Arab News

Abdulaziz Al-Adwani

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Abdulaziz Al-Adwani is a young Saudi entreprene­ur. He is the founder and CEO of Manafa Capital. Establishe­d in 2016 in Saudi Arabia’s capital city, Manafa

Capital is the first authorized crowdfundi­ng platform of the country.

As the chief of the firm, Al-Adwani develops business plans, forecasts and identifies market opportunit­ies and products.

Before launching Manafa Capital, Al-Adwani was a managing partner at Ertyad Training and Consulting. His responsibi­lities included providing strategic financial planning advice and designing future business plans for the company.

Ertyad Training and Consulting is a multi-industry group of companies. It offers leadership training and IT-specific skill enhancemen­t training to companies of all sizes to enable them to create a more confident, empowered, inspired and enthusiast­ic workforce.

Al-Adwani holds a master’s degree in public administra­tion from Riyadh’s King Saud University. He has participat­ed in various conference­s representi­ng young Saudi entreprene­urs. He has also delivered workshops in cooperatio­n with institutio­ns devoted to supporting small and medium enterprise­s.

King Abdul Aziz University’s Center of Creativity and Entreprene­urship held a forum last week to celebrate Global Entreprene­urship Week (GEW).

Al-Adwani was the main speaker at the forum. He said the World Bank report had estimated crowdfundi­ng in the Kingdom would soon rise to SR4 billion ($1.07 billion) in the next few years.

“Individual investors in Saudi Arabia have the capability and desire to invest in small businesses,” he said.

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