Image 27 Nov 2022 Saudi Venture Capital Investment Company - KSA (“SVCIC” or the “Company”) ... Dear Valued Shareholder, We would like to announce that Saudi Venture Capital Investment Company - KSA (“SVCIC” or the “Company”) have appointe... ...
VC Investment: Saudi Arabia has been taking steps to encourage VC investment. For example, the Saudi Venture Capital Company (SVC) was established to support VC firms and attract investment into innovative sectors. Additionally, the government has been encouraging the growth of angel investment networ...
Saudi Aramco is more than doubling funding to its venture capital arm by injecting an additional $4 billion funding, the Saudi state oil giant said on Wednesday. The fresh funding will raise Aramco’s total investment allocation to its unit Aramco Ventures from $3 billion to $7 billi...
Venture Capital In Saudi Arabia And Formation Of New TechnologyAlsaigh, Mohammed Abdulaghani AbdulgadirMulti-Knowledge Electronic Comprehensive Journal For Education & Science Publications (MECSJ)
Sammest is a Venture Capital firm. focused on investment in Tchnology, Logistics, Agriculture, Real Estate, Hospitality, Food. The firm is based in Saudi Arabia and invest in Bahrain, UAE, Mexico, and USA.
The round was also joined by Saudi-based Alisamiah Investment, Saudi Venture Capital Company (SVC), and different individual investors including Careem co-founder Abdulla Elyas, Dr. Abdulrahman Aljadhai, CEO of Elm, and Mazen Aljubair.
RIYADH, Feb. 1 (Xinhua) -- The Saudi Arabian Oil Company (Aramco) announced Tuesday the launch of Prosperity7 Ventures, a one-billion-U.S. dollar venture capital fund designed for the development of next-generation technologies and business models. ...
(Bloomberg) — The Biden administration has forced a Saudi Aramco venture capital firm to sell its shares in a Silicon Valley AI chip startup backed by OpenAI co-founder Sam Altman, an exit that could have broader implications for the Middle Eastern country’s growing investments in US tech...
This statistic illustrates the Index scores on ease of access to venture capitals for start-ups in Saudi Arabia from 2012 to 2016.
In 2023, the financing amount of Saudi e-commerce projects will reach 1.6 billion Saudi riyals (426.4 million US dollars) In 2023, the proportion of imported products will be 35.44% As the second largest venture capital industry in Saudi Arabia, e-commerce is booming, and compared with major...