“The challenges of the Covid-19 pandemic brought with it investment opportunities in many sectors, especially those related to technology and entrepreneurship. For example, investments in SMEs grew by 300 percent during the second quarter of 2020 compared to the same period last year.”
–Adel Al Ateeq, CEO of Jada Fund of Funds Co., (Jada), which in 2020 invested $266 million in private equity and venture capital funds in order to stimulate the growth of the small and medium enterprises in Saudi Arabia. [Asharq Al-Awsat]
