Who We Are
Our Name,
Our Values
Saudi business was built by its merchants — the family houses whose judgment, diligence, and commitment to success earned reputations measured in generations. Our name and identity are rooted in that heritage, carrying forward its principles to build an enduring reputation and lasting impact in modern capital markets.
Our Edge
Perspective
Strategic
We advise with a long-term perspective and act with conviction — looking beyond the immediate deal to strengthen our clients' position and build value that endures.
The long view, acted on with conviction.
Standard
Institutional
Disciplined execution, strong governance, and clear accountability on every engagement — the consistency and transparency our clients and investors rely on.
Trust, earned through discipline.
Structure
Creative
Integrated strength across debt, equity, project finance, and M&A lets us engineer solutions beyond the conventional — commercially sound and strategically aligned.
Structure is where value is made.
Reach
Connected
Relationships spanning sovereign funds, financial institutions, family offices, and strategic investors across Saudi Arabia, the GCC, and global markets.
A live read on capital, and the reach to close.
Our Edge
Perspective
Strategic
We advise with a long-term perspective and act with conviction — looking beyond the immediate deal to strengthen our clients' position and build value that endures.
The long view, acted on with conviction.
Standard
Institutional
Disciplined execution, strong governance, and clear accountability on every engagement — the consistency and transparency our clients and investors rely on.
Trust, earned through discipline.
Structure
Creative
Integrated strength across debt, equity, project finance, and M&A lets us engineer solutions beyond the conventional — commercially sound and strategically aligned.
Structure is where value is made.
Reach
Connected
Relationships spanning sovereign funds, financial institutions, family offices, and strategic investors across Saudi Arabia, the GCC, and global markets.
A live read on capital, and the reach to close.
Our Edge
Perspective
Strategic
We advise with a long-term perspective and act with conviction — looking beyond the immediate deal to strengthen our clients' position and build value that endures.
The long view, acted on with conviction.
Standard
Institutional
Disciplined execution, strong governance, and clear accountability on every engagement — the consistency and transparency our clients and investors rely on.
Trust, earned through discipline.
Structure
Creative
Integrated strength across debt, equity, project finance, and M&A lets us engineer solutions beyond the conventional — commercially sound and strategically aligned.
Structure is where value is made.
Reach
Connected
Relationships spanning sovereign funds, financial institutions, family offices, and strategic investors across Saudi Arabia, the GCC, and global markets.
A live read on capital, and the reach to close.
How We Do It
Strategic
We approach every relationship with a long-term perspective. We advise with responsibility and act with conviction, looking beyond immediate outcomes to help our partners build stronger businesses, strengthen their market position, and create enduring impact.
Institutional
Institutional standards define how we work and earn trust. We apply disciplined execution, strong governance, and clear accountability to every engagement — delivering the consistency, transparency, and confidence our clients and investors expect.
Creative
Complex challenges require a creative mindset. Our integrated strength across debt and equity financing, project finance, and corporate advisory enables us to look beyond conventional approaches, developing solutions that are commercially sound, strategically aligned, and built for long-term value.
Connected
Our relationships extend across Saudi Arabia, the GCC, and international markets — spanning sovereign funds, financial institutions, family offices, private wealth, and strategic investors. This continuous engagement gives us deep insight into investor appetite, capital flows, and market conditions, enabling us to position transactions through to successful closing.
How We Do It
Strategic
We build lasting partnerships through responsible advice, decisive action, and enduring impact.
Institutional
Disciplined execution, strong governance, and clear accountability earn client and investor trust.
Creative
Creative, integrated thinking transforms complex challenges into commercially sound, lasting value.
Connected
Saudi, GCC, and global relationships provide the insight driving successful transaction closings.
How We Do It
Strategic
We build lasting partnerships through responsible advice, decisive action, and enduring impact.
Institutional
Disciplined execution, strong governance, and clear accountability earn client and investor trust.
Creative
Creative, integrated thinking transforms complex challenges into commercially sound, lasting value.
Connected
Saudi, GCC, and global relationships provide the insight driving successful transaction closings.
Our Firm
Founded in Riyadh, Merchants Capital is a Saudi capital market institution licensed by the Capital Market Authority (CMA). We provide strategic investment banking services across our four practices — debt and equity capital markets, project finance, mergers & acquisitions.
Board & Advisors
Tarek Tawfik
Chairman & CEO
Tarek Tawfik
Chairman & CEO
Throughout his career, Tarek has held senior leadership positions at leading local and international institutions, including Deutsche Bank, Barclays, Banque Saudi Fransi (BSF), and Abdulrahman Saad Al-Rashid & Sons Company (ARTAR). On the entrepreneurial front, he co-founded successful businesses in the United Kingdom, India, and Singapore.
Tarek holds a Bachelor's degree in Financial Management from King Saud University and has completed executive and professional programs with the Saudi Central Bank and BSF in Islamic finance and capital markets.
Osama Abbass
Managing Partner
Osama Abbass
Managing Partner
With more than two decades of experience across Saudi and regional capital markets, Osama has advised on strategic transactions while managing investment funds exceeding USD 3 billion across equities, sukuk, money markets, real estate, and alternative investments.
Prior to joining Merchants Capital, Osama held senior positions at Jadwa Investment and Abdulrahman Saad Al-Rashid & Sons Company (ARTAR). He is a CFA Charter holder, CAIA Charter holder, and Certified Management Accountant (CMA), and has completed executive education at London Business School in Leadership and in Project & Infrastructure Finance.
Adel Alsubeaei
Board Director
Adel Alsubeaei
Board Director
He currently serves as CEO of Ibrahim Mohammed Alsubeaei & Sons Investment Company and chairman of Inclusive Financial Solutions Company.
Earlier in his career, he held executive roles and board directorships at prominent institutions, including MASIC, Thakher Makkah Company, and the Private Banking division of Bank Albilad.
Adel holds a Bachelor’s degree in Administrative Sciences (Economics) from King Saud University and is a Certified Financial Planner and Certified Wealth Manager, accredited by the Saudi Institute of Banking.
Saud Alquaifil
Board Advisor
Saud Alquaifil
Board Advisor
Saud currently serves as Partner, Real Estate Advisory at Deloitte Saudi Arabia. He previously held several leadership positions, including CEO of INMAR Real Estate Company and CEO of Tunuf Real Estate Advisory, as well as senior advisory roles at Ernst & Young, ValuStrat, Jones Lang LaSalle (JLL), and TAQEEM.
Saud is a Member of the Royal Institution of Chartered Surveyors (MRICS), a TAQEEM-accredited valuer, and holds a Master of Science in Real Estate and Construction Management from the University of Denver.
Board & Advisors
Tarek Tawfik
Chairman & CEO
Tarek Tawfik
Chairman & CEO
Throughout his career, Tarek has held senior leadership positions at leading local and international institutions, including Deutsche Bank, Barclays, Banque Saudi Fransi (BSF), and Abdulrahman Saad Al-Rashid & Sons Company (ARTAR). On the entrepreneurial front, he co-founded successful businesses in the United Kingdom, India, and Singapore.
Tarek holds a Bachelor's degree in Financial Management from King Saud University and has completed executive and professional programs with the Saudi Central Bank and BSF in Islamic finance and capital markets.
Osama Abbass
Managing Partner
Osama Abbass
Managing Partner
With more than two decades of experience across Saudi and regional capital markets, Osama has advised on strategic transactions while managing investment funds exceeding USD 3 billion across equities, sukuk, money markets, real estate, and alternative investments.
Prior to joining Merchants Capital, Osama held senior positions at Jadwa Investment and Abdulrahman Saad Al-Rashid & Sons Company (ARTAR). He is a CFA Charter holder, CAIA Charter holder, and Certified Management Accountant (CMA), and has completed executive education at London Business School in Leadership and in Project & Infrastructure Finance.
Adel Alsubeaei
Board Director
Adel Alsubeaei
Board Director
He currently serves as CEO of Ibrahim Mohammed Alsubeaei & Sons Investment Company and chairman of Inclusive Financial Solutions Company.
Earlier in his career, he held executive roles and board directorships at prominent institutions, including MASIC, Thakher Makkah Company, and the Private Banking division of Bank Albilad.
Adel holds a Bachelor’s degree in Administrative Sciences (Economics) from King Saud University and is a Certified Financial Planner and Certified Wealth Manager, accredited by the Saudi Institute of Banking.
Saud Alquaifil
Board Advisor
Saud Alquaifil
Board Advisor
Saud currently serves as Partner, Real Estate Advisory at Deloitte Saudi Arabia. He previously held several leadership positions, including CEO of INMAR Real Estate Company and CEO of Tunuf Real Estate Advisory, as well as senior advisory roles at Ernst & Young, ValuStrat, Jones Lang LaSalle (JLL), and TAQEEM.
Saud is a Member of the Royal Institution of Chartered Surveyors (MRICS), a TAQEEM-accredited valuer, and holds a Master of Science in Real Estate and Construction Management from the University of Denver.
Leadership
Tarek Tawfik
Chairman & CEO
Tarek Tawfik
Chairman & CEO
Throughout his career, Tarek has held senior leadership positions at leading local and international institutions, including Deutsche Bank, Barclays, Banque Saudi Fransi (BSF), and Abdulrahman Saad Al-Rashid & Sons Company (ARTAR). As an entrepreneur, he co-founded successful businesses in the United Kingdom, India, and Singapore.
Tarek holds a Bachelor's degree in Financial Management from King Saud University and has completed executive and professional programs with the Saudi Central Bank (SAMA) and Banque Saudi Fransi in Islamic finance and capital markets.
Osama Abbass
Managing Partner
Osama Abbass
Managing Partner
With more than two decades of experience across Saudi and regional capital markets, Osama has advised on strategic transactions while managing investment portfolios exceeding USD 3 billion across equities, sukuk, money markets, real estate, and alternative investments.
Prior to joining Merchants Capital, Osama held senior positions at Jadwa Investment and Abdulrahman Saad Al-Rashid & Sons Company (ARTAR). He is a CFA Charterholder, CAIA Charterholder, and Certified Management Accountant (CMA), and has completed executive education at London Business School in Leadership and in Project & Infrastructure Finance.
Tarek Tawfik
Chairman & CEO
Tarek Tawfik
Chairman & CEO
Throughout his career, Tarek has held senior leadership positions at leading local and international institutions, including Deutsche Bank, Barclays, Banque Saudi Fransi (BSF), and Abdulrahman Saad Al-Rashid & Sons Company (ARTAR). As an entrepreneur, he co-founded successful businesses in the United Kingdom, India, and Singapore.
Tarek holds a Bachelor's degree in Financial Management from King Saud University and has completed executive and professional programs with the Saudi Central Bank (SAMA) and Banque Saudi Fransi in Islamic finance and capital markets.
Tarek Tawfik
Chairman & CEO
Tarek Tawfik
Chairman & CEO
Throughout his career, Tarek has held senior leadership positions at leading local and international institutions, including Deutsche Bank, Barclays, Banque Saudi Fransi (BSF), and Abdulrahman Saad Al-Rashid & Sons Company (ARTAR). As an entrepreneur, he co-founded successful businesses in the United Kingdom, India, and Singapore.
Tarek holds a Bachelor's degree in Financial Management from King Saud University and has completed executive and professional programs with the Saudi Central Bank (SAMA) and Banque Saudi Fransi in Islamic finance and capital markets.
Advisory Board
Tarek Tawfik
Chairman & CEO
Tarek Tawfik
Chairman & CEO
Throughout his career, Tarek has held senior leadership positions at leading local and international institutions, including Deutsche Bank, Barclays, Banque Saudi Fransi (BSF), and Abdulrahman Saad Al-Rashid & Sons Company (ARTAR). As an entrepreneur, he co-founded successful businesses in the United Kingdom, India, and Singapore.
Tarek holds a Bachelor's degree in Financial Management from King Saud University and has completed executive and professional programs with the Saudi Central Bank (SAMA) and Banque Saudi Fransi in Islamic finance and capital markets.
Osama Abbass
Managing Partner
Osama Abbass
Managing Partner
With more than two decades of experience across Saudi and regional capital markets, Osama has advised on strategic transactions while managing investment portfolios exceeding USD 3 billion across equities, sukuk, money markets, real estate, and alternative investments.
Prior to joining Merchants Capital, Osama held senior positions at Jadwa Investment and Abdulrahman Saad Al-Rashid & Sons Company (ARTAR). He is a CFA Charterholder, CAIA Charterholder, and Certified Management Accountant (CMA), and has completed executive education at London Business School in Leadership and in Project & Infrastructure Finance.
Tarek Tawfik
Chairman & CEO
Tarek Tawfik
Chairman & CEO
Throughout his career, Tarek has held senior leadership positions at leading local and international institutions, including Deutsche Bank, Barclays, Banque Saudi Fransi (BSF), and Abdulrahman Saad Al-Rashid & Sons Company (ARTAR). As an entrepreneur, he co-founded successful businesses in the United Kingdom, India, and Singapore.
Tarek holds a Bachelor's degree in Financial Management from King Saud University and has completed executive and professional programs with the Saudi Central Bank (SAMA) and Banque Saudi Fransi in Islamic finance and capital markets.
Tarek Tawfik
Chairman & CEO
Tarek Tawfik
Chairman & CEO
Throughout his career, Tarek has held senior leadership positions at leading local and international institutions, including Deutsche Bank, Barclays, Banque Saudi Fransi (BSF), and Abdulrahman Saad Al-Rashid & Sons Company (ARTAR). As an entrepreneur, he co-founded successful businesses in the United Kingdom, India, and Singapore.
Tarek holds a Bachelor's degree in Financial Management from King Saud University and has completed executive and professional programs with the Saudi Central Bank (SAMA) and Banque Saudi Fransi in Islamic finance and capital markets.
Leadership
Tarek Tawfik
Chairman & CEO
Tarek Tawfik
Chairman & CEO
Throughout his career, Tarek has held senior leadership positions at leading local and international institutions, including Deutsche Bank, Barclays, Banque Saudi Fransi (BSF), and Abdulrahman Saad Al-Rashid & Sons Company (ARTAR). As an entrepreneur, he co-founded successful businesses in the United Kingdom, India, and Singapore.
Tarek holds a Bachelor's degree in Financial Management from King Saud University and has completed executive and professional programs with the Saudi Central Bank (SAMA) and Banque Saudi Fransi in Islamic finance and capital markets.
Osama Abbass
Managing Partner
Osama Abbass
Managing Partner
With more than two decades of experience across Saudi and regional capital markets, Osama has advised on strategic transactions while managing investment portfolios exceeding USD 3 billion across equities, sukuk, money markets, real estate, and alternative investments.
Prior to joining Merchants Capital, Osama held senior positions at Jadwa Investment and Abdulrahman Saad Al-Rashid & Sons Company (ARTAR). He is a CFA Charterholder, CAIA Charterholder, and Certified Management Accountant (CMA), and has completed executive education at London Business School in Leadership and in Project & Infrastructure Finance.
Tarek Tawfik
Chairman & CEO
Tarek Tawfik
Chairman & CEO
Throughout his career, Tarek has held senior leadership positions at leading local and international institutions, including Deutsche Bank, Barclays, Banque Saudi Fransi (BSF), and Abdulrahman Saad Al-Rashid & Sons Company (ARTAR). As an entrepreneur, he co-founded successful businesses in the United Kingdom, India, and Singapore.
Tarek holds a Bachelor's degree in Financial Management from King Saud University and has completed executive and professional programs with the Saudi Central Bank (SAMA) and Banque Saudi Fransi in Islamic finance and capital markets.
Tarek Tawfik
Chairman & CEO
Tarek Tawfik
Chairman & CEO
Throughout his career, Tarek has held senior leadership positions at leading local and international institutions, including Deutsche Bank, Barclays, Banque Saudi Fransi (BSF), and Abdulrahman Saad Al-Rashid & Sons Company (ARTAR). As an entrepreneur, he co-founded successful businesses in the United Kingdom, India, and Singapore.
Tarek holds a Bachelor's degree in Financial Management from King Saud University and has completed executive and professional programs with the Saudi Central Bank (SAMA) and Banque Saudi Fransi in Islamic finance and capital markets.
Trusted By
Trusted By
Advisory Board