Almuneef believes that people can learn from his failures therefore likes talking about them more than his successes. Very few people have such a humble view of themselves, and this is what makes Almuneef stand out
Almuneef had his fair share of struggles from not being able to gain a college degree, having to wash dishes at a restaurant, being a pizza delivery guy, to taking extra English courses to qualify for a job. But, not once did he let that stop him from giving it his all and achieving his goals
Before Anoosh, Almuneef started a dot-com business that provided reviews and bookings to hotels and restaurants. Even though it was an idea that wasn’t widely spread because of limited internet access at the time, it did not stop him from thinking outside the box and bringing out new ideas to the world
To really appreciate the big stuff in life, it’s important to start small and that’s just what Almuneef did. He had little experience when it came to exporting dates with his colleagues and when that business didn’t do well, he went on to build his own private labeling of mamool and dates which kick started Anoosh
Just because he has reached immense success with Anoosh does not mean he will stop working on new concepts to expand to other types of desserts
While pursuing her MBA in Washington, home to the coffee capital of the United States, Lateefa Alwaalan was inspired by the local coffee enthusiasm. She reflected on her own coffee experiences back in Saudi Arabia, and her mother’s poor tasting Arabic coffee. Lateefa tried to make it herself, but soon realized it was a complex and time-consuming process. She also noted how very few people of her generation knew how to brew it.
Lateefa used her time at business school to develop a technological solution and business plan to ease this pain point. While working at Alwallan Pharmacies, she began developing Yatooq, originally only selling Arabic coffee blends. She soon partnered with a local Sudia incubator and spent the next two years developing Yatooq’s coffee machine. She finally launched it in 2013
Yatooq provides a user-friendly solution to the traditional Arabic coffee brewing process, saving users time and effort. The portable electric brewer removes the traditional pains associated with brewing Arabic coffee, decreasing brew time by 75% and preventing the coffee from boiling over. The premeasured coffee blends combines the seven ingredients required to make Arabic coffee into one product
It is the first company to create a simple alternative to traditional Arabic coffee brewing, and as such, has built a strong distribution network. Unlike its main competitor, who outsources production and design, Yatooq leverages its strong Saudi-based engineering partner to innovate on Yatooqs patented technology and respond to market demand
Since inception, Lomar has become a pioneer in the traditional Saudi men’s apparel market, winning a loyal fan base and receiving multiple accolades. This includes winning Saudi Fast Growth Startup 100 List twice.
Forbes ranked Nassem #2 on the list of Leaders Inspiring a Kingdom Saudi Arabia's Entrepreneurial Elite in 2014. Endeavor ranked Nassem #1 on the List of Leaders Inspiring a Kingdom Saudi Arabia's Entrepreneurial Elite in 2012.
Muhammad Al Agil serves as the CEO of Jarir Investment and Chairman of Jarir Group, which comprises of Jarir Bookstore, Jarir Marketing, Jarir Furniture, Jarir Real Estate, Kite Arabia Ltd. and Kids Kingdom. Mr. Al Agil conceptualized and co-started Jarir Marketing and Jarir Bookstore chains, developing them into leading wholesalers and retailers in Saudi Arabia for stationery, school supplies, office machines, computer supplies, books, arts and engineering items. Jarir Marketing Company is listed in Saudi Stock Exchange (Tadawul) with a market capitalization of more than US $ 1.2 billion, presently.
Since 1990 Mr. Al Agil has been focusing, through Jarir Investment which is a family office, on private investing both as a direct principal and with various known institutional partnerships. Jarir Investment have been investing worldwide in Hedge Funds, Private Equity and also guiding families second generation through family constitution, career planning and legal structuring.
He is a Board member of various public companies and large family business groups in Saudi Arabia and United Arab Emirates, namely Tawuniya Insurance Co., MBC TV, Al Faisaliah Group etc. Served as a member of Board of Trustees of Centennial Fund (Micro – Business Fund), Board of trustees of the Gifted Foundation in Saudi Arabia and was Chairman of the Executive Committee for Family Business Council in Saudi Arabia.
Mr. Al Agil earned a Masters of Engg from University of California, Berkley in 1975 and a B.S. in Engineering from KFUPM in 1974. In addition, Mr. Al Agil completed the OPM program at Harvard University in 1987.