FaceOf: Abdulrahman Altheeb, CEO Scopeer, Saudi crowdfunding platform

Abdulrahman Altheeb
Updated 02 October 2018

FaceOf: Abdulrahman Altheeb, CEO Scopeer, Saudi crowdfunding platform

  • Altheeb graduated from Al-Imam Muhammad Ibn Saud Islamic University in 2015
  • Altheeb: The main goal of Scopeer is to fill the financing gap in Saudi Arabia and provide alternative financing options for startups and SMEs

Abdulrahman Altheeb is the chief executive officer of Scopeer, the first crowdfunding platform in Saudi Arabia.

He has been working in this position since September 2017. Scopeer is an equity-based project for entrepreneurs, startups and growing businesses in the Kingdom to connect with potential local and international investors. The Riyadh-based company was launched in 2017.

Altheeb’s tasks as the CEO include directing the company, developing business strategies and plans, working closely with the chief financial officer, and building strong relations with key partners.  

The Scopeer CEO began his career at Saudi carrier Flynas as a marketing trainee. Subsequently, he rose to the position of marketing communications executive. After serving in this position for over a year, he was appointed market research specialist and served in this position for one year and eight months.

Altheeb graduated from Al-Imam Muhammad Ibn Saud Islamic University in 2015 receiving a bachelor’s degree in marketing communications.

In a recent interview with Arab News, Altheeb said: “The main goal of Scopeer is to fill the financing gap in Saudi Arabia and provide alternative financing options for startups and SMEs by introducing crowdfunding to the market.”

Crowdfunding is one of the fintech solutions, the practice of funding a project or a venture by raising money through the collective effort of a large number of people who each contribute a small amount. 

It helps entrepreneurs, startups, and SMEs by showcasing their businesses and projects via an online platform.

It is an internet-enabled way to raise money — typically from about $1,000 to $1 million — in the form of either donations or investments from multiple individuals. 


Third Saudi aid plane arrives in Beirut

KSRelief aircraft contains medical supplies, ventilators and other relief goods for blast victims. (Photo/Supplied)
Updated 09 August 2020

Third Saudi aid plane arrives in Beirut

  • KSRelief teams are also active in treating blast victims

RIYADH: A third King Salman Humanitarian Aid and Relief Center (KSRelief) plane loaded with aid arrived in Beirut on Saturday as part of a relief air bridge that was set up to help the people in wake of the Beirut blasts.

The air bridge was established on the directives of King Salman to provide urgent humanitarian aid to Lebanon.
KSRelief Adviser Dr. Ali bin Hamed Al-Ghamdi said the third plane is loaded with ventilators, hospital and medical equipment, as well as various medicines and disinfectants. It also contains food, tents, mattresses, blankets and cooking supplies.
So far, 200 tons of aid from the Kingdom have been flown to Lebanon with specialized teams to follow up and supervise the distribution operations.
KSRelief teams are also active in Lebanon in treating victims of the blast.
Earlier, two Saudi aircraft carrying more than 120 tons of medicines, equipment, and emergency supplies were dispatched to Beirut.
KSRelief Supervisor General Dr. Abdullah Al-Rabeeah said in a statement that the assistance highlights the pivotal role of the Kingdom of Saudi Arabia in providing humanitarian assistance to all people in need around the world with complete impartiality.

The Saudi aid will help alleviate the sufferings of Lebanese people.

Maj. Gen. Mohammad Khair, Chief of the High Relief, Commission in Lebanon

The twin blasts devastated large areas of the Lebanese capital and destroyed vital infrastructure, including grain storage silos and port facilities.
Lebanon, already reeling from an economic and currency collapse, now faces the threat of food shortages and a major hit to exports and imports.
Countries around the world have rushed to help Lebanon in the wake of the port explosion on Aug. 4.
The secretary-general of the High Relief Commission in Lebanon, Maj. Gen. Mohammad Khair, thanked the Kingdom for the urgent humanitarian aid provided through KSRelief.
In a press statement, he praised the historical relations between the two countries, noting the Saudi aid will help alleviate the suffering of Lebanese people.
Residents in the Kingdom can also help Lebanon by making donations through KSRelief’s website.