From 2019 to 2022, investors from outside MENA dominated the late-stage VC landscape in the region by capital deployed
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How will the UAE’s new venture capital fund help overcome obstacles in the nation’s startup sector?
While the $100 million fund announced by Sheikh Hamdan bin Mohammed is a prime example of the drive to be at the forefront of a digital future, it is also crucial for startups in the fintech space where areas of success may be uncertain, experts said
DIFC
Dubai Crown Prince launches $100 million venture capital fund to bolster startups and entrepreneurs
The venture capital fund will come into effect in June 2022 and will run for eight years, with a possible two-year extension. It is expected to provide more than 8,000 jobs for emerging talent.