Company attributes
Location
Founded Date
1973
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Invested in
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Company Operating Status
Active
Shoaibi Group is a microventure capital firm in Saudi Arabia that focuses on manufacturing oil products. It focuses on the oil, gas, power, IT and telecommunications sectors and has industrial and commercial activities in the Kingdom of Saudi Arabia , across the Middle East and internationally. The Shoaibi Group is a founding member of the Gulf Capital, Gulf One Bank, Venture Capital Bank and Saudi United Cooperative Insurance Company. Founded 1973 in Al Khobar, Ash Sharqiyah, Saudi Arabia, it invests in early stage ventures. Its portfolio companies include Fotech Solutions Ltd. Shoaibi Group has invested in Fotech Solutions Ltd on June 26, 2008. This investment in the Series A round of Fotech Solutions Ltd was valued at £6.5M.
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