News Details - anbcapital
09 Feb, 2026
anb capital Signs Strategic Agreement with InvestSky
Riyadh, Saudi Arabia – February 2026 — anb capital announced the signing of a strategic agreement with InvestSky, MENA’s first social trading platform, to support InvestSky’s entry into the Saudi market following its receipt of the Financial Technology Experimental Permit from the Capital Market Authority (CMA).
Through this collaboration, anb capital will provide the infrastructure and market expertise required to support InvestSky in delivering accessible social trading services tailored to retail investors in the Kingdom.
“This partnership reflects our commitment to enabling responsible fintech innovation within a fully regulated framework,” said Khalid Alghamdi, CEO of anb capital. “By combining InvestSky’s technology with our experience, we are supporting broader investor participation while maintaining the standards expected of the Saudi capital market.”
Turki Alalshaikh, Managing Director of InvestSky, commented: “Receiving the CMA Fintech Experimental Permit is a major milestone for InvestSky. Partnering with anb capital—one of the Kingdom’s leading financial institutions—has been instrumental in bringing this model to life. We are grateful to CMA, anb capital, our investors, and Fintech Saudi for their trust and support.”
Nitish Mittal, Founder and CEO of InvestSky, added: “Our entry into Saudi Arabia is a major step forward in our mission to democratize investing across the MENA region. With the CMA license and our partnership with anb capital, we can deliver a highly localized experience for Saudi investors.”
This initiative reinforces anb capital’s ongoing efforts to strengthen governance, transparency, and investor empowerment, while contributing to the continued development of the Kingdom’s financial ecosystem in line with global best practices.
Through this collaboration, anb capital will provide the infrastructure and market expertise required to support InvestSky in delivering accessible social trading services tailored to retail investors in the Kingdom.
“This partnership reflects our commitment to enabling responsible fintech innovation within a fully regulated framework,” said Khalid Alghamdi, CEO of anb capital. “By combining InvestSky’s technology with our experience, we are supporting broader investor participation while maintaining the standards expected of the Saudi capital market.”
Turki Alalshaikh, Managing Director of InvestSky, commented: “Receiving the CMA Fintech Experimental Permit is a major milestone for InvestSky. Partnering with anb capital—one of the Kingdom’s leading financial institutions—has been instrumental in bringing this model to life. We are grateful to CMA, anb capital, our investors, and Fintech Saudi for their trust and support.”
Nitish Mittal, Founder and CEO of InvestSky, added: “Our entry into Saudi Arabia is a major step forward in our mission to democratize investing across the MENA region. With the CMA license and our partnership with anb capital, we can deliver a highly localized experience for Saudi investors.”
This initiative reinforces anb capital’s ongoing efforts to strengthen governance, transparency, and investor empowerment, while contributing to the continued development of the Kingdom’s financial ecosystem in line with global best practices.
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anb capital Company (CJS) is authorized by the Capital Market Authority Number 07072-37 Unified number 7001548267. P.O. Box: 220009 Riyadh 11311 Kingdom of Saudi Arabia.

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