About Arraf | عرّاف

Arraf is a research project that uses artificial intelligence and analysis of disclosures and operating data to develop revenue and earnings forecasts for listed companies.

The forecasts are based on an understanding of each company's business and assumptions about its future performance, using information available up to the stated cutoff date. The project aims to develop its methodology by comparing published forecasts with actual results and analyzing the reasons for differences, without guaranteeing improved accuracy in every period.

Disclaimer

Arraf is not a financial institution licensed by the Capital Market Authority.

Arraf content is provided solely for research and general information. It is not a recommendation to buy, sell or hold any security, nor personalized investment advice that considers the user's objectives, financial circumstances or risk tolerance.

Published forecasts are research opinions and estimates based on data and assumptions that may be incomplete or change later. They may contain errors in sources, analysis or artificial intelligence outputs. Forecast figures are not actual results or company guidance, and their accuracy or realization is not guaranteed. The accuracy of past forecasts does not guarantee the accuracy of future forecasts.

The content should not be relied upon alone when making an investment decision. Users should consult official disclosures and seek assistance from a licensed capital market institution when investment advice is needed.

The researchers and website management are not responsible for losses arising from investment decisions made by users in reliance on the content.

Research supervisor

Abdullah Albudairy

A telecommunications engineer with an interest in investing and capital markets, and the research supervisor of the Arraf project. His focus is on using artificial intelligence to understand companies' businesses and analyze their revenue and earnings drivers.

Holds the CME-1, CME-4 and CME-5 certifications, and is a Level III candidate in the CFA program (CFA Level III Candidate).