Company news
Launch of “Hefth Cooperatives”
We are pleased to announce the launch of “Hefth Cooperatives”, enabling cooperative societies to manage their member registers and general assemblies electronically, and to manage membership changes within a secure system, strengthening governance and data reliability.
Preparing to launch the “Tanaqul” internal market
We are preparing to launch the internal market on “Tanaqul”, which will be available to selected companies in line with Capital Market Authority regulations and requirements, enabling their shareholders to buy and sell shares easily and securely.
“Tanaqul Precious” beta launched
We are pleased to announce the beta launch of “Tanaqul Precious” for a selected group of investors. The platform lets investors buy and sell gold, silver and platinum bars held in vaults directly with each other, with every custody record kept on a validated, chained ledger that anyone can view. The beta lets us test the platform's services before its public launch.
The CMA authorizes Exit Finance to transfer share ownership
The Capital Market Authority's board approved Exit Finance's fintech experiment permit (share ownership transfer). The company starts the regulatory experiment with a limited number of clients to confirm that automated trading protects rights and makes exiting investments easier.
Exit Finance's ordinary general assembly
Exit Finance's ordinary general assembly met on 17 March 2025 at the company's offices, reviewed the financial results for the year and approved the items on the agenda.
Cooperation and confidentiality agreement signed
The company signed a cooperation and confidentiality memorandum with Etqan Finance to explore cooperation that serves both companies' clients and develops their technical products.
Tanaqul app launches
The Tanaqul app launched, letting users track and manage their holdings in GCC closed joint-stock companies easily and securely.
Hefth launches
Exit announced the launch of Hefth, a digital platform for managing shareholder registers in closed joint-stock companies, to strengthen governance, organize data and keep it reliably accessible.