Mohammed Al-Shammasi, CEO of Derayah Financial

Updated 23 August 2019
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Mohammed Al-Shammasi, CEO of Derayah Financial

  • Al-Shammasi graduated with honors from King Fahd University of Petroleum and Minerals and went on to take several management and leadership programs in Harvard Business School, Duke University and INSEAD Business School

Mohammed Al-Shammasi has been the CEO of investment solutions company Derayah Financial since September 2016. Al-Shammasi has worked in the fields of financial services, strategy, corporate governance and investment for more than 16 years.

Previously, Al-Shammasi was the company’s chief investment officer, responsible for Derayah Financial’s overall investment activities covering multiple asset classes.

Before joining Derayah Financial, he was head of investment management at NCB Capital. Prior to that job, he was a portfolio manager at Riyad Bank.

Al-Shammasi graduated with honors from King Fahd University of Petroleum and Minerals and went on to take several management and leadership programs in Harvard Business School, Duke University and INSEAD Business School.

Recently, Derayah Financial added forex contract trading services to its offerings. Through the recently launched Derayah Global and Derayah Global Plus services, customers can buy and sell, follow real-time prices in international markets, and create follow-up lists for shares, option contracts, and exchange-traded funds (ETFs).

“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 a series of options and all available contracts. We offer significant capital facilities, and our professionals are always 

there to answer customers’ questions and provide advice,” Al-Shammasi said at the launch of the new platforms.


Saudi Arabia’s KAUST advances AI training with winter school

Updated 8 sec ago
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Saudi Arabia’s KAUST advances AI training with winter school

  • The event provides a platform for research collaboration, academic partnerships, and connections with global scientific institutions

JEDDAH: King Abdullah University of Science and Technology is hosting the second MenaML Winter School, in partnership with the Ministry of Communications and Information Technology, from Jan. 24 to 29.

It brings together leading researchers, scientists, and specialists in artificial intelligence from across the Middle East and North Africa, the Saudi Press Agency reported.

The program aims to advance scientific research and build specialized technical skills through an intensive curriculum covering both theoretical and applied AI.

Sessions cover the latest in intelligent model engineering, AI for scientific applications, and high-efficiency computing technologies.

Representatives from 16 international scientific and technological institutions are participating, alongside 300 researchers selected from 2,300 applicants based on merit and research potential.

The event provides a platform for research collaboration, academic partnerships, and connections with global scientific institutions.

It promotes innovation and solutions across sectors, including energy, health, infrastructure, and advanced technology, the SPA reported.

The program strengthens regional human capital through advanced training, knowledge exchange with leading experts, and fostering an ecosystem that encourages research and innovation.

It also reinforces the Kingdom’s role as a regional and global hub for scientific research and advanced technologies, supporting its contribution to the development of AI.