Saudi PIF unit Jada Fund invests in UAE-based VC fund to back SMEs zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Saudi PIF unit Jada Fund invests in UAE-based VC fund to back SMEs zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Saudi Arabia’s Public Investment Fund (PIF) is raising capital through Jada Fund of Funds company for eWTP Arabia Capital, out of Riyadh. The company helps Chinese businesses expand into the Middle East. PIF and Alibaba had already raised a fund for an earlier formation of eWTP. Monies will be used to support mall and medium-sized…