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اقتصاد سكاي نيوز عربية
De/l and Shorouk Launch $50M Fund
Dubai's Emirates Telecommunications Company (du) has launched an institutional investment fund worth $50 million called "du Ventures" in collaboration with Shorooq Partners, with the goal of supporting startups in technology fields such as artificial intelligence, cybersecurity, and cloud services. The fund focuses on accelerating digital innovation and directing investments toward technological solutions that align with the strategic priorities of the United Arab Emirates, with Shorooq managing the fund and reserving a significant share for local investments. This move aims to promote digital transformation and support entrepreneurship in the region.
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