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Saudi Arabia: Saudi Venture Capital announces USD 30 million investment in Impact46's Fund III to support Saudi businesses

Description

On 2 October 2023, it was announced that Saudi Venture Capital (SVC) made a capital injection of USD 30 million into the private equity fund 'Fund III' managed by Impact46, a Saudi-based asset managem...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Oct 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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