HALA Eastern Capital (“HALA Capital”), a closed joint stock company headquartered in Al Khobar, today announced its official launch as a Capital Market Authority (CMA)-licensed private capital firm, under license number 25318-02, issued on August 7, 2025.
This milestone marks a strategic transformation for the firm, which began its journey as HALA Ventures. Today, it evolves into a comprehensive private capital platform encompassing Venture Capital, Private Equity, and Private Credit, with an expanded vision to explore further alternative investments under a broader and more diversified mandate.
HALA Capital aims to bridge the gap between early-stage innovation and institutional investment, delivering integrated financial solutions that drive sustainable growth and long-term value creation across all investment stages.
Over the years, HALA has earned a strong reputation within Saudi Arabia’s investment ecosystem, empowering visionary founders and high-growth enterprises.
Ali Abussaud, Founder and Chief Executive Officer of HALA Capital, commented:
“This evolution marks a natural step in HALA’s journey. As HALA Capital, we are not only building on our venture legacy but also expanding our mandate to empower investors and enterprises through diversified private capital strategies. We aim to fuel innovation, scale established businesses, and create long-term impact across Saudi Arabia and the wider region.”
Hussain Almarhoon, Founder and Chief Financial Officer, added:
“HALA Capital reflects our belief in continuity — an ecosystem where capital adapts to every stage of growth. From early ventures to mature enterprises, our approach combines agility, discipline, and insight to generate lasting value for both investors and the market.”
The launch of HALA Capital underscores the growing depth and sophistication of Saudi Arabia’s private capital landscape, positioning the firm as a key contributor to Vision 2030, and reinforcing the Kingdom’s commitment to economic diversification, innovation, and sustainable private sector development.
