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FINANCIAL NEWS
Saudi Arabia wastes no time in supporting investment
26 Oct 2015
(MENAFN) Saudi Arabia’s venture capital industry has a significant chance as there is much strength in the ecosystem and current innovation relevant rankings, as the data shows.
Additionally, The Kingdom’s investments into sectors like health care and ICT are unmatched by all but a few other countries, let alone its responsibility for 50 percent startup incubators.
The country has become a regional powerhouse in terms of outbound investment, and is continuously emerging its own healthy internal investment ecosystem.
The nation’s vigorous support of entrepreneurship makes Saudi Arabia the ideal setting for the MENA Private Equity and Venture Capital Summit, organized by Riyadh Valley Company (RVC).
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