National Capital launches SR1.2 bln fund

National Capital Co. has launched an investment private fund worth SR 1.2 billion to focus on defense and military supply chains and logistics.

This fund has been launched on the sidelines of World Defense Show being held in Riyadh to enhance potential cooperation and partnerships between National Capital, US and European companies specialized in defense and military activities.

The company offers a new vision in the show to create investment opportunities in the related industries in line with Saudi vision 2030.

It also launched in a short record time six investment funds in different sectors such as defense/military industries, technical/innovative systems, health care AI, machine learning, logistics and Saudi-based cyber security services.