Riyadh – Exclusive Sharikat Mubasher: In an interview with Sharikat Mubasher during the LEAP 2025 Conference, Yasser Farha, CEO of SahmAlgo said that the platform uses data science and information technology to provide sophisticated and intelligent information for stock traders.
In addition, the platform leverages AI technologies in texts and indicators analysis with over 700 algorithmic models and 60 million worth of data per week.
Farha further said that SahmAlgo worked for almost a year on developing a feature, which the company officially launched during the conference, namely ‘Shahry Algo’.
Shahry Algo is a feature that generates a list of top companies with special performance every month. Moreover, the platform has a feature for news analysis that follows companies’ business news and generates a classification for the piece of news whether it has a negative, positive, or neutral impact on the company’s stock price.
The official revealed that SahmAlgo plans to launch the ‘Algo Trading’ feature within the coming months, which mainly serves enterprises, unlike other features that ultimately focus on individual investors.
Additionally, SahamAlgo provides in-depth information about the financial status of each company through its profile including DimensionsAlgo (prices, valuation, financials, management effectiveness, and growth).
SahmAlgo is a platform owned by Al-Khwarizmi Information Technology Company, a Saudi-registered company licensed by the Saudi Exchange Tadawul to publish financial information. SahmAlgo is the result of years of research and development by the company’s founders to build an advanced and intelligent information system that benefits individual investors throughout their daily, weekly, and monthly trading activities in the stock market. The company’s commercial entity was established in 2022 after participating in the MVPLab initiative under the National Information Technology Development Program (NTDP).
The fourth edition of the LEAP Technology Conference (LEAP25) concluded its sessions last week at the Riyadh Exhibition and Convention Center in Malham, drawing significant participation from technology leaders, investors, and international experts.
Held from February 9 to 12, the event highlighted cutting-edge digital innovations, sustainability, the knowledge economy, and the role of technology in reshaping key industries.
The conference attracted a diverse group of experts and innovators from around the world, all convening to explore the latest technological advancements and shape the future of critical sectors.