Riyadh: Afaq Capital, licensed by the Capital Market Authority, has acquired a venture capital portfolio in a deal structured and completed with Cotyledon for Management Consultancy. This transaction marks the region's first full exit of a venture capital portfolio and represents a pivotal step in developing the local and regional investment landscape. According to Saudi Press Agency, the deal is a "clear demonstration that liquidity events in this sector are becoming realistic and achievable." The transaction signals a new phase for the venture capital ecosystem, confirming reliable exit paths for international investors and realistic returns for local investors. The deal is expected to contribute to capital recycling, encourage new funds, and support the Kingdom's ambition to become a leading regional hub for innovation and private capital.
KSrelief Provides Vital Food Assistance to Yemeni Families
October 17, 2026