In a recent interview with the Gulf Leaders Circle, Huda Al-Lawati, the founder and CEO of Aliph Capital, discusses the role of technology and digitalization in transforming the business landscape in the GCC. Aliph Capital focuses on bridging the technology gap for traditional businesses in the region through active ownership and digital transformation. Al-Lawati emphasizes the importance of embracing technology in today’s business landscape to stay competitive and thrive, highlighting common hurdles such as lacking internal tech expertise and unclear planning and budgeting.
Aliph Capital brings value by assessing a company’s digital readiness and crafting a clear roadmap for technology adoption, ensuring the necessary resources are in place to achieve digital ambitions. Al-Lawati gives an example of their approach in the acquisition of The Petshop, where they appointed new leadership, including a Chief Technology Officer, and developed a roadmap focused on enhancing online growth and optimizing the supply chain.
Despite serving on various boards and committees, including Magrabi and Saudi Fransi Capital, Al-Lawati manages her time effectively by gaining insights into markets and emerging technologies that inform Aliph Capital’s investment strategy and value creation plans. She believes engaging with diverse boards provides broader perspectives, valuable connections, and access to the latest business developments.
Al-Lawati attended the 100 Women in Finance Middle East Chapter event last year, highlighting the importance of organizations like these in supporting women in finance through networking, mentorship, and career advancement. She stresses the need for passion and expertise in any field to reach one’s goals, and commends organizations like 100 Women in Finance for the impact they have on female professionals in the Middle East.
Aliph Capital’s strategic collaboration with Jada Fund of Funds involves an investment in Aliph Fund I, a $250 million private equity fund focusing on mid-sized GCC companies. Al-Lawati discusses the partnership’s goal to support small and medium-sized enterprises crucial to Saudi Arabia’s economy by providing resources such as capital, talent, and technology, regardless of sector.
Looking towards 2024, Huda Al-Lawati sees significant opportunities in the GCC due to diversification efforts, supportive public policies, ongoing reforms, and substantial sovereign investments. Aliph Capital’s success relies on making informed investment decisions and building a portfolio of high-growth businesses attractive to future buyers in a rapidly growing region.
