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Wed 28 Nov 2018 10:23 AM

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Video: The vegan tech prince of Saudi

Prince Khaled bin Alwaleed bin Talal's interests can effectively be split into two distinct areas. There's KBW Investments, the Dubai-headquartered holding company that counts Raimondi Cranes and other construction-related entities in its portfolio. Arada, the developer that has been making headlines across the Gulf for its eye-catching projects in Sharjah, falls into this category.

But it’s the second portfolio, KBW Ventures that is gradually also coming more to the fore, thanks to a series of investments into companies that are gaining traction in a number of different sectors around the planet.

Each investment is in a company that KBW Ventures believes has the capacity to impact the planet positively in the future - including veganism - while Prince Khaled also says that bringing the very best that Silicon Valley has to offer to the Middle East is also a prime consideration.

“Right now, every company that I’ve worked with, we’ve set out plans for them to come into the region,” he says. “Why? Not because of how promising the region is, but I believe the region can benefit from amazing companies, amazing technology, amazing thinkers and driven entrepreneurs. Our economy and our people need new ideas and fresh blood."

In this edition of Inside AB, Jeremy Lawrence and Lubna Hamdan look at the strategy behind Prince Khaled's investments and analyse how ethical investments can also be profitable ones.

(Source: Arabianbusiness.com YouTube channel)