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Venture investments spark renaissance of Saudi innovation

Venture investments spark renaissance of Saudi innovation
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Saudi venture capital space records unprecedented growth in 2023

Saudi venture capital space records unprecedented growth in 2023
arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.

Saudi Arabia is among the highest performing venture capital markets in the region in 2022

RIYADH: Saudi Arabia has been one of the top-performing markets in the venture capital space in the Middle East and North Africa, said a leading venture capital player. According to Mohammed Al-Zubi, the founder of Saudi venture capital firm Nama Ventures, the Kingdom’s position can be attributed to four main factors. The first factor was the unparalleled support by the

SMEs grow 15% to 752,600 in Q1 2022 as business climate improves: Monsha at

RIYADH: The number of small and medium enterprises in Saudi Arabia registered a 15 percent growth to 752,600 in the first quarter of 2022 from 650,550 in the corresponding period last year, revealed the Small & Medium Enterprises General Authority, also known as Monsha’at, in its latest report. According to Monsha’at, SMEs are companies with less than 250 staff members and

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