Latest news with #MENAVentureInvestmentReport
Asharq Al-Awsat
2 hours ago
- Business
- Asharq Al-Awsat
Saudi Arabia Leads Middle East Venture Capital Investments
The "H1 2025 MENA Venture Investment Report" revealed that Saudi Arabia maintained its first rank across MENA in terms of Venture Capital (VC) funding in H1 2025, witnessing a total VC deployment of $860 Million (SAR 3.2 billion), surpassing the total VC funding of 2024 (full year). This achievement reflects the development the Kingdom is witnessing in various economic and financial sectors in light of the Saudi Vision 2030 and its goals to strengthen the national economy. According to the report published by the venture data platform MAGNiTT, the Kingdom captured the highest share of total VC funding in the MENA region in H1 2025, accounting for 56% of the total capital deployed in the region. The report also revealed that Saudi Arabia achieved a record number of 114 VC deals for the first half of 2025. This confirms the attractiveness of the Saudi market, enhances its competitive environment, and consolidates the strength of the Kingdom's economy as the largest economy in MENA. Dr. Nabeel Koshak, CEO and Board Member at SVC, commented: 'The Kingdom's leading position in the VC scene in the region comes as a result of many governmental initiatives launched to stimulate the VC and startups ecosystem within the Saudi Vision 2030 programs.' 'We at SVC are committed to continuing to lead the development of the ecosystem by stimulating private investors to provide support for startups and SMEs to be capable of fast and high growth, leading to diversifying the national economy and achieving the goals of the Saudi Vision 2030.' SVC is an investment company established in 2018. It is a subsidiary of the SME Bank, part of the National Development Fund (NDF). SVC aims to stimulate and sustain financing for Startups and SMEs from pre-Seed to pre-IPO through investment in funds and direct investment in startups and SMEs.
CairoScene
2 hours ago
- Business
- CairoScene
Saudi Arabia Captures 56% of MENA Venture Capital in H1 2025
Backed by Vision 2030 and strong government support, Saudi Arabia attracted more than half of all MENA VC funding in H1 2025, positioning itself as the region's top innovation hub. Jul 16, 2025 Saudi Arabia accounted for 56% of all venture capital deployed in the MENA region during the first half of 2025, securing $860 million across 114 deals, according to MAGNiTT's latest MENA Venture Investment Report. The total exceeds the Kingdom's entire VC funding for 2024, underlining growing investor confidence and continued support for startups under the Vision 2030 framework. This performance places Saudi Arabia at the forefront of regional investment activity, with the UAE coming second at $447 million, followed by Turkey ($226 million), Egypt ($185 million), and South Africa ($183 million). The Kingdom's rise has been fuelled by strong government-led initiatives, including support from Saudi Venture Capital Company (SVC), which continues to deploy funding through SME-focused and early-stage channels. The increase is attributed to regulatory reform, sovereign support, and a national strategy aimed at strengthening the private sector. The data also reflects a broader trend of regional diversification, with Saudi Arabia drawing attention from both local and international funds. While Singapore led emerging market VC performance globally, Saudi Arabia is now viewed as a serious contender with momentum driven by its economic transformation agenda. Further investment activity is expected to continue throughout the second half of 2025, bolstered by international events such as LEAP and continued public-private collaborations.
Leaders
20 hours ago
- Business
- Leaders
Saudi Arabia Leads MENA in VC Investment for H1 2025
Saudi Arabia retained its position as the top recipient of venture capital (VC) investment in the MENA region during the first half of 2025, according to the H1 2025 MENA Venture Investment Report by MAGNiTT. The Kingdom recorded a total VC investment of $860 million (SAR 3.2 billion), surpassing its full-year total for 2024. This milestone highlights the ongoing economic transformation driven by Saudi Vision 2030, which aims to diversify and strengthen the national economy. With 56% of the region's total VC funding in H1 2025, Saudi Arabia secured the largest share among MENA countries. The country also registered a record-breaking 114 VC deals during the same period, reinforcing its position as the region's most dynamic investment hub. These achievements underscore the Kingdom's growing appeal to investors and its progress toward building a vibrant, competitive business environment. Vision 2030 Driving Investment Growth Commenting on the report, Dr. Nabeel Koshak, CEO and Board Member at Saudi Venture Capital (SVC), credited government-led initiatives under Vision 2030 for the Kingdom's continued dominance in the regional VC landscape. He also emphasized that these efforts have been crucial in energizing the startup and VC ecosystem. 'At SVC, we remain committed to accelerating this momentum by encouraging private investors to support startups and SMEs,' said Dr. Koshak. 'This support is essential for fostering rapid, sustainable growth and achieving the broader goals of Vision 2030, including economic diversification and increased private sector participation.' Related Topics : KAUST Researchers Embark on Groundbreaking OceanQuest Expedition Around Africa Saudi Researchers Unveil Revolutionary Nanoplastic for Sustainable Street Lighting What is Research & Development? How Can You Implement It Effectively in Your Business? KAUST Accelerates Scientific Research with 67 Projects in AI, Cybersecurity, Bioinformatics Short link : Post Views: 26
Syyaha
a day ago
- Business
- Syyaha
Saudi Arabia Maintains its First Rank Across MENA for Venture Capital Investment in H1 2025
The 'H1 2025 MENA Venture Investment Report' revealed that Saudi Arabia maintained its first rank across MENA in terms of Venture Capital (VC) funding in H1 2025, witnessing a total VC deployment of $860 Million (SAR 3.2 billion), surpassing the total VC funding of 2024 (full year). This achievement reflects the development the Kingdom is witnessing in various economic and financial sectors in light of the Saudi Vision 2030 and its goals to strengthen the national to the report published today by the venture data platform MAGNiTT, the Kingdom captured the highest share of total VC funding in the MENA region in H1 2025, accounting for 56% of the total capital deployed in the region. The report also revealed that Saudi Arabia achieved a record number of 114 VC deals for the first half of 2025. This confirms the attractiveness of the Saudi market, enhances its competitive environment, and consolidates the strength of the Kingdom's economy as the largest economy in MENADr. Nabeel Koshak, CEO and Board Member at SVC, commented: 'The Kingdom's leading position in the VC scene in the region comes as a result of many governmental initiatives launched to stimulate the VC and startups ecosystem within the Saudi Vision 2030 programs. We at SVC are committed to continuing to lead the development of the ecosystem by stimulating private investors to provide support for startups and SMEs to be capable of fast and high growth, leading to diversifying the national economy and achieving the goals of the Saudi Vision 2030.' SVC is an investment company established in 2018. It is a subsidiary of the SME Bank, part of the National Development Fund (NDF). SVC aims to stimulate and sustain financing for Startups and SMEs from pre-Seed to pre-IPO through investment in funds and direct investment in startups and SMEs.
