Saudi Telecom's fund expects first deal by Q4, says CEO

25/05/2017 Argaam

Saudi Telecom Co's (STC) $500 million venture capital fund expects to complete its first transaction by Q4 2017, chief executive Abdulrahman Tarabzouni told reporters in Riyadh on Thursday.

 

STVentures' initial investments were currently being studied, he added.

 

STC CEO Khaled Biyari said the $500 million would be invested over the next four to five years.

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.

Most Read