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In the first half of 2022 alone, VC (venture capital) funding in Saudi Arabia grew more than threefold, outshining the whole of 2021, according to a report released by startup data platform Magnitt.
RIYADH: Saudi Arabia’s stock market saw significant growth in listings in the first half of 2022, with initial public offerings on the main index alone raising SR15.2 billion ($4 billion). Along with 10 record listings, TASI witnessed nine further offerings from existing listed companies, generating SR10.7 billion, a report by the Saudi Exchange shows. This year’s biggest IPOs