海角直播

FaceOf:聽Abdulaziz Al-Adwani, founder of KSA鈥檚 first authorized crowdfunding platform

FaceOf:聽Abdulaziz Al-Adwani, founder of KSA鈥檚 first authorized crowdfunding  platform
Manafa Capital聽founder and CEO聽Abdulaziz Al-Adwani
Updated 02 December 2018

FaceOf:聽Abdulaziz Al-Adwani, founder of KSA鈥檚 first authorized crowdfunding platform

FaceOf:聽Abdulaziz Al-Adwani, founder of KSA鈥檚 first authorized crowdfunding  platform
  • Manafa Capital is the first authorized crowdfunding platform of 海角直播
  • Before launching Manafa Capital, Al-Adwani was a managing partner at Ertyad Training and Consulting

Abdulaziz Al-Adwani is a young Saudi entrepreneur. He is the founder and CEO of Manafa Capital.聽

Established in 2016 in 海角直播鈥檚 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鈥檚 degree in public administration from Riyadh鈥檚 King Saud University.聽 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.聽

King Abdul Aziz University鈥檚 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.聽

鈥淚ndividual investors in 海角直播 have the capability and desire to invest in small businesses,鈥 he said.

Al-Adwani highlighted the Alibaba Group鈥檚 growth from its entrepreneurial beginnings to a giant e-commerce company.

鈥淎t first, 200 investors refused to invest in Alibaba. If those investors knew what it would become, they would not have hesitated to fund it,鈥 he said.