KFH Capital Investment Company and OTC 677 Rasameel Investment Company have officially signed a merger agreement by amalgamation, under which KFH Capital will be the merging entity and Rasameel the merged entity.

The agreement was signed in the presence of executives from both companies, who reviewed future for the newly formed entity and highlighted the strategic rationale behind this major move in the investment sector.

On this occasion, Essa Al-Hasawi, CEO of KFH Capital, stated that the merger leverages the significant capabilities of both firms to deliver improved returns across the board. He noted that the merger would enhance capital reserves and unlock additional funds for future expansion.

Al-Hasawi added that the deal aims to establish a unified and powerful investment entity that combines expertise across various asset classes. The new firm will be characterized by innovation, advanced technology, and a commitment to providing an exceptional, long-term investment experience for clients. He emphasized that the transaction reflects a shared commitment to maximizing shareholder and client value and builds on both companies’ strong track records and investor confidence.

Dakhil Al-Dakhil, CEO of Rasameel Investment, commented:
"The merger agreement with KFH Capital is a significant opportunity for both parties to benefit from greater resources and the expertise of a highly professional investment team, well-equipped to navigate market challenges and adapt to ongoing economic changes."

He described the move as a strategic step enabling entry into new markets and sectors efficiently. Al-Dakhil affirmed that the transaction aligns with Rasameel's commitment to seizing high-value opportunities and reflects the growing investor confidence in the company after years of consistent achievements.

"Thanks to the outstanding efforts of our team, Rasameel has proven itself as a reputable investment platform with a unique technological approach. This makes it an ideal foundation for launching a larger, stronger investment entity," he continued.


"Through this agreement with KFH Capital, we look forward to achieving greater milestones, expanding our market share, and elevating our services locally, regionally, and globally."

Both Al-Hasawi and Al-Dakhil expressed confidence in the success of the merger once the initial phase is completed. However, the deal is still subject to regulatory approvals, including those from the Competition Protection Authority and the Capital Markets Authority. The detailed merger contract has not yet been drafted.

Upcoming Steps:

- Obtain official approvals from relevant regulatory and supervisory authorities
- Prepare a detailed draft of the merger contract
- Present the draft to both companies' General Assemblies for approval
- Complete all legal and procedural requirements to finalize the merger