About CMA Disclosures

Neo Merchants Capital (“Merchants”), in its endeavor to implement all of the disclosure standards issued by Capital Market Authority (“CMA”), and in compliance with CMA’s strategic objectives aimed at improving disclosure standards applicable to CMA authorized persons.

 

Enhancing market transparency and strengthening investor protection, and in accordance with CMA’s Circular dated 29/10/2015 requiring the publication of information and reports to be disclosed subject to regulatory requirements on the authorized person’s website, Merchants represents herein below all the applicable disclosures to enable website users to easily access them or any of their updates.

The Company

Neo Merchants Capital.

شركة براق الخيل المالية -ذات مسؤلية محدودة (شركة شخص واحد)

Head Office and Branches

Head Office: Office 602, Akaria Building 2, Olaya Street, Riyadh, Saudi Arabia

Email: executives@neomerchantscapital.com

Telephone: 00966 (0)11 229 2576

Branches: The Company has no branches.

Commercial Registration

C.R. No. 1010519827 issued by the Ministry of Commerce and Investment- Riyadh- Saudi Arabia

SR 2,000,000 – Two Million Saudi Riyals

Direct Control

Tarek Tawfik

Entrepreneur, private banker and investment professional with more than 25 years in investment and wealth management industry working with international banks and a family office.


Tarek started his career back in 1996 with Banque Saudi Fransi as a broker for the US, European and Asian desks in addition to being treasury dealer for money markets. He then moved as Investment Manager for Abdulrahman Saad Al Rashid & Sons Co., managing the family’s wealth in the international foreign exchange markets, derivative markets, equity and fixed income markets as well as private placements in private equities and direct investments.


In 2009, he moved to Deutsche Bank Saudi Arabia to head the private wealth management department followed by Barclays Bank Saudi Arabia in which he headed the investment advisory department.


Capitalizing on his long experience, Tarek had previously co-founded successful and creative ventures including Emotional Assets Management & Research Co. in the UK, Axience Co. in India and Tripvillas co. in Singapore.


After graduating with BA in Financial Management from King Saud University, Tarek attended different professional development courses in Saudi Arabian Monetary Agency SAMA as well as in Banque Saudi Fransi

CMA Licenses

Neo Merchants Capital licensed activities are:

 

  • Arranging
  • Advising

License no. 18197-30 dated 01/01/2019G
The Company commenced its business on 19/05/2019G

Services Provided

Neo Merchants Capital provides the following services:

 

Organizational Structure

Board of Directors

Corporate Executives

Audited Financial Statements