MEFIC LOCAL EQUITY FUND” has received the 2017 “Best Performing Saudi Equity Fund” award. Additionally, “MEFIC MURABHA FUND” has received the 2017 “Fastest Growing Money Market Fund” award from Global Banking & Finance Review. Established in 2007, MEFIC Capital has been a prominent player in the investment management industry of Saudi Arabia with multiple investment …
Based on the Value Added Tax Law (VAT), we would like to inform you that starting from January 1, 2018 we will apply the VAT of 5% to fees that are subject to the VAT Law as per the implementing regulations. For more information, please refer to the VAT website: www.vat.gov.sa
MEFIC Capital, in its capacity as fund manager of MEFIC Private Equity Food & Beverage Opportunities Fund (the “Fund”), has successfully completed an investment in Ghatha’a Al Sultan For Fast Foods Company, a leading quick service restaurants (QSR) chain in the Western & Southern Province of the Kingdom operating under the brand name “Sultan Delight …
CMA approved on 09/10/2017 to change the fund board members for all the public funds of MEFIC Capital as follows:
MEFIC CAPITAL had requested the approval to amend its business profile by canceling dealing as an Agent activity.The CMA Board of Commissioners issued a resolution approving on 29/08/2017, the amendment of the Business Profile of MEFIC CAPITAL by canceling as an Agent activity. MEFIC CAPITAL is now authorized to conduct Dealing as Principal, an Underwriter, Managing Investment …
Amendment to Business Profile of “MEFIC CAPITAL” Read More »
MEFIC Capital announces the resignation of Mr. Abdulaziz Al Ghunaim, Senior Director – Wealth Management. He was a Board member on the below mentioned Funds as a Non-Independent Member. He has resigned from the Fund boards as on 10/11/1438H corresponding to 02/08/2017. The Chairman of the Board has accepted his resignation as on 16/11/1438H corresponding to 08/08/2017.Replacement …
“MEFIC Capital” strategic partner, Ahli United Bank (AUB) has been recognized as “Bank of The Year – Middle East 2016” by The Banker, the world’s longest running international banking magazine and member of the Financial Times Group. This represents the second time that AUB has received this prestigious award. The announcement was made at the …
(AUB) “MEFIC Capital” strategic partner “Bank of The Year – Middle East 2016” Read More »
Ramadan MubarakOffice hours during the holy month of Ramadan will be from 9:30 am till 3:30 pmSunday to Thursday.
Please take note of the Saudi Stock Exchange (Tadawul) notification on changes to Trading Hours with effect from 3rd April 2016 (Sunday) corresponding to 25/6/1437 H and details as follows: 1.The Pre-trading session to start at 9:30 AM until 10:00 AM 2.The trading session to start at 10:00 AM until 3:00 PM 3.The Post-trading session …
Based on Saudi Stock Exchange (TADAWUL) announcement regarding Eid Al Fitr Holiday, MEFIC Capital is pleased to announce that EID Holiday commence at the end of business day, effective Wednesday 15/07/2015 , business will resume after the holiday on Wednesday 22/07/2015. Eid Mubarak
MEFIC Capital, Riyadh 11323, Saudi Arabia , Licensed by the Capital Market Authority (CMA) # 37-06029
