Qewam Holding Announces Acquisition of Iwan Ventures and Launches “Q Fund”

Qewam Holding has announced its full acquisition of Iwan Ventures, a Saudi venture capital fund with a total size of $13.3 million. This strategic move supports Qewam’s mission to position itself as a leading force in building and scaling innovative ventures across the region.

Following the acquisition, the fund will be relaunched under the name “Q Fund”, becoming the official investment arm of Qewam Holding. It will maintain its innovative culture and operational independence, while benefiting from Qewam’s extensive expertise, wide network, and AI-driven ecosystem.

The company also announced the appointment of Loay Abukheit as the CEO of Q Fund, tasked with spearheading the next phase of expansion and investments targeting the new generation of founders and entrepreneurs. The fund aims to offer integrated support beyond capital, including mentorship, technical infrastructure, and meaningful networks.

The launch of Q Fund marks a significant milestone that reinforces Qewam’s position as a premier investment platform, providing founders with a supportive environment and a clear path to growth—aligned with Saudi Vision 2030 and its focus on innovation and economic diversification, the press release stated.