Derayah Financial enhances forex contract trading platforms

Updated 20 August 2019
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Derayah Financial enhances forex contract trading platforms

Derayah Financial, a Riyadh-based investment solutions company licensed by the Capital Market Authority, has added forex contract trading services to its offerings to ensure better, safer, and more integrated investment options for investors.

Through the recently launched Derayah Global and Derayah Global Plus services, customers can access various investment products and advanced financial instruments, such as forex contracts, contracts for difference (CFDs), futures, futures options, warrants, and fixed income in Asian, European and US markets.

The advanced and fully integrated Derayah platforms can be used to carry out buying and selling orders, follow real-time prices in international markets, and create follow-up lists for shares, option contracts, and exchange-traded funds (ETFs).

Using multiple communication channels that include smartphone applications and direct phone calls, customers can place market orders (MKT), limit orders (LMT), stop loss/profit orders (STP), limit stop loss/profit orders (STP LMT), market on close orders (MOC), limit on close orders (LOC), trail orders, and trail stop limit orders.

The various options enable customers to better control their investments as they try to maximize profits and avoid/limit losses. 

While Derayah’s charges are competitive, the company said it ensures the highest security measures for customers through electronic security tools and provides fully transparent information regarding customers’ portfolios and investments. This enables customers to trade in full confidence through safe trading channels. Customers can join the service electronically without signing any documents or visiting company branches.

“We are pleased to be among the first brokerages to enable customers to trade in forex contracts in local and global markets on an integrated and advanced platform that our team of experts developed,” said Mohammed Al-Shammasi, chief executive of Derayah Financial. 

“Our platform allows eight types of selling and buying orders and provides real-time securities prices, with the possibility of creating follow-up lists and viewing the series of options and all available contracts. We offer significant capital facilities, and our professionals are always there to answer customer’s questions and provide advice.”

Through the Derayah forex platforms, investors seeking to expand their investments can tap into the forex contract opportunities and serve their investment objectives.


Sulaiman Al-Rajhi Endowment projects worth SR8bn launched in Makkah

Updated 19 February 2026
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Sulaiman Al-Rajhi Endowment projects worth SR8bn launched in Makkah

Sulaiman Al-Rajhi Real Estate Company has announced the launch of several real estate projects belonging to the Sulaiman Al-Rajhi Endowment system in Makkah, with a total investment exceeding SR8 billion ($2.1 billion). These projects include commercial, residential, and hospitality developments, as well as strategic land plots, as part of the company’s commitment to supporting the Kingdom’s real estate sector and enhancing the quality of life in the holy city.

The announcement was made during a field tour by a delegation of high-level officials including Saleh Al-Rasheed, CEO of the Royal Commission for Makkah City and Holy Sites; Ihsan Bafakih, chairman of the board of directors of Sulaiman bin Abdulaziz Al-Rajhi Holding Company; Haitham Al-Fayez, chairman of Sulaiman Al-Rajhi Real Estate Company and CEO of Sulaiman Al-Rajhi Holding Company; Moath Al-Mukhudub, managing director and CEO of Sulaiman Al-Rajhi Real Estate Company; and Anas Mansour Abadi, CEO of real estate at Sulaiman Al-Rajhi Holding Company and representative of the Sulaiman Al-Rajhi Endowment, alongside members of the board of directors of both the holding and real estate companies and the executive team.

The tour included the launch of the Tilal Towers project, with an investment value of SR2 billion, featuring more than 2,500 hotel rooms, strengthening the hospitality sector in Makkah.

The delegation also visited the Tilal Village project, valued at SR2.8 billion. It is one of the prominent qualitative projects within the hospitality ecosystem in Makkah.

Furthermore, the visit covered the residential buildings within Tilal Village, comprising 828 units, with an investment of SR800 million. The delegation inspected the specialized hospital, medical complex housing, and the office and commercial plazas.

During the tour, a contract was signed for the Al-Rajhi Center project, valued at SR250 million, as part of a comprehensive rehabilitation plan.

The inspection also included the Al-Ukayshiyyah land, spanning 4 million square meters, and the Al-Ghazzawi project land, valued at SR250 million.

The tour concluded with prayers at the Aisha Al-Rajhi Mosque, the second-largest mosque in Makkah after the Grand Mosque, with a capacity for 50,000 worshippers.

This visit underscores the importance of these investments, which represent a clear direction toward enhancing the management of the endowment’s assets through diversification, redevelopment, and strategic expansion, in line with the development goals of the Makkah city and Saudi Vision 2030.

Sulaiman Al-Rajhi Real Estate, a subsidiary of Sulaiman bin Abdulaziz Al-Rajhi Holding Company, continues to provide innovative solutions to elevate the real estate sector to international standards.