Mulkia Investment creates first Saudi cybersecurity fund 

Mulkia Investment creates first Saudi cybersecurity fund 
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Updated 15 September 2021
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Mulkia Investment creates first Saudi cybersecurity fund 

Mulkia Investment creates first Saudi cybersecurity fund 

RIYADH: Mulkia Investment Co. has established Mulkia Cyber Security Fund in partnership with US leading company in cybersecurity investment, Paladin Capital Group, Argaam reported.

The fund aims to invest in companies and funds in the cybersecurity sector to achieve capital growth in the medium to long term. The fund’s term is 10 years with a minimum commitment of SR1 million ($266.5 million), the company said in a statement.

The fund offers qualified investors the opportunity to invest in cybersecurity companies and technologies worldwide, it said.