Argaam Investments, Derayah ink subscripton services deal at Euromoney

Riyadh-based Argaam Investments Co. has signed a subscription services agreement with Derayah Financial for Argaam Plus services on the sidelines of Euromoney Saudi Arabia Conference 2018.

Under the agreement, Derayah will roll out Argaam Plus services on its trading platform.

The new partnership allows Derayah clients to gain access to Argaam Plus packages through prepaid monthly subscriptions. The service, scheduled for launch within the next few weeks, will be only available for Derayah clients.

The deal was signed by Mishal Alhaqbani, Head of Brokerage at Derayah and Abdulaziz Alobaid, Head of Sales and Customer Relations at Argaam Investments.

"This cooperation was motivated by our belief that Argaam offers value-added financial content services, with deep and detailed coverage of the Saudi economy and capital markets. Argaam's services will provide great support for Derayah clients," Alhaqbani said.

Argaam's Alobaid said: "We're pleased to sign this agreement and work with Derayah, a leading financial services provider, so as to offer Argaam Plus services through monthly payments to all investors in the Saudi equity market. We're also convinced that this cooperation contributes to availing our services for a larger audience, who show a growing interest in the local market. It also supports Argaam's mission that aims to increase investment awareness among traders in capital markets."