Logo of Saudi Basic Industries Corp. (SABIC)

Saudi Basic Industries Corp. (SABIC) announced the launch of Nusaned Fund II, in cooperation with SNB Capital, at a value of SAR 750 million ($200 million).
 

The rollout of the new fund comes with the aim of supporting startups and developing the industrial sector, Saudi Press Agency reported.
 

The announcement came during the first day of the Global Entrepreneurship Conference (GEC) currently held in Riyadh, under the patronage of Crown Prince Mohammed bin Salman.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request