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Saudi sovereign fund creates $1.07 bln "fund of funds" to back SMEs
Saudi Arabia’s Public Investment Fund said on Monday it is creating a 4 billion riyal ($1.07 billion) “fund of funds” to support the growth of small and medium-sized enterprises. The special fund will aim to boost SMEs’ access to capital by investing in venture capital and private equity funds, according…
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Click here to read the full story: Reuters