FALCOM is an investment bank located in Saudi Arabia

Saudi Arabia

The Kingdom of Saudi Arabia , commonly known in British English as Saudi Arabia and in Arabic as as-Sa‘ūdiyyah , is the largest state in Western Asia by land area, constituting the bulk of the Arabian Peninsula, and the second-largest in the Arab World...

. It was established in February 2007. The bank

Bank

A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...

has won several awards including:

• Arabian Business Awards 2008 - Best New Investment Bank 2008
• Global Finance Awards 2008 - Best Investment Bank 2008
• World Finance Awards 2008 - Best Investment Bank 2008
• Global Finance Awards 2010 - Best Investment Bank 2010
• Global Finance Awards 2008 - Best Trading Platform

In 2003, the Saudi Arabian government started the capital market reform process by introducing the Capital Market Law (CML) which was followed up by setting up the Capital Markets Authority (CMA). The CML allowed for the licensing of new non-banking financial services companies for the following activities:

Dealing
- Principal
- Agent
- Underwriting
Custody
custody of fiduciary assets

Advisory
- Investment advisory
- Research
- Non-discretionary portfolio management
Managing
discretionary portfolio management and collective investment schemes

Arranging
corporate finance advisory and fund raising

29-April-2010, Falcom Launches First ETF called as F30 in the History of Saudi Arabia

External links

• http://www.falcom.com.sa
• http://www.tadawuly.com.sa
• http://www.falcomwatch.com
• http://etf.falcomwatch.com
• http://oman.falcomwatch.com