- NEOM has officially introduced its strategic investment arm, known as the NEOM Investment Fund (NIF), which operates as a wholly-owned subsidiary of NEOM. Its primary mission is to support the development of NEOM's 14 priority sectors and generate long-term value, all while facilitating job creation within the NEOM project.
- The NIF has a global investment focus and will engage in Mergers & Acquisitions as well as venture capital activities, specifically targeting technology startups, with a strong emphasis on innovative growth companies and industries of the future. The NIF will also forge Joint Ventures and partnerships with major multinational corporations, institutional investors, and innovators connected to NEOM.
Why it matters
As a catalyst for transformative change, NIF actively seeks deep collaborations with like-minded investors and visionary entrepreneurs who are addressing some of the world's most complex challenges, aligning with NEOM's overarching vision. NIF aims to foster the emergence of regional and global market leaders in each of NEOM's 14 economic sectors by investing in economically viable projects and groundbreaking ideas made possible by cutting-edge technologies.
