Munira Al-Dossary, CEO of Malikiah Investment Company, revealed that her company is studying a set of investment opportunities for leading companies, but she faced challenges that led to her business being stalled due to the Corona pandemic.
Al-Dosari indicated that they are focusing on small and medium enterprises in the Kingdom, by providing financing of no less than 3 million riyals through participation in the capital of the target company to ensure the continuity of these facilities and work to improve their profitability and push them towards growth and expansion, explaining that “ownership” will contribute with its extensive experience and contacts to help in Guidance and counseling.
Al-Dosari reported that they target specific sectors including: food products manufacturing, health services, restaurants and cafes, education and training, tourism and entertainment, and logistics services.
“Malakia” stipulates that the establishments wishing to benefit from these offers should be Saudi-owned, have audited financial statements for two fiscal years, have achieved good business results in terms of profitability or sales, a sustainable business model and that their management be fully experienced and full-time.
Here, the CEO of “Malakia” stated that the work stages will start as soon as the requests are sent, through sorting the received requests, selecting the companies that meet the conditions, and conducting the examination that neglects the ignorance, followed by the agreement and then the beginning of the investment.
Companies that meet the requirements have requested to submit the application, at the latest, on July 20, 2020, via e-mail, firstname.lastname@example.org, to attach a brief presentation on the facility.