Investment Banking
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Saudi Arabia plans $270M venture fund for startups
Saudi Arabia’s government and one of the country’s biggest banks plan to start a venture capital fund of up to 1 billion riyals ($270 million) to invest in new technology companies. Riyad Capital, the investment banking arm of Riyad Bank, will manage the fund, while Saudi Technology Development and Investment…
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Click here to read the full story: The Daily Star