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Asharq Al-Awsat

Business

Riyadh - Asharq Al-Awsat

Saudi Arabia's Venture Capital Grows Over Half a Billion

Saudi Arabia Arabia SVC Authority Kingdom Middle East

Saudi Arabia supports the event industry and attracts significant exhibitions and conferences (Asharq Al-Awsat)

Saudi Arabia finished H1 of 2022 with three consecutive half-year periods of growth in venture capital (VC) funding after observing a 244 percent year-on-year increase in funding compared to H1 of 2021.

The venture capital market saw a record funding of $548 million.

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