Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
Venture capital market
Global investment

How Saudi Arabia’s venture capital market is developing

23.10.2020
2 min read

Saudi Arabia’s venture capital market: successes and prospects

Saudi Technology Ventures, a reputable foundation, presented a report on Saudi Arabia’s development and made a forecast for various segments. According to experts, in the next 6 years the market of venture investments in the country will grow by 10 times. Now investments in this direction are considered to be promising and are actively developing. As experts expect, by 2025 venture financing with $50 million will reach $500 million.
But according to representatives of the STV venture fund, in the future total investments in Saudi Arabia will amount to $2 billion, of which $350 million will be invested in the company at an early stage, and the rest of the finances will be directed to enterprises at various stages of their development. Saudi Technology Ventures is a major institution that operates in the Middle East and North America market. The fund has a capitalization of $500 million and is investing $100 million each in six separate projects.
Such prospects for Saudi Arabia’s venture capital market are primarily due to its stable economic position. The country is interested in the world market with its technological products. In addition, the number of incubators and powerful companies of IT-segment is increasing every year.

Venture capital market

The Saudi Misk Foundation fully supports startups. Together with the Silicon Valley venture capital company, it has provided funding for 20 start-ups from the Middle East and North America region. Each of them invests about 50 thousand dollars, for which the startups will give 7% of their shares.
The selected companies operate in various fields, including e-commerce, artificial intelligence development, financial products and robotics.
The Misk Foundation is a charity foundation owned by the Crown Prince of the Kingdom. Its main purpose is to support innovative projects, train young people and help promising startups. Thanks to support from the government, Saudi Arabia’s venture capital market is growing rapidly. A favorable business climate has been formed here, as evidenced by the huge number of new companies.
At the same time, the volume of venture capital investments in GDP is still insignificant, which means that there is room for development. However, this has not prevented Saudi Arabia from earning the status of the fastest growing market for venture capital investment in its region. The amount of financing for the year has increased by 82% compared to the previous period. A total of about $40 million was invested in start-ups that are registered in the kingdom, which is the third highest after the amount of funding in the UAE and Egypt. The government hopes that the adopted policy of encouraging business and venture investments will yield good results and strengthen the economy.

Tags: Global investment
0
Previous Post Asian markets are showing growth: overview of trends in Asia and the Pacific Next Post The authorities of Venezuela are planning to make payments in yuan

You Might Also Like

financial centre in the Maldives
Global investment
A new financial centre in the Maldives is a step towards economic diversification
07.07.2025
Volume foreign direct investment
Global investment
How has the volume of foreign direct investment changed last year?
10.07.2021
Bolt Financial
Global investment
Fintech company Bolt Financial made the largest deal in the market
29.07.2022
Mubadala
Global investment
Mubadala invests US$ 2.5bn in a plant in Brazil
25.07.2023
Israeli company Mobileye
Global investment
Israeli developer Mobileye listed its shares on the U.S. stock exchange
29.12.2022
investment in US
Global investment
Roche to direct €47bn investment in US
21.06.2025

Popular Posts

  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Spain’s economy performs best in the EU
  • Li Ka Shing: How can success be achieved without money and education?

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Popular Posts

  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Spain’s economy performs best in the EU
  • Li Ka Shing: How can success be achieved without money and education?
  • Skolkovo analysts: the Russian energy market is suffering losses
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics