Al Zayani Investments Group has announced the launch of its new venture capital wing right at the heart of Manama, Bahrain.
Dubbed Al Zayani Venture Capital, the new investment platform will focus primarily on promoting the growth of startups and disruptive technologies.
With over 40 years of proven track record, Al Zayani has been one of Bahrain’s largest and most successful expanding companies since its foundation in 1977.
As of today, the group’s investment portfolio includes a growing number of subsidiaries. It exercises diversified commercial activities in various sectors including automobiles, healthcare, manufacturing, real estate, services, food, and more.
Commenting on this new development, Al Zayani Investments Group Chairman, Mr. Nawaf Khalid Al Zayani said, “We are delighted to launch Al Zayani Venture Capital, which represents a new phase of the Group’s future, as we are looking to invest in emerging industries and the bright young entrepreneurs both in the Kingdom of Bahrain and in the region.”
Mr. Khalid Hamid Al Zayani, Managing Director, chipped in by saying, “Through the establishment of this company, Al Zayani Investments Group aspires to achieve rewarding returns on carefully considered investment opportunities, structured in a highly efficient and well-managed manner, taking into consideration the calculated risks thanks to the presence of an experienced team of leading Bahraini Staff in this field; the professionals whom we are proud of at the level of the Group and our new company.”