in the region.
In October 2023, the company received licenses for Dealing, Advising, and Custody services, followed by the launch of the Sahm trading app in December 2023. The app, a first-of-its-kind platform, has already surpassed 1 million users, positioning it as one of the fastest-growing trading platforms in the region.
In addition to its brokerage licenses, Sahm Capital secured Managing and Arranging licenses from the CMA in October 2024, positioning the company to offer a wide range of financial services, such as investment banking, managing investments, and operating funds.
