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Tuesday, April 23, 2024
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Bahrain’s Hope Ventures co-invests USD 330k alongside Kuwait’s Yousef AlSultan and the private sector in Koala Picks

Bahrain’s Hope Ventures co-invests USD 330k alongside Kuwait’s Yousef AlSultan and the private sector in Koala Picks

On Episode 5 of Beban Period 2

Hope Ventures, the financial investment arm of Hope Fund and manufacturers of Beban TV show, co-invests USD 330k in Koala Picks together with the economic sector comprising Kuwaiti financier Mr. Yousef AlSultan, CEO of Nuzha Ventures and also Mr. Basel Alabdulkarim, Saudi angel Financier & President of EO Saudi East on the fifth episode of Beban Season 2.

Koala Picks is a brand that makes healthy treat boxes with natural components for youngsters as well as grownups, co-founded by Ahmed Mubasher, Aya Assaf, and also Omnia Abdelhalim. The brand name gets on a goal to make it possible for families to lead much healthier way of livings via its numerous polished sugar-free, preservative-free, trans-fats-free, and man-made ingredients-free products.

Discussing the event, Fajer Al Pachachi, General Supervisor at Hope Ventures, claimed: “I am thrilled to be co-investing along with local private-sector capitalists whose substantial network as well as competence will tactically support Koala Picks in the growth as well as product development and also distribution on regional as well as worldwide levels. The co-founders’ enthusiasm, drive, and also forward-thinking resemble our worth of buying business owners and also the group behind the business.”

On his component, Yousef AlSultan, CEO of Nuzha Ventures, commented: “As a financier from Kuwait, Beban has actually removed the regional barrier as well as reduced accessibility to exceptional service possibilities which previously were out our radar. The Koala Picks group is one that showcased dedication, while the business has the potential to range as well as grow to become a family name in the Arab globe with our support and also experience as strategic financiers.”

While Basel Alabdulkarim, Saudi angel Investor & President of EO Saudi East, also discussed his co-investment together with Hope Ventures: “The most noticeable aspect of this investment is that it is a true testimony to the fruits of Hope Ventures’ campaigns stood for via Beban television show. Beban brings a positive influence on entrepreneurs, financiers, and both neighborhood and also regional economies. I am positive regarding the co-investment in between the public and private sectors, as the latter will bring their abundant experiences to profit all. Koala Picks will certainly have our assistance to reach their desired desires, and we expect supporting them.”

Together With Mr. Yousef AlSultan and also Basel Alabdulkarim, episode 5’s panel of investors included Dr. Abdulelah Algosaibi, a Saudi capitalist in arising modern technologies, and was regulated by His Excellency Aymen bin Tawfiq Almoayed, Chairman of Hope Fund, who was likewise standing for Hope Ventures’ investments.

Beban period 2, which is 100% powered by renewable energy with Hope Ventures’ collaboration with The Oil as well as Gas Holding Firm B.S.C (shut) (“nogaholding”) and also the Electrical Power and Water Authority (EWA), was filmed in Al Areen Royal Residence as well as Spa by Accor, whereby entrepreneurs pitch their companies before a panel of regional capitalists for prompt investment and also company chances.

The program aims to shed light on appealing entrepreneurs and also matchmake them with calculated investors to increase their development and growth right into international markets. The show can be streamed on the region’s first and greatest video-on-demand system, Shahid, absolutely free or seen as it broadcasts at 6 PM (+3 GMT) on Bahrain TV, 9:30 PM (+3 GMT) on Alrai TV, and 10:30 PM (+3 GMT) on Dubai Television.

A brand-new episode of Beban will air every Wednesday of this month. You can enjoy the following episode airing on the 8th of February 2023, on Bahrain Television at 6 PM and on AlRai Television at 9:30 PM or anytime on the area’s initial and greatest video-on-demand system, Shahid.

Last Updated:  03 February 2023

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