Middle East

FaceOf: Abdulrahman Altheeb, CEO Scopeer, Saudi crowdfunding platform

Author: Tue, 2018-10-02 00:15

Abdulrahman Altheeb is the chief executive officer of Scopeer, the first crowdfunding platform in Saudi Arabia.

He has been working in this position since September 2017. Scopeer is an equity-based project for entrepreneurs, startups and growing businesses in the Kingdom to connect with potential local and international investors. The Riyadh-based company was launched in 2017.

Altheebs tasks as the CEO include directing the company, developing business strategies and plans, working closely with the chief financial officer, and building strong relations with key partners.

The Scopeer CEO began his career at Saudi carrier Flynas as a marketing trainee. Subsequently, he rose to the position of marketing communications executive. After serving in this position for over a year, he was appointed market research specialist and served in this position for one year and eight months.

Altheeb graduated from Al-Imam Muhammad Ibn Saud Islamic University in 2015 receiving a bachelors degree in marketing communications.

In a recent interview with Arab News, Altheeb said: “The main goal of Scopeer is to fill the financing gap in Saudi Arabia and provide alternative financing options for startups and SMEs by introducing crowdfunding to the market.”

Crowdfunding is one of the fintech solutions, the practice of funding a project or a venture by raising money through the collective effort of a large number of people who each contribute a small amount.

It helps entrepreneurs, startups, and SMEs by showcasing their businesses and projects via an online platform.

It is an internet-enabled way to raise money — typically from about $1,000 to $1 million — in the form of either donations or investments from multiple individuals.

Main category: Saudi ArabiaTags: Saudi ArabiaFaceOf FaceOf: Mohammed Al-Tunisi, director general of MBC Channels in Saudi ArabiaFaceOf: Maj. Gen. Turki bin Bandar bin Abdul Aziz, Royal Saudi Air Forces commanderFaceOf: Dr. Fahd Al-Shathri, deputy governor of the Saudi Arabian Monetary AgencyFaceOf: Homam Hashem, CEO of Saudi Arabia's Kafalah Fund

[contf]
[contfnew]

Arab News

[contfnewc]
[contfnewc]

Related Articles

Middle East

Israel PM ‘flew to Saudi Arabia for secret talks with crown prince’

bbc– Israeli Prime Minister Benjamin Netanyahu secretly flew to Saudi Arabia on...

Middle East

Lebanon’s unfinished revolution: One year after protests, change has yet to come

Issued on: 21/10/2020 – 12:18Modified: 21/10/2020 – 14:28 It's been one year...

Middle East

Israel lauds UAE delegation visit as ‘making history’, Palestinians deem it ‘shameful’

Issued on: 20/10/2020 – 14:27 In an historic first visit by a...

Middle East

Iran rules out weapons ‘buying spree’ as UN embargo is set to expire

Issued on: 18/10/2020 – 07:42 Iran said it was self-reliant in its...