Irfan Ellam

NCB Capital

Director, Head of Research @ NCB Capital

Irfan is Head of Equity Research for NCB Capital. He is a highly experienced finance professional with over 25 years’ experience in the Middle East, UK, Central and Eastern European markets, both in equity research and equity corporate finance. During his tenure, NCB Capital was voted the Best Research House in Saudi Arabia for 2017 by International Finance. 

Irfan Ellam
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Latest articles from Irfan Ellam
Strategy Note / Saudi Arabia

Saudi strategy: MSCI Quarterly Review – August 2020

MSCI announced the outcome of the August 2020 Quarterly Index Review (SAIR), with changes for Saudi indices to be implemented on the closing prices of 31 August 2020. Besides, there were no additions or deletions on the standard Index. Also for the M...
NCB Capital Nauman Khan
Nauman Khan @ NCB Capital 13 August 2020
Strategy Note / Saudi Arabia

2020 Saudi Equity Strategy

We expect 2020 to be a more positive year for the Saudi economy,with stronger growth driven by the non-oil sector as a result of progress on the Vision Realisation Programs (VRPs) and the domestic investment of the proceeds of the Saudi Aramco IPO. O...
NCB Capital Irfan Ellam
Irfan Ellam @ NCB Capital 20 January 2020

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