Venture capital investment boosted Saudi Arabia’s regional leadership in 2025 for the 3rd consecutive year

The Kingdom reinforced its leading position in the Middle East region for the third consecutive year in terms of venture capital volume, a clear impact of the Saudi Vision 2030. SPA.
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Updated 05 January 2026
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Venture capital investment boosted Saudi Arabia’s regional leadership in 2025 for the 3rd consecutive year

RIYADH: The Saudi Venture Capital Co. has announced that venture capital in Saudi Arabia achieved two historic leaps in 2025, in terms of investment volume and number of deals.

The Kingdom also reinforced its leading position in the Middle East region for the third consecutive year in terms of venture capital volume, a clear impact of the Saudi Vision 2030.

SVC explained that the Kingdom achieved a record number of venture capital deals, with 254 deals, during 2025. It also recorded another historic figure in venture capital volume, reaching $1.66 billion during 2025, compared to no more than $60 million in 2018.

This contributed to a 25-fold increase in investment volume since SVC’s establishment and its emergence within the ecosystem, confirming its role as a market maker.

CEO and Board Member of SVC, Nabeel Koshak, said: “These figures represent a structural transformation in venture capital. What the Kingdom has witnessed today in the venture capital sector is a result of the unlimited support of the wise leadership for all sectors, which has been translated today into a well-thought-out economic transformation, in which private investment has moved to a more mature stage.”

He added: “These figures reflect the strength of the Saudi economy, the clarity of the vision, and the confidence of investors, and confirm that the venture capital system has become a fundamental pillar for economic growth and diversification.”

Koshak stated that the volume of investment has increased 25-fold since 2018, achieving record highs in both investment size and the number of deals. This reflects the maturity of the market in terms of the competitiveness of local and regional investment funds, the attractiveness of investing in the Kingdom for global investment funds, and the readiness of companies and the diversity of sectors.

The CEO pointed out that venture capital contributes to building companies capable of expansion, provides quality jobs, and transforms innovation into sustainable economic value, in line with the objectives of the Kingdom's Vision 2030.


Egypt-born Dina Powell McCormick appointed Meta president and vice chairman

Updated 13 sec ago
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Egypt-born Dina Powell McCormick appointed Meta president and vice chairman

  • The former Goldman Sachs partner and White House official previously served on Meta’s board of directors
  • Powell McCormick, who was born in Cairo and moved to the US as a child, joins the management team and will help guide overall strategy and execution

LONDON: Meta has appointed Egypt-born Dina Powell McCormick as its new president and vice chairman.

The company said on Monday that the former Goldman Sachs partner and White House official, who previously served on Meta’s board of directors, is stepping up into a senior leadership role as the company accelerates its push into artificial intelligence and global infrastructure.

Powell McCormick, who was born in Cairo and moved to the US as a young girl, will join the management team and help guide its overall strategy and execution. She will work closely with Meta’s Compute and infrastructure teams, the company said, overseeing multi-billion-dollar investments in data centers, energy systems and global connectivity, while building new strategic capital partnerships.

“Dina’s experience at the highest levels of global finance, combined with her deep relationships around the world, makes her uniquely suited to help Meta manage this next phase of growth as the company’s president and vice chairman,” Meta founder and CEO Mark Zuckerberg said.

Powell McCormick has more than 25 years of experience in finance, national security and economic development. She spent 16 years as a partner at Goldman Sachs in senior leadership roles, and served two US presidents, including stints as deputy national security adviser to Donald Trump, and a senior State Department official under George W. Bush.

Most recently, she was vice chair and president of global client services at merchant bank BDT & MSD Partners.