ABU DHABI / WAM Modon has announced the launch of Wadeem, its first residential plots ...
Read More »Saudi’s PIF creates $1.7bn ‘fund of funds’ to back SMEs
Riyadh / Reuters Saudi Arabia’s Public Investment Fund (PIF) 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 (SMEs). The special fund will aim to boost SMEs’ access to capital by investing in venture capital and private equity funds, according to a PIF statement. The ...
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