Companies attract SR 75 million investments

Companies attract SR 75 million investments

Wednesday 1438/4/20 – 2017/01/18

Riyadh,Rabi’II 20, 1438, January 18, 2017, SPA –King Abdulaziz City for Science and Technology (KACST) represented by Badir Program for Technology incubators said that a number of emerging small companies at the Program have succeeded in attracting local and international investments from individual investors and investment funds with an amount of more than SR 75 million by the end of 2016.
The Chief Executive Officer of Badir Program for technology incubators, Nawaf Al-Sahaf, said that companies incubated at the Program have succeeded in attracting more local and international investments and making successful partnerships with public and private sectors and launching strategic partnerships with many other small companies.
–SPA
16:09 LOCAL TIME 13:09 GMT