In this episode, we are joined by Waleed AlBanawi, an INSEAD 05D, Executive Chairman & CEO of Banvest Group, and former chairman of Young Presidents' Organization (YPO) MENA. Waleed has deep experience in traditional industries, venture capital, and regional economic transformation.

We discuss:

• His father’s entrepreneurial journey – pioneering industrial business in Saudi Arabia before the oil boom, securing funding when banks wouldn’t lend to industry, and overcoming regulatory and workforce challenges.
• Lessons in resilience – how early exposure to adversity through boarding school, competitive sports, and business challenges shaped Walid’s leadership style.
• Transitioning from family business to venture capital – after 26 years in manufacturing, Walid moved into VC to support tech entrepreneurs and invest in disruptive businesses across MENA.
• Challenges for startups in the GCC – why many founders fail due to a lack of market fit, the importance of adaptability, and how capital mismanagement affects long-term success.
• Investment philosophy – key criteria he looks for in startups: sector growth potential, path to profitability, strong governance, and building scalable teams.
• Saudi Arabia’s Vision 2030 – how government reforms, digital transformation, and policies are accelerating private-sector growth and attracting investment.
• Future opportunities in MENA – why fintech, health tech, tourism, and entertainment are among the region’s most promising sectors for entrepreneurs.
• Advice for young entrepreneurs – the importance of lifelong learning, stepping out of comfort zones, and innovating rather than just renovating.

A must-listen for investors, entrepreneurs, and anyone interested in business transformation in the Gulf region.