CEO of Saudi Arabia’s Newest Technology Investment Fund STV Shoots for the Moon
By newsonline - Sabtu, 05 Januari 2019
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Tarabzouni is the youthful chief executive and managing director of Saudi Arabia’s newest technology investment fund, STV. It began operations just over a year ago, independently managed but backed by the Kingdom’s communications giant Saudi Telecom, aiming to exploit opportunities in the technology sector, which has been identified as core to the Vision 2030 economic development strategy.
STV is looking for world-changing investment opportunities. “As venture capitalists, we are seeking ideas that improve things by a factor of 100, not by a factor of 10. I think that’s the same spirit that we see nowadays in Saudi Arabia from the top down,” he explained.
Tarabzouni typifies the new generation of Saudi business leaders who are leading the top-down transformation of the country and its economy, and the journey away from oil dependency. (more)
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