Aljazira Cap’s clients get 100% trading discount with online accounts

Aljazira Capital, one of the leading brokerage and financial services providers in Saudi Arabia, has rolled out its new website, as part of its plans to tap digital technology.

The investment bank unveiled its latest digital service, where clients worldwide can easily open online investment accounts at any local bank and receive a 100 percent discount on trading transaction commissions, Aljazira Capital said in a statement on Sunday.

Investors are now able to access all services via a state-of-the-art digital platform on their PCs, smart phones and tablets.

The new platform enables investors to access brokerage, asset management, investment banking, institutional brokerage, as well as local, regional and foreign brokerage services.

Clients are also allowed to subscribe to the monthly investing and saving program, and invest in prime funds offered by Aljazira Capital, such as Aljazira Saudi Equities Fund, which posted an annual return of over 29.4 percent.

It also received Argaam’s “Top Performing Fund over five Years” Recognition Award.

“Digital transformation and technology have become a strategic option, as the Kingdom has made strong progress with its digital transformation plan,” said Ziad Aba Al Khail, chief executive and Managing Director of Aljazira Capital.

“In addition, the Capital Market Authority has adopted the latest solutions and applications to develop a solid digital environment and enhance the Saudi market efficiency,” Aba Al Khail added.