Board Members

CEO & MD of STV, a $500M technology venture capital fund.

Previously, held executive leadership roles at Google’s headquarters in California. Headed the company’s global efforts to build new businesses and partnerships for Android, Mobile, and Wireless Communications. Prior to that, built and scaled Google’s Android and Play business across Eastern Europe, Middle East and North Africa.

First joined Google in 2009 to establish and lead Google’s business operations in emerging markets in the Middle East region. Directed Google’s strategy and investments to the region, grew revenues, and drove strategic partnerships.

Prior to Google, co-founded a number of technology ventures in the US and managed different tech consulting, banking, and design engagements at Oracle, Morgan Stanley, and Blueprint.

Member of a number of boards, executive, and investment committees. Founding Chairman of the Saudi VC & PE Association.

Named by the MIT Technology Review as a TR35 Pan-Arab Innovator, listed on the 30 under 30 lists of Arabian Business and Gulf Business, and was first recipient of the MIT ASO Science and Technology Achievement award.
Attended MIT and received BSc and MEng degrees in Electrical Engineering and Computer Science with a concentration in Economics.

Omar Almajdouie is the founding partner and CEO of Raed Ventures, a Saudi venture capital firm owned by Almajdouie Holding and invest in seed and early stage startups in the MENA region. He is the former CEO of Almajdouie Manufacturing LLC and he has more than 17 years of enriched experience in various managerial and executive positions.

As an investor and entrepreneur, Omar founded RAED Ventures in 2016 as part of Almajdouie Holding diversification strategy, and it provides funding for more than Twenty innovative startups in MENA region. Omar also is a member of board of directors for several leading tech startups.

Abdulaziz Jazzar is the Managing partner of Malaz Capital, a Riyadh based private equity firm. Between 2002 – 2004, he was the Managing Director of Saudi Research and Publishing Co (SRPC), the largest publishing house in the Middle East. Between 1993-2002 he was the President/CEO of International Systems Engineering Ltd (ISE) a company formed in partnership with The Boeing Compnay. Between 1976-1993 he was an officer in the Royal Saudi Airforce. He retired as the Director of computing, HQ. His Public assignments include Board Membership of the Riyadh Chamber of Commerce & Industry (2000 -2004) and the chairman of the organizing committee for Riyadh Economic Forum (2002 – 2006). He was also a member of the board of Trustees of the Centennial Fund and a Member of the board of directors of the Economic Cities Authority and of the National Industrial Cluster Depevelopment Program.

He graduated from Essex University in England with a Bachelors Degree in Computer & Communications Engineering. He received his Masters Degree in System Engineering from KFUPM University in Dhahran. In 1988 he received his Doctorate Degree in Computer Science from USC in California in the field of Artificial Intellegince.

He is married and has four children. His interests and hobbies are Skiing, Sailing, Swimming and painting.

Eyad is the Managing Partner of Eyad Reda Law Firm, supporting more than 30 lawyers, Eyad has
extensive experience in litigation and arbitration, he also participated in international trade agreements
and negotiations. Eyad has undertaken a range of Government, non-profit, corporate and commercial
work including mediation, arbitration, and advising regulated financial institutions on doing business in
Saudi Arabia, on PPP projects, initial public offerings, joint ventures, acquisitions, foreign investments,
companies’ incorporations, financial sector compliance arrangements as well as commercial
agreements and dispute resolution.

• Participated as a legal advisor in more than 40 arbitration cases between Saudi and non-Saudi parties
  of disputes of more than USD 12 B.
• Participated as an arbitrator in a major real estate industrial dispute in eastern province of SAR 4.2 B
  arbitration process.
• Represented more than 40 multinationals as well as national companies in commercial and corporate
  litigation in Saudi Arabia and GCC.
• Drafting regulatory framework for transportation and logistics sector in the economic cities in Saudi
  Arabia.
• Drafting economic cities laws and bylaws including aspects relating to employment, corporate
  governance, relationship with other government entities.
• Participated as lead lawyer for one of the world largest family restructuring, involving legal arrangement
  with more than 130 financial institutions and three government entities.
• Participating and leading work force to review public transportation and health care systems in Saudi
  Arabia and request regulatory changes for the public transportation system.
• Engaged as a legal counsel in PPP project in public transport in Mecca, Jeddah and Medina.
• Conducting a national wide due diligence in public transportation and health care system in Saudi
  Arabia and propose legal and regulatory changes based on international best practice.
• Participating in regulatory reform related to the employment and services sector laws during the
  accession of the kingdom of Saudi Arabia in WTO, including coordination and communication with 6
  government entities and 2 international organization.
• Acting as a lead lawyer in the workforce conducting comprehensive due diligence in regulatory aspects
  related to corporate and commercial reforms in Saudi Arabia.
• Acting as a legal counsel, drafting and reforming foreign investment and foreign employment laws in the
  state of Kuwait and Oman.
• Participated as a legal advisor in the multilateral meetings and agreements (Working Party Meetings)
  held in Geneva, concerning the accession of the Kingdom of Saudi Arabia to the World Trade
  Organization (WTO). “participated effectively in 24 bilateral agreement and three multilateral negotiation
  rounds” between the kingdom of Saudi Arabia and other countries, including Canada, Japan, Mexico,
  Brazil, Argentina, EU, Egypt, India and Sri Lanka.
• Engaged as a lead legal counsel with a private sector operator in services sector (banking and
  insurance) and acting as a legal representative with all 3rd parties’ agreements, government and private
  sector, performing a major reform between private and public sector.
• Participated as lead lawyer for Metro Jeddah Company- reviewing and redraft RFP for three packages
  based on FIDIC forms of contracts and from legal perspective.
• Participated as a legal consultant in reviewing and drafting a major laws and regulation, related to trade
  and finance in Saudi Arabia including commercial papers, anti-dumping, companies’ laws, labor law,
  commercial courts, foreign investment and insurance.
• Participated as a legal officer in the internal and external meetings and works of the Saudi National
  Committee at the International Chamber of Commerce (ICC).
• Publishing academic papers in areas related to: WTO, GCC, legal aspects of commercial and financial
  markets, judicial and legal experience in KSA, commercial dispute settlement and intellectual property
  and improvement of workforce in KSA.
• Participated effectively in drafting laws related to services sector in KSA.
• Participated in executing major legal transactions between governmental, semi- governmental,
  government owned companies and private sector.
• Heading a team in charge of drafting Legal Code and General Act of the Economic Cities, assisting in
  creating EC’s IPOs and joint stock companies, fund raising transaction, international due diligence and
  benchmarking, looking at major commercial and financial legal issues; and handling the land and
  commercial aspects and disputes of investors and developer in the ECs.
• Advising 5 Saudi companies in relation to IPO, legal aspects of IPO including economic cities operating
  companies and others.
• Advising on PPP projects between Saudi Government and major developers, 15 and 20 billion riyals
  capitalized projects
• Advising major Saudi family business groups in relation to restructuring, PPP and major employment
  assignments.
• Acting as a legal counsel for 5 major healthcare and pharmaceutical service providers in KSA including
  regulatory aspects, MOH, SFDA, licenses and other major legal aspects.

A pioneer in the entrepreneurial and venture investment space, while also establishing himself as a respected Angel Investor and a Founding Partner at several startups Careem, Halalah, and others. Faris is the Founder & Chairman of the Trustees Board at OQAL, he is also a member of Venture Capital & Private Equity Association, a Managing Partner at Derayah Venture Capital Fund, a Mentor at Endeavor Saudi, and an Eisenhower Fellow since 2005. Faris is a Board Member of several listed and unlisted companies including; Dallah Health Care, Shaker Group,and Saudi Home Loans Company.

Driven by a mission to empower and create, Farisi’s best known for inspiring entrepreneurs to succeed and seek professional and personal growth. His insights and expertise were recognized and appreciated by the several boards he sat in of endowments, associations,and corporations.

Aiman Al-Atiqi has over than eighteen years of venture capitaland private equity experience, with focus on investmentbanking, IPO’s, M&A advisory, merchant banking, privateplacement, corporate restructuring, corporate planning and investment management.

Joined Iris capital in 2012 as a Partner and prior that Al-Atiqiwas an Associate Director in the investment banking & privateequity department at Jadwa Investment Company for fiveyears. He previously headed the merger & acquisition divisionat Saudi Telecom Company and worked with them for sixyears.

Main Industry focus is information technology,telecommunications, building materials, manufacturing, retail,food and beverage, and oil & gas. Has very strong experiencewith early stage businesses and Saudi family businesses(mainly medium size companies).Al-Atiqi holds an MBA from London Business School (UK), MSin Telecom Management from Stevens Institute of Technology(USA) and BS in Telecom Systems from University ofWisconsin (USA).

Specializing in financial management and investment. Holds a master’s degree in financial management from the University of Hull (UK) and has more than 12 years of practical experience in the investment sector, including private equity and investment management.

Prior to joining the General Authority for Small and Medium Enterprises SMEA, he held senior positions in a number of entities, head of Private Equity in Public Pension Agency, and AMD Holding Company. He also served as a former board member in a number of listed and non-listed companies.

Board member of the VC/PE association.