The launch of a joint venture between SHUAA Capital and National Bonds in Saudi Arabia

MEDIA IN, Dubai, June 10, 2018 (WAM)
Shuaa Capital, the integrated financial services company in the UAE and National Bonds Company, a specialist in savings and investment programs, announced plans to launch a joint venture in Saudi Arabia.
The two sides signed a memorandum of understanding (MoU) to define their commitments to provide savings and investment plans in Saudi Arabia.
By combining the expertise of SHUAA Capital and National Bonds, this partnership aims to meet the growing demand for investment and savings solutions in the Kingdom and in line with the Financial Sector Development Program, which is a key element in achieving the objectives of Vision 2030 to create a strong financial services sector Contributes to the establishment of a Saudi economy based on diversity.