Partnership between Riyadh Valley Company and Naseba

Riyadh. For three years Naseba, French business facilitation company, has been introducing worldwide, pre-selected investment opportunities to Riyadh Valley Company, the investment arm of King Saudi University.Today, the two have inked the partnership that will create, develop and manage the MENA Venture Capital and Private Equity Summit, taking place in Riyadh on October 25th and 26th.This high-level 2-day executive event focuses on private equity and venture capitalists from the GCC countries, who are seeking to learn best-in-class methodologies that will help them to enhance their investment strategic planning and performance management. Most promising global emerging firms across healthcare, renewable energy and IT sectors will be provided with unmatched exposure to the region’s top venture capitalists and private equity investors.The partnership was signed today in Riyadh, between Dr Khalid Al Saleh, CEO of RVC and Fabien Faure, Managing Director of Naseba.
Riyadh Valley Company is the investment arm of king Saud University and one of the Kingdom’s largest initiatives, developed to help adopt innovation culture and foster entrepreneurship. For them, this summit is all about leveraging local capabilities, investing locally and globally in early-stage and growth businesses to create financial returns and strategic returns that will support the future of Saudi Arabian economic development. “Long-lasting relationship has just became stronger. Naseba has been our instrumental partner in connecting us with promising businesses across the globe, which was highlighted last month when we successfully invested in Solexel. This partnership is just a logical continuation of our relationship, but now we will join our forces and connect many more companies with our local investors, with the ultimate goal in our mind – to spur the economic development of Saudi Arabia”, commented Dr Khalid Al Saleh.