Gulf Investment

Gulf Investment Corporation, established in 1983 and headquartered in Kuwait City, serves as the venture capital arm of the Cooperation Council for the Arab States of the Gulf. The firm specializes in direct investments in private companies and new business ventures, with a strong emphasis on sectors such as utilities, including power, water, and telecommunications, as well as chemicals, metals, healthcare, agriculture, and diversified industrials. Gulf Investment Corporation aims to promote economic growth and diversification across the Gulf Cooperation Council (GCC) countries and is also involved in corporate finance projects. Its investment portfolio encompasses a range of asset classes, including debt instruments, hedge funds, equities, and private equity. Through its activities, Gulf Investment Corporation contributes to the development of capital markets within the region.

Shafic Ali

Group Head of Principal Investment

Bin Rasheed, Rashid Ahmed

Deputy Chief Executive Officer and Head of Finance & Administration

Past deals in Saudi Arabia

JustClean

Venture Round in 2022
JustClean is a laundry technology company based in Kuwait, established in 2017 by brothers Athbi and Nouri Al-Enezi. The company operates an on-demand platform that provides both business-to-business and business-to-consumer services, including a user-friendly app that allows users to book various cleaning services such as laundry, home cleaning, and car washes. JustClean aims to streamline the cleaning experience across the Gulf Cooperation Council (GCC) region, encompassing countries like the UAE, Saudi Arabia, Bahrain, and Qatar. By digitizing the professional cleaning industry, JustClean focuses on delivering convenience, timely service, and high-quality performance, thereby facilitating a stress-free experience for its users.