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  • 09-06-22

    KSA grows 225 percent in Q1 amid closing 101 investment deals valued at USD4bn

    (MENAFN) Saudi Arabia’s closed trades over tripled to stand at an amount of 101 in the January-March period of this year versus the same quarter in 2021, with finance valued at SR15.2 billion (USD4 billion).

    This indicates a 225 percent rise from 31 trades in the same quarter in 2021, in line with figures by the Ministry of Investment of Saudi Arabia.

    The recently closed deals are estimated to offer around 6,000 job chances.

    MISA’s numbers presented a noteworthy increase in the amount of new financiers in the Kingdom, with the entrepreneurship and innovation division attracting the robust attention and subsidizing to 71 deals out of the overall.

    MENAFN09062022000045014228ID1104347754

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