Dubai launches $272 million Future District Fund to invest in startups

Published: Updated:

Dubai launched on Monday its Future District Fund with one billion dirham ($272.29 million) to invest in startups, deputy ruler Sheikh Maktoum nin Mohammed said on Twitter.

“The aim of the fund is to support emerging companies in the technology sector and encourage digital companies to list in Dubai’s financial markets,” Sheikh Maktoum added.

For the latest headlines, follow our Google News channel online or via the app.

Read more:

UAE rulers welcome successful bid to host COP28, promise accelerated climate action

Dubai Holding weighing IPO of TECOM Group: Sources

Dubai to list DEWA as public company: Deputy ruler

Top Content Trending