Saudi Arabia’s General Investment Authority (SAGIA) plans to invite 200 foreign entrepreneurs and 50 international venture capital funds to the Kingdom next December, Asharq Al-Awsat reported, citing Mazen Al-Zaydi, head of SAGIA’s innovation and entrepreneurship division.
SAGIA is seeking international innovators and entrepreneurs to launch their start-ups in the Kingdom, he said, adding that the authority focuses on IT and Fintech sectors, as well as entertainment, sports, and health technology.
Government funds are being established now, such as Insha’at (development) Fund, in an effort to attract venture capital investments and to support local and foreign projects in the Kingdom, he added.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}