Saudi-based NEOM revealed its strategic investment arm called the NEOM Investment Fund (NIF). NEOM is the regional development project in northwest Saudi Arabia. NEOM is a project of the Saudi Public Investment Fund, which owns 100% of a closed joint- stock company named Neom Company. NIF is NEOM’s wholly owned subsidiary which is set up…
The company will use the investment to expand its technology's current abilities, add capabilities to detect additional health conditions and drive global growth.