Derayah Financial eyes robust results in Q3, new funds in 2025: CEO

Mohammed AlShammasi, CEO of Derayah Financial Co.

Derayah Financial Co.’s CEO Mohammed AlShammasi expects the company to maintain its strong and stable performance across its various core businesses in Q3 2025, buoyed by continued trading activity on its platform, along with plans to launch several investment funds focused on opportunities in private markets.

In an interview with Argaam, AlShammasi pointed to the potential launch a fund focused on artificial intelligence and advanced technologies later this year. The roll-out of a local private credit fund, focused on financing Fintech firms in Saudi Arabia, is also in the cards.

Additionally, Derayah intends to launch two new real estate funds this year, at an estimated value of SAR 600 million, focusing on residential real estate development opportunities.

Last July, the Saudi-listed company launched an open-ended credit income fund, targeting private credit markets in the US and Europe, according to the CEO.

AlShammasi also pointed out that the local market, despite recent declines, still offers solid growth opportunities, backed by the huge improvements carried out by the Saudi Exchange (Tadawul). This is besides the new regulations that were announced by the Capital Market Authority, such as opening the market to direct investment by GCC residents.

“Derayah demonstrated the strength and resilience of its business model, achieving strong results despite market volatility and major global economic events such as the trade war, geopolitical tensions, and the subsequent sharp fluctuations in the oil sector and regional markets,” said the top executive.

According to AlShammasi, the firm’s revenue growth was driven by the strong performance of the brokerage segment, despite the volatile market conditions. Meanwhile, the asset management segment remained stable in the face of challenges and market setbacks.

He underlined, “Our investment strategy contributed to supporting these results, as our private investments continued to generate tangible positive returns.”

“Despite the decline in trading volumes on Tadawul, Derayah leveraged the strong performance of global markets in Q2 2025. These results were driven by a growing client base, along with a commitment to providing our clients with the best trade execution, competitive pricing, and added value across various markets,” he continued.

The CEO further explained that the brokerage segment’s revenues grew by about 18% year-on-year (YoY) for the three-month period, capitalizing on the increased market volatility and improved trading activity.

“Traded values on the company's brokerage platform — excluding margin trading — exceeded SAR 120 billion during the quarter, marking an 80% YoY increase. This growth, while reflecting the strength of the platform, underpins its viability to achieve outstanding performance regardless of market conditions,” he was quoted as saying.

“Derayah's investment strategy is based on targeting selective and complementary investment opportunities, in which we see clear potential for long-term growth and value maximization, with a particular focus on technology and Fintech sectors that align directly with our core business model,” said the top executive.

He added that Derayah’s current portfolio includes minority stakes in several companies, including an international brokerage platform focused on application programming interfaces (APIs) and provides direct access to global financial markets; a regional provider of e-payment gateway services; a local digital wealth management firm; an innovative technology solutions provider in the open banking field; and a social trading company.

Furthermore, investment gains recorded during the second quarter of 2025 reflected mark-to-market reassessments of some of these investments, in accordance with the semi-annual evaluation policy. These results reaffirmed the success of Derayah's strategy in building a technology-backed investment portfolio that supports growth and expands the scope of its product and service oferrings, said AlShammasi.

He also stated that the number of Derayah’s clients rose by nearly 50,000 new accounts in H1 2025, reaching 580,000 in total by the end of June 2025.

According to Argaam’s data, Derayah reported a net profit of SAR 213.3 million in H1 2025, down 6% from SAR 228 million in the prior-year period. The Q2 net profit rose 17% YoY to SAR 107.1 million.