The kingdom is taking a mature approach to building its digital economy and venture culture despite relatively small startup ecosystem Saudi Arabia has formally launched a new ICT (information, communication and technology) startup ventures fund worth SAR500 million, or about US$133 million. Known as Riyadh Taqnia Capital, the fund was announced personally by Prince Dr...
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The post Saudi Arabia to invest US$133M to pump up Arab ICT startups appeared first on e27.
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