SAUDI ARABIA: Investment-based firm Itqan Capital, formerly known as Altawfeek Financial Group, has launched its operations in Jeddah.
Abdul Aziz M A Yamani, the chairman of Itqan, said that the firm’s future focus will be on four areas: asset management, custodial services, investment banking and principal investment.
Itqan is majority-owned by Bahrain’s Al Baraka Islamic Bank.