in wamda.com: An alliance of investors and GCC-based family offices launched “Waad Investment, an investment firm with a targeted value of SAR750 million ($200 million), making it the largest private investment firm dedicated to supporting growth-stage startups. The alliance is led by investor Yaser AlGhamdi, the founder and Chief Investment Operations Officer of Waad Investment, in collaboration with the AlMajed and AlMisfer family offices.
