Valuable Capital Financial Company joins Saudi Exchange Tadawul as new member

Valuable Capital Financial Company joins Saudi Exchange Tadawul as new member

VCFC is the first international online broker in KSA authorized to provide online trading services

Riyadh:- Valuable Capital Financial Company (VCFC), a portfolio company of PIF-backed private equity firm eWTPA, announced that it has become a registered member of the Saudi stock exchange, Tadawul, as well as its affiliates, the Securities Depository Center Company (Edaa) and the Securities Clearing Center Company (Muqassa). A ceremony was held in Riyadh, officially announcing VCFC as an exchange member of the Saudi Exchange.

“We are pleased to welcome Valuable Capital Financial Company as the latest exchange member to join the Saudi Exchange, Muqassa and Edaa. The addition of Valuable Capital Financial Company is another step in our journey to create a more diverse and advanced capital market in Saudi Arabia. This is an important landmark that demonstrates our commitment to growing the capital market ecosystem in line with our commitment to Vision 2030’s Financial Sector Development Program to stimulate wider access for all market participants.” said Mohammed Alrumaih, CEO of Saudi Exchange.

VCFC receives strategic investment from Valuable Capital Group Limited (VCGL), the second-largest online broker in Hong Kong by trading volume. The corporation has expanded its business to the world’s major markets, including