BIM Ventures and SBI Holding announced the establishment of BIM Capital.

Why it Matters? BIM Capital aims to attract over USD 200 million (SAR 750 Million) in foreign direct investment.

More to Know:

• BIM Capital will focus on a diverse range of investments, including private equity, venture capital, debt funds, and real estate funds.
• The firm aims to attract over $200 million (SAR 750 Million) in foreign direct investment and targets total assets under management exceeding $2 billion (SAR 7.5 Billion).
• It will target companies in the MENA region.