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FINANCIAL NEWS
Oman’s first venture firm starts operation
10 May 2016
(MENAFN) Oman’s first based-venture capital firm, Innovation Development Oman Holding SAOC (IDO) started its operations.
However, “in the Sultanate technology and innovation focused venture capital has not been available, so this will make a problem” as reported IDO managing director.
Moreover, the company will make venture capital investment in firms and start-ups that have innovations, technologies at the core.
In addition, the firm also seeks for an investment of USD 1.035mn to USD 12.93mn, which will invest in the fields of energy, technology and food.
More News
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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