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capital sector

capital sector latest

Saudi Arabia
May 19th, 2024 - 07:22 GMT

Saudi Arabia's venture capital sector continues to expand

Saudi Arabia’s venture capital landscape continues to grow with its reverberations reaching far continents. Global venture capital firms are capitalizing on the Kingdom’s expansive strategy, as evidenced by the state-owned Saudi Venture Capital Co.’s $30 million investment in a US-based investment firm. SVC has pledged this significant investment in a private equity fund managed by the renowned US-based investment firm General Atlantic. “The investment in the private equity fund by ...
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