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Private equity activity surges in KSA, hits $4bn in 2023

Saudi Arabia has witnessed a remarkable surge in private equity (PE) activity over the past five years, reaching a pinnacle of $4 billion in 2023, the ‘2019-2023 Saudi Arabia Private Equity Report’ revealed.


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LEAP conference set to showcase Saudi Arabia's tech and entrepreneurial ambitions

RIYADH: Artificial intelligence, digital economy, and digital metaverses may be terms the average technology aficionado expects to hear at a conference in Seoul or Silicon Valley. This week, however, all things tech will be the talk of the town in the Saudi capital, Riyadh. From Feb. 6 to 9, over 100,000 tech innovators and leading experts will gather for the second LEAP

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Venture capital investments in Saudi Arabia up 72% during 2022

RIYADH: Investments in Saudi startups grew by 72 percent to a record high of SR3.701 billion ($987 million) in 2022, according to a report. According to the “2022 Saudi Arabia Venture Capital Report,” the Kingdom achieved the highest growth of venture capital funding among countries in the Middle East and North Africa.

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Saudi Arabia: Paving the way for the future

Saudi Arabia: Paving the way for the future
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