Riyad Capital and E Fund Sign Memorandum of Understanding for knowledge sharing on domestic investment expertise and collaboration on future investment products

Riyadh, 20 February 2024: Riyad Capital, the investment arm of Riyad Bank, and E Fund, the Chinese asset management firm, have entered into a Memorandum of Understanding (MoU) that aims to foster knowledge sharing on local investment expertise and stimulate collaboration on the development of future investment products.

Speaking at the event he said, “I’m very delighted to announce today, we will be taking the Saudi Capital Market Forum beyond Saudi borders for the first time. In collaboration with the Hong Kong Exchange on 9 May 2024 we will be conducting the Capital Market Forum in Hong Kong. The event will help integrate the Saudi capital market with the rest of the world and add further value to the Forum in the future.”

The MoU will serve as the foundation for all future binding agreements related to the sharing of local investment expertise.

  The collaboration between Riyad Capital and E Fund is a testament to both organizations’ commitment to enabling market diversification, fostering innovation and leveraging cross-border insights.