THE MIDDLE EAST’S
1. Abdulrahman Bin Mutrib; Abdullah Altamami; Othman Alhokail
Company: Merak Capital
Designation: Cofounders
Nationality: Saudis
Headquarters: Saudi Arabia
Established: 2018
In November 2024, Merak Capital launched ‘Exel by Merak,’ an $81.6 million gaming fund and accelerator, which would aid early-stage gaming startups. Merak aims to invest in 15 to 20 of these gaming startups in the first batch of its accelerator. In September 2024, the company invested $82.8 million in smart mobility startup SHIFT Inc. Bin Mutrib is the CTO of both Qiddiya Investment Company, and Saudi Entertainment Ventures (SEVEN). Altamami is also chairman of Arib, and a board member of Saudi fintech company Enjaz and Qoyod. Alhokail is the founder and managing director of the Knowledge Connect Company.