In a move that truly shows Saudi Venture Capital Company's commitment to building lasting stability and boosting long-term growth, the company has announced Noura bint Mohammed Al Sarhan as its new Chief Executive Officer. Her appointment is effective July 1, 2026, and is part of a strategic leadership transition plan approved by the Board of Directors. This plan aims to ensure continuous strong performance and strengthen the company's vital role in Saudi Arabia's investment landscape. Al Sarhan's selection comes after an impressive seven-year journey within the company, where she held several leadership positions. Most recently, she served as Deputy CEO and Chief Investment Officer, playing a key role in developing investment strategies and overseeing the company's portfolio. Her contributions have made her one of the most prominent leaders driving SVC's growth over the past years.
Related editorial
MIS Teams Up with Saudi Fransi Capital to Power Up Saudi Arabia's Data Centers
MIS (Al Moammar Information Systems) and Saudi Fransi Capital are joining forces to explore building three major new data centers in Riyadh, Dammam, and Jeddah. MIS will handle the development, design, and management of these facilities, which aim to add a significant 48 megawatts of capacity to Saudi Arabia's digital infrastructure, supporting the nation's digital transformation goals.
REVYN Launches UAE's First Resale Platform with No Seller Fees
Get ready for REVYN, a new platform now live in the UAE on iOS and Android! It lets users easily buy and sell pre-owned items directly. What's really cool is that sellers pay absolutely no commission, making it the first model of its kind in the UAE market and a big win for sustainable living.
Paymob and UnionPay Team Up to Expand Digital Payments Across Egypt, Boosting Global Connections
Exciting news for Egypt's digital payment landscape! Paymob and UnionPay have joined forces to significantly expand UnionPay card acceptance at over 160,000 locations across the country. This fantastic partnership is set to make cross-border payments smoother, giving a big boost to tourism and digital commerce in Egypt.
FRA Dispels Rumors: Non-Banking Financial Companies' Branches Remain Open
The Financial Regulatory Authority (FRA) has debunked recent social media rumors claiming the closure of non-banking financial company branches. The FRA clarified that the decision being circulated is an old one, dating back to October 2025, and specifically does not apply to the non-banking financial companies mentioned in the rumors. The authority assures the public that the sector is operating as usual.