Sadita Holding Co. to join FiBAN community – creating ties to the vibrant ecosystem in the Middle East
October 22, 2020
FiBAN and Sadita Holding co. have begun collaboration. Sadita will bring experience from the Kuwait startup ecosystem and co-investment opportunities for FiBAN angel investors, among other things.
“At Sadita, we firmly believe that any business’s success depends on the talented and driven individuals supporting its day-to-day activities. Since 2006, when Sadita was established, our goal has always been to partner with talented individuals – giving them the support to grow and prosper.” Tareq AlFozan, Executive Board Member at Sadita explains.
The Company houses 31 subsidiaries in sectors such as food manufacturing and distribution, medical equipment, electronic peripherals, disposables, communication, logistics, and more. Around 70% of our business lies within the GCC (Gulf Cooperation Council) – the remaining, however, lies in countries ranging from the U.K. and Germany to China and Russia. We hope to meet individuals with new and innovative ideas to potentially form collaborations and pursue new projects.
What Sadita can offer the FiBAN Community:
- Angel and seed investments for incubations as well as growth capital
- Financial planning and supporting growth
- Know-how relating to operating in GCC markets
- I.T. back up from our office in India
- Connecting individuals with our customer base around the world
“We are happy to welcome Sadita as the newest addition to FiBAN’s partner community. With their unique geographical location they will bring new expertise to the FiBAN network and also be our Kuwait contact for our members”, Amel Gaily, Managing Director at FiBAN summarises.
Warmly welcome to the FiBAN community!