Do invests 50M dollars in digital innovation
"Du" has launched an investment fund valued at $50 million in collaboration with "Shorouq," with the aim of supporting digital innovation in the UAE and the Middle East region. The fund focuses on investing in startups across fields such as financial technology, artificial intelligence, cybersecurity, cloud computing, and others, with the goal of accelerating digital transformation and strengthening the UAE's competitive digital economy. Shorouq will manage the fund, concentrating on supporting Emirati companies and startups with the capital and infrastructure needed to expand their solutions.
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