Amana Capital, Arabic Trader open new training hub in Kuwait

Middle East financial services group Amana Capital and Arabic Trader announced Monday they will establish  a physical presence in Kuwait City to follow up on their program of financial trainings and workshops held throughout the Middle East last summer.

The program, to be based in Al Jawhara Tower in Kuwait City, will be a hub for training in financial trading, management and analysis. Program officials said the partnership is an attempt to combine Arabic Trader's training capacity with Amana Capital's experience in the market.

"Our long experience in this field allows us to better understand the needs of Arab traders in the region and provide them with advanced products in a professional manner," Arabic Trader CEO Talal Sumayri said. "Our new presence in Kuwait will allow us to better satisfy those needs."

The initiative addresses what company officials say is a growing demand among investors in the region for increased financial literacy and investment training.

"Our goals go beyond expanding geographically by opening offices in several countries," Amana Capital CEO Ahmad Khatib said. "We actually seek to expand our offerings by cooperating with our partners in order to better satisfy the needs of Arab traders everywhere."

Amana Capital Group is a financial services firm owning several entities that offer international financial and consulting services on currencies, marketing, and management.

Arabic Trader is a financial education company that works with investors seeking to increase their ability to succeed in the financial marketplace through investment.