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Qatar-based Lesha Bank announced that its Saudi subsidiary, Lesha Capital, has officially obtained a Investment Management and Fund Operation license from the Saudi Capital Market Authority (CMA), in addition to the advisory license it had previously secured.

The new approval enables Lesha Capital to operate as a fully licensed investment firm in Saudi Arabia, marking a major milestone in the group’s regional expansion strategy.

Under the CMA license, Lesha Capital is authorized to conduct a broad range of regulated investment activities, strengthening its position as a compliant and well-governed institution within the Saudi financial market. The approval also reflects the company’s strong governance standards and its alignment with the Kingdom’s rapidly evolving and dynamic financial sector.

As a wholly owned subsidiary of Lesha Bank—Qatar’s leading Shariah-compliant investment institution listed on the Qatar Stock Exchange—Lesha Capital is set to serve as a strategic platform to expand the group’s footprint in Saudi Arabia. The move supports Lesha Group’s vision of enhancing cross-border investment flows and deepening financial integration across the Gulf’s largest markets.