Rachid Mohamed Rachid is the Founder and Chairman of Bidayat. See contact routes.
Rachid Mohamed Rachid is the Founder and Chairman of Bidayat, an international investment company that supports creative entrepreneurship in the Mediterranean region, while he previously served as Egypt’s Minister of Trade and Industry between 2004 and 2011. Bidayat invests in early-stage brands across fashion, accessories, jewelry, beauty, and lifestyle, targeting companies in the Middle East, North Africa, and Europe that generate under $5 million in annual sales. The fund’s typical check size ranges from $500,000 to $10 million, and it focuses on startups at the early stage. Notable portfolio companies include Azza Fahmy Jewellery, Okhtein, Walter Albini, and the recently launched brand RETORI. Rachid’s distinctive point of view centers on nurturing young luxury brands from the region and scaling them globally, emphasizing creative industry promotion in the Middle East and North Africa. He is also Chairman of Valentino and Balmain, reinforcing his deep involvement in global luxury fashion.
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