Arqaam Capital to accelerate emerging markets growth strategy with strategic EIH investment
Summary
Low Ping, Group Chief Executive Officer of EIH commented: "This investment underscores our confidence in Arqaam Capitals ability to shape financial markets across the region. With its comprehensive suite of services and strong regional presence, Arqaam is uniquely positioned to deliver meaningful impact in Emerging and Frontier Markets. "Arqaam Capitals sales and trading business has emerged as one of the fastest-growing in the Middle East and North Africa, achieving an annual growth rate of 22% from 2018 to 2024. This has been supported by Arqaam Capitals award-winning research platform, which currently covers 230 listed companies representing 90% of MENA market capitalization and is highly regarded by institutional investors.The firms wealth and asset management businesses which manages $1.7 billion across advisory, fixed income, equities and alternative strategies is also experiencing robust growth, driven by a record number of new MENA listings and growing foreign investor participation. With a proven track record, EIH has established and acquired over fifty-eight successful companies in nine diversified major sectors, including energy, real estate, alternative investment, technology, healthcare, travel & tourism, hospitality, automotive & trading, and financial services.