Riyad Capital launches forex trading services

Updated 01 July 2019
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Riyad Capital launches forex trading services

Riyad Capital has announced the launch of Forex Contracts Trading Service via Riyad Forex.

“This service comes along with multiple options of currencies including more than 20 currency pairs available for trading — the high liquidity pairs, as well as the advantage of trading without any hidden commissions or additions to invisible differences within lower spreads between supply and demand, which adds higher flexibility in the buy and sell transactions,” a press release said.

Riyad Capital, which is a licensed company by the Capital Market Authority, is the first company to offer forex trading services in the Kingdom. It also provides a wide range of investment products through advanced electronic channels and a dedicated team to meet all needs and aspirations of the investors and stakeholders.


Azure opens Azure Takhassusi residential community in Riyadh, fully leased to Saudia

Updated 01 February 2026
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Azure opens Azure Takhassusi residential community in Riyadh, fully leased to Saudia

Azure, a Mohammed Al Habib Real Estate company and the owner of Riyadh’s largest portfolio of residential compounds, has announced the official opening of Azure Takhassusi, its newest premium residential community. The project has been fully leased to Saudia, the Kingdom’s national flag carrier.

The launch marks a major milestone in the eight-year partnership between Azure and Saudia, one of the longest-running and most successful corporate housing collaborations in Saudi Arabia. The development reflects Saudia’s continued confidence in Azure’s ability to deliver high-quality residential environments that meet strict standards of comfort, privacy, service excellence and operational reliability.

Purpose-built to support the wellbeing and lifestyle needs of airline professionals, Azure Takhassusi offers more than accommodation. The community provides a fully integrated living experience, combining modern residences, premium facilities, dedicated resident services and professional community management. Designed to promote stability, convenience and peace of mind, the compound allows employees to focus on their professional responsibilities with confidence.

“This opening represents more than the launch of a new residential compound,” said Fahad Al Assaf, president of Azure. “It is a strong statement of trust built over eight years of partnership with Saudia. Azure Takhassusi reflects what long-term collaboration can achieve when two organizations share a commitment to quality, people and performance.”

For Saudia, fully leasing Azure Takhassusi underscores the airline’s continued investment in its workforce. By providing secure, comfortable and professionally managed housing, the airline aims to strengthen its employee value proposition, recognizing the role that high-quality living environments play in attracting and retaining talent.

Azure currently operates the largest portfolio of residential compounds in Riyadh and is a market leader in corporate housing for major institutions across the Kingdom. Its partnership with Saudia remains one of its most significant, spanning eight years of steady growth and large-scale delivery.

The opening of Azure Takhassusi marks another milestone in that journey, setting a new benchmark for corporate housing that supports workforce wellbeing, operational excellence and long-term partnerships in Saudi Arabia.