In 2007, Aldukheil Financial Group (AFG) was established as a new Joint Stock Company to provide Securities Services (Arranging, Advising, Asset Management, Brokerage, & Custody), under the supervision of the Capital Market Authority. AFG will build itself on the strong Financial Advisory services foundation built by CCFI in the past 29 years.
AFG is a major source for financial advisory services for enterprises both within and outside the Kingdom. AFG's strength in this area stems from its consultants team who have diverse experience and in-depth understanding of the intricacies of corporate strategy formulation, corporate finance, legal and financial restructuring, enterprise value analysis and stock market valuation.
AFG has managed the share flotation for most of the companies that have offered their shares to the Saudi public and citizens of Gulf Cooperation Council since early 1980's. It has also been active in private placements, for local companies and for international issues.
AFG has successfully launched a number of investment services dedicated to serve both individual and institutional investors. Our investment services are based on our in-depth knowledge and experience in the local stock market, AFG, as described in the share Flotation and Private Placement section has been responsible for floating majority of the companies listed on the Saudi Stock Exchange.
Brokerage Services
AFG has obtained full range of licensing from the Capital Market Authority (CMA), we are preparing to roll out a full range of brokerage services that will assist our clients with the best specialized and personal services. We see significant opportunities for local, regional & international investors and are proud to be amongst the top financial services companies to offer our services in this important market.
EIRD offers a number of products and publications for its clients based on their varying needs. Its economic research focuses on economic analysis and forecasts and includes reviews on Saudi GDP, fiscal and monetary policy, balance of payment, debt, foreign investment, privatization, oil & gas etc. Comprehensive equity analysis reports are circulated among the clients on weekly, monthly and quarterly basis. EIRD regularly generates reports on Saudi Companies based upon primary and secondary research and meetings with the management. Reports include in-depth industry and business analysis, financial analysis, projections and forecasts, stock valuations and price performance. The comprehensive monthly report includes exclusive sections on oil & gas, mutual funds, stock market performance, economic indicators, industry analysis, company focus, currencies and international financial markets, among others. EIRD also regularly publishes detailed reports on various sectors of the Saudi Economy in its "AFG Sector Study Series".
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