Mohammed Albalaihed, Cfa

Head of Energy and Utilities - Public Investment Fund (PIF)

📍 Saudi Arabia, Saudi Arabia🔄 Updated September 2026💼 6 investments📅 11 years investing🗓 Last invested Aug 2021
VC🌍 Saudi Arabia
6
Total investments
2
Early stage
0
Mid stage
0
Late stage
11y
Years active

Portfolio

3 investments · sorted by recency
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Late stage
Board Member
May 2018
The Saudi Investment Recycling Company (SIRC) is a Public Investment Fund company established to develop, own, operate and finance various activities across all waste types in the Kingdom of Saudi Arabia. Through its achievements, SIRC will help meet and exceed the objectives of the vision 2030 and support the success of various initiatives identified by the revised National Regulatory Framework.
Board Member
Aug 2015
Virgin Mobile Saudi Arabia, a new mobile brand in the Kingdom, is on a mission to Make Mobile Better, one mobile phone and plan at a time. Virgin Mobile Saudi Arabia was awarded a licence by the Communications and Information Technology Commission to operate as a Mobile Virtual Network Operator in April 2014. The company behind Virgin Mobile Saudi Arabia is formally called the Virgin Mobile Saudi Consortium - a Saudi company that brings together local, regional and global shareholders and experts in mobile telecommunications. Virgin Mobile Saudi Consortium LLC is part of Virgin Mobile Middle East & Africa and has local Saudi companies as shareholders as well as prominent Middle Eastern and Saudi private investors. Virgin Mobile Saudi Consortium LLC was formally incorporated in June 2013, shortly after the award of Virgin Mobile’s licence by CITC. Virgin Mobile is the most successful MVNO brand globally with some 20 million customers, and locally with over 2 million customers. Virgin Mobile Saudi Arabia’s success lies in an absolute focus on innovation, both in its products and services and customer experience. For us, it’s all about our customers. We place customers at the heart of everything we do; we have been shaped by our customers. We started this business by asking our customers what is essential to them and then constructed a series of original, value-for-money packages, which work with all lifestyles. We make certain that in everything we do, we always provide our customers with the finest – supplying what they want and endlessly looking for original ways to amaze and delight them, ensuring that our services are the top in the market. We like to try new things and test the market. We believe in making real transformation to you – the customer. That’s why we have and will continue to provide Saudi Arabia with the best, simplest and most innovative mobile solutions. More value, more honesty, more service, more fun.
Board Member
Aug 2015
In 2023, Virgin Mobile Middle East and Africa was acquired by Beyond ONE, the digital services provider delivering hyper-customised digital experiences to improve customers’ lives and create a more inclusive, colourful and connected world for everyone. A subsidiary of private global investment company Priora Management Holding Dubai, Beyond ONE is headquartered in Dubai, and through its investments, operates in a number of countries around the world. Find out more at www.beyond.one Virgin Mobile Middle East and Africa was first formed in 2006 and is headquartered in Dubai Internet City, UAE. Virgin Mobile Middle East and Africa established a leading position across the Middle East and Africa region, being the only mobile provider in the GCC with multiple live operations and millions of active customers.
Experience · 13 entries
All (13)
Investments (6)
Board (6)
2021
Board Member
Aug 2021
Saudi Energy (SE) is the Kingdom’s national energy champion, enabling everyday life and progress across Saudi Arabia. Through generation, transmission, and distribution, SE ensures energy is produced efficiently, carried reliably across the national grid, and delivered seamlessly to homes, cities, industries, and major development projects. Energy may be invisible, but its impact is constant, supporting healthcare, education, technology, mobility, and economic growth across the Kingdom. SE seeks to contribute in building a more resilient and future-ready energy ecosystem. Through digital innovation, renewable integration, and world-class infrastructure, SE continues to strengthen reliability, sustainability, and customer experience. At SE, people are central to progress. The organization fosters a collaborative and confident culture that empowers talent, drives innovation, and contributes to the Kingdom’s long-term development and Vision 2030 ambitions.
Board Member
Jan 2021
NIDC is a government agency lead the development of most fast-growing, export-oriented industrial sectors in Saudi Arabia: AUTOMOTIVE AEROSPACE BUILDING MATERIALS CHEMICALS FOOD PROCESSING MACHINERY & EQUIPMENT MEDICAL DEVICES MINERALS & METALS PHARMACEUTICAL & BIOTECH. RENEWABLE ENERGY MARITIME
2019
Board Member
Dec 2019
Since its inception, TAQA has been a champion in providing leading products and services to the energy industry in Saudi Arabia, enabling performance and sustainable business for our customers. TAQA is leading the way in pioneering training programs, development of the small-to-medium enterprise community, and launching key R&D projects. TAQA continues working towards building an integrated suite of capabilities across drilling, completions and production services, further supporting the Kingdom in developing a competitive and reliable local supply chain. TAQA was established in 2003. The Saudi Government, through the Public Investment Fund, owns 45% of TAQA, while the remaining 55% is owned collectively by Joint Stock Companies and several private and industrial investors representing a cross-section of the Saudi industrial community.
2018
Vice Chairman Of The Board
Sep 2018
Jada is a Fund of Funds company established by the Public Investment Funds of Saudi Arabia. The Company’s goal is to lead the development of a thriving Private Equity and Venture Capital ecosystem in order to ensure the long-term success of SMEs in Saudi Arabia. In this way, Jada will increase the sector’s contribution to GDP while diversifying the Kingdom’s economic base and creating substantial new employment.
Board Member
May 2018
The Saudi Investment Recycling Company (SIRC) is a Public Investment Fund company established to develop, own, operate and finance various activities across all waste types in the Kingdom of Saudi Arabia. Through its achievements, SIRC will help meet and exceed the objectives of the vision 2030 and support the success of various initiatives identified by the revised National Regulatory Framework.
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Investment activity
2015–2021 · 6 investments
20152201812019120212
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