New partnership to empower climate tech startups in KSA

Tact Hub is dedicated to driving impactful change through investments in cutting-edge clean and climate technologies. It will collaborate with Falak Investment Hub to develop climate tech startups.
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Updated 22 June 2024
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New partnership to empower climate tech startups in KSA

Berlin-headquartered Tact Hub, the think-and-do tank under Tact Invest, has announced a strategic partnership with Falak Investment Hub, a full-fledged investment firm that supports technology startups and entrepreneurs in Saudi Arabia and the MENA region.

Falak, renowned for its expertise in nurturing startups and facilitating market entry, will collaborate with Tact Hub to identify and develop high-potential climate tech startups.

Its mission also encompasses uniting environmental, social, and governance principles with Shariah-compliant finance, ensuring its investments adhere to both ethical and religious standards.

Through this partnership with Falak Investment Hub, Tact Hub will leverage Falak’s extensive ecosystem in the MENA region to support early-stage companies aiming to scale globally.

Tact Hub startups will gain access to Falak’s robust network and resources, enabling them to scale effectively within the MENA and beyond. Both organizations will co-host curated investment pitch events, providing startups with unique opportunities to engage with a broad spectrum of investors. 

This partnership with Tact Hub embodies our commitment to nurturing a sustainable future through collaboration and respect for our planet.

Adwa Al-Dakheel, founder and CEO of Falak Investment Hub

Moreover, Tact Hub startups will participate in Falak’s Flagship ClimateTech Program done in collaboration with Roots Ventures, benefiting from comprehensive training, mentorship, and market access initiatives designed to accelerate growth and innovation.

This collaboration will support startups that align with Saudi Arabia’s Vision 2030, contributing to the nation’s goals of environmental sustainability and economic diversification. The joint efforts are expected to significantly reduce CO2 emissions, targeting a collective reduction of 1 million tons.

Poonam Balan, managing director of Tact Hub, said: “This partnership with Falak Investment Hub is a significant step toward our goal of driving sustainable innovation. By combining our expertise and resources, we aim to support startups that can make a real impact on global environmental challenges and contribute to the ambitious goals of Saudi Arabia’s Vision 2030.”

Adwa Al-Dakheel, founder and CEO of Falak Investment Hub, said: “At Falak, we believe in the transformative power of community, innovation, and entrepreneurship. This partnership with Tact Hub embodies our commitment to nurturing a sustainable future through collaboration and respect for our planet. With that being said, by joining forces, we are not only fostering the growth of pioneering climate tech startups but also empowering a new generation of entrepreneurs to lead with purpose and impact. We are building a resilient and innovative ecosystem that will drive meaningful change for our environment and our communities.”


Arab Investment launches new corporate identity

Updated 08 February 2026
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Arab Investment launches new corporate identity

The Arab Investment Company has launched its new corporate identity, “Arab Invest,” in a strategic move that reflects its future direction and marks the start of a new chapter in its journey, which began in 1974, as one of the Arab sovereign wealth funds concerned with developing resources and enhancing economic integration among its 16 Arab member states.

The new corporate identity reflects the company’s value system underpinning its investment approach, based on robust governance, sustainability, effective partnerships, and adherence to the highest professional and economic standards, embodying its vision of building high-quality investments aligned with the priorities of the shareholder states.

Saad bin Abdulaziz Al-Khalb, chairman of the board of directors, said: “The launch of the company’s new identity comes within the context of a strategic phase aimed at enhancing clarity of institutional vision and consolidating the company’s position over the long term, in line with shareholders’ aspirations and reflective of the requirements of the coming period.”

He added that the new identity is viewed as a clear translation of a well-considered investment trajectory that reflects depth of experience, strengthens stakeholders’ confidence, and supports the company’s ability to continue serving the interests of the Arab member states.

CEO of Arab Invest Abdullah bin Saleh Bakhraibah said the launch of the new corporate identity represents, in essence, a new chapter in the company’s journey spanning more than 50 years. He noted the particular importance of this step at both the strategic and operational levels, as the new identity reflects a series of institutional transformations the company has undergone in recent years, including achieving the highest financial revenues in its history during 2025.

Bakhraibah added: “The new identity is not merely a visual update for the company; rather, it is a strategic message that expresses an advanced stage of institutional maturity, while simultaneously underscoring the deep historical roots of one of the region’s most established Arab sovereign wealth funds, consolidating its distinguished position and the credibility it enjoys in the Arab investment landscape, enabling it to keep pace with major economic developments and enhancing the company’s readiness to continue growth and expansion in accordance with best-in-class investment practices.”

He also highlighted the company’s distinguished investment efforts since the launch of its new strategy, saying that Arab Invest has recently witnessed notable development in local and global strategic partnerships, to achieve the highest performance standards and institutional operating mechanisms. Bakhraibah emphasized the company’s continued commitment to delivering sustainable investment impact in line with the aspirations of the coming period.