Leadership
Majed M. Al Tahan is an award-winning entrepreneur and e-commerce leader in the Kingdom of Saudi Arabia.
Majed founded IACo in 2016 and developed the first ever-online service for grocery shopping in Saudi Arabia in partnership with BinDawood Holding, the leading Saudi retailer in 2016. He has founded several technology companies including AYM Commerce and International Applications Trading Company (IATC). In 2023, 62% of IATC, which developed and operates BinDawood Holding’s retail chains’ Danube and BinDawood ecommerce channels, was acquired by BinDawood Holding.
Majed has been recognized for his achievements and contribution to Saudi Arabia’s economy when he was awarded ‘Young CEO of the Year’ at the Saudi Top Achiever Awards and ‘Digital Leader of the Year’ at Seamless Middle East in 2019. In 2023, he was named a ‘Retail Icon’ at the Retail Middle East Awards in the UAE.
A prolific venture capitalist, Majed has spearheaded venture capital funding for over 40 enterprises across various sectors through AlTahan Investments. These include fintech, with a focus on ‘Buy Now Pay Later’ services; healthcare, emphasizing primary care clinics; the food industry, covering both food production and restaurants; technology, particularly in e-platforms for sports; and the media industry.