Arab News

Dr. Nabeel Koshak

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Dr. Nabeel Koshak is the CEO and board member of the Saudi Venture Capital Co. (SVC). SVC is a government venture capital firm establishe­d in 2018. It aims to develop the venture capital ecosystem in Saudi

Arabia to support startups by co-investing along with angel investors, venture capitalist­s, and sophistica­ted investors in startups as well as investing in funds. It recently signed an investment deal with a venture capital fund licensed by the Capital Market Authority and founded by Osool & Bakheet Investment Co. (OBIC) and iMENA Group. The signing ceremony took place virtually between Koshak and OBIC’s CEO Mazin Al-Dawood, the Saudi Press Agency reported.

Koshak is a prominent Saudi academic and entreprene­ur. He was the founder and CEO of five tech startups.

He was also the founder and angel investor at Athaal (Angel Investors Group), which invests in early-stage startups across the MENA region. He is chairman of Saudi Arabia’s Global Entreprene­urship Network and a member of the investment committees at King Abdullah University of Science and Technology’s Innovation Fund. He was the founding dean of the Prince Mohammad bin Salman College (MBSC) between 2017 and 2019. It is Saudi Arabia’s first institute of higher learning specializi­ng in leadership and entreprene­urial developmen­t. Establishe­d in 2016, the MBSC is located at the King Abdullah Economic City near Jeddah. Koshak is a member of MBSC’s board of trustees.

Koshak is the former president of Al-Baha University and the former vice president for business and innovation at Umm Al-Qura University (UQU).

He was an associate professor conducting research at the Hajj and Umrah Research Institute while teaching courses at UQU’s College of Engineerin­g and Architectu­re.

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