-GII Group raised USD 100 million to boost its private equity investments in Saudi Arabia and the Gulf, focusing on sectors like healthcare, food, and logistics in line with Vision 2030’s goals.

-This investment demonstrates confidence in GII’s growth and supports Saudi Arabia’s Vision 2030, aimed at diversifying the economy and creating jobs.

-GII will channel the funds into expanding strategic projects in key sectors, while also exploring new opportunities in the Gulf and beyond.

Investment to Support Saudi Vision 2030

GII Group has raised USD 100 million in a strategic funding campaign aimed at boosting private equity investments in Saudi Arabia and the Gulf Cooperation Council (GCC) region. This funding aligns with Saudi Arabia’s Vision 2030, a national initiative that seeks to diversify the economy, reduce reliance on oil, and create job opportunities. The raised capital will specifically support sectors like healthcare, food, logistics, and manufacturing. This initiative is expected to attract foreign investments while fostering economic growth and development within the Kingdom.

Key Investors Signal Market Confidence

The fundraising round saw participation from high-profile regional investors, including the Al Nahdi family office and the Sharjah Investment and Development Authority (Shurooq). Their involvement demonstrates strong market confidence in GII’s business strategy and long-term expansion prospects. With this capital, GII aims to create a solid pipeline of investment projects that will not only help grow its portfolio but also contribute to Saudi Arabia’s economic transformation goals under Vision 2030.

Expanding Strategic Partnerships

Founded in 2014 by Mohammed Al Hassan and Pankaj Gupta, GII currently manages assets worth over USD 4.5 billion. Over the years, GII has built strategic partnerships with prominent entities like Brookfield Asset Management. The company’s existing investments in Saudi Arabia include substantial stakes in healthcare providers like Al Meswak Medical Clinics and Abeer Medical Company, alongside ventures in the logistics sector through a joint venture with LogiPoint. With the new funding, GII plans to expand its influence in the region while continuing to explore new opportunities across sectors, including its recent focus on the Indian space market.

Co-founder Mohammed Al Hassan emphasized, “The new capital will strengthen GII’s growth and expansion in Saudi Arabia, supporting Vision 2030, attracting foreign investments, and creating jobs for citizens.”