Abdulaziz B. Al Loughani is co-founder & Managing Partner at Faith Capital, a venture capital practice that is focused on the GCC. He is also co-founder & CEO of Floward, a full-fledged flowers & gifts e-commerce platform. Previously, Abdulaziz was the founding Executive Vice Chairman of the Kuwait National Fund for SMEs Development, a USD 7bn independent public institution responsible for developing the entrepreneurial ecosystem in Kuwait (2013-2017). Prior to this role, he was a co-founder and Managing Partner of Talabat.com until 2010, and has since then been investing in technology startups and has been involved in a number of local and regional entrepreneurial initiatives. Abdulaziz has also previously served as Director at Global Capital Management, the alternative investments arm of Global Investment House “Global”, where he has played a major role in managing key investments within the Private Equity Group of Global.
“At first, yes we were solving a problem but the mindset was very local… We were very focused on Kuwait and when Maktoob.com got acquired by Yahoo, back in 2008, this is when it kind of lit the light on a more regional perspective.”
Abdulaziz B. Al Loughani
On this episode, you’ll learn:
How does the Kuwait government conduct investment promotion for their startup and business environment? [4:30]
What’s the state of venture capital as an asset class in the Gulf region? [9:55]
What’s the state of Commerce across the Gulf region? [13:00]
Recorded in partnership with
PeaceTech Lab works to reduce violent conflict using technology, media, and data to accelerate and scale peacebuilding efforts. An independent nonprofit, the Lab brings together engineers and activists, MBAs and conflict experts, social scientists, data scientists, and other innovators to put the right tools in the right hands to build peace.
Amir Hegazi is a lifelong entrepreneur, with over 20 years of startup, tech, e-commerce, and digital media experience. He is the Managing Partner of intoMENA Group, a consulting firm that…
Joy Ajlouny co-founded Fetchr in 2015 , a Silicon Valley-backed tech company that was created to tackle the Middle East’s “no address” issue, which has been long been a hindrance…
Mr. Ahmed El Alfi is the Founder and Chairman of Sawari Ventures a Cairo-based venture capital firm. Established in 2010, the goal of Sawari is to help transform Egyptian and…
Christopher M. Schroeder is a Washington D.C. and New York City based entrepreneur and venture investor. He co-founded HealthCentral.com, one of the nation’s largest social and content platforms in health…
Alexandre (Alex) Lazarow has spent his career working at the intersection of investing, innovation, and economic development in the private, public, and social sectors. He is a venture capitalist with…
Omar Christidis is the founder of CEO of ArabNet, a digital media venture with the goal of spearheading the Arab Web and Mobile movement, and encouraging its expansion worldwide, was…