AI Summary
The signing ceremony
Derayah Financial Company ("Derayah Financial") announced signing a memorandum of understanding (MoU), on the sidelines of the Money 20/20 Middle East Conference, with Eddekhar to develop digital investment solutions for individuals.
In a company statement, Derayah Financial said the partnership focuses on empowering Eddekhar’s clients to embark on their savings and investment journeys with confidence and flexibility, while accessing Derayah’s products and funds. This will support their financial plans—such as retirement, education, etc.
through innovative solutions designed to help them achieve financial sustainability.
Mishal Alhaqbani, Chief Commercial Officer at Derayah Financial, said:
“This MoU with Eddekhar reflects our commitment to supporting emerging fintechs and providing them with investment solutions that strengthen their ability to serve their clients. This partnership builds on Derayah Financial’s vision of enabling investors through integrated digital platforms and reaffirms our role as a reliable financial partner contributing to the objectives of Saudi Vision 2030 and the Financial Sector Development Program.”
Dr. Adnan Alkhiary, CEO of Eddekhar, commented:
“We are pleased with this partnership with Derayah Financial, one of the most prominent asset management firms. This MoU will allow us to offer our clients broader and more diversified investment options, helping them achieve their financial aspirations with confidence. We believe this collaboration will be a significant addition to our platform, enhancing our ability to empower individuals to save and invest in innovative and effective ways that align with the goals of Vision 2030 and the Financial Sector Development Program.”
Be the first to comment
Comments Analysis: