The Kingdom of Saudi Arabia maintained its lead in the Middle East and North Africa as the country with the highest venture‑capital investment value in the first half of the current year, executing investments worth 3.2 billion riyals (USD 860 million) in national start‑ups, thereby surpassing the total for all of 2024.
Data issued by the “Magnitt” platform showed that the Kingdom captured the largest share of total venture‑capital investment in the Middle East and North Africa during the first half of the current year, at 56 percent. It also achieved a record number of venture‑capital deals, reaching 114 deals, reflecting the attractiveness of the Saudi market, enhancing its competitive environment, and affirming the strength of its economy as the largest in the region.
Source (Al Sharq Al Awsat Newspaper, Edited)
