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Dubai Airshow 2021: Tawazun increases cash in venture capital fund

by Charles Forrester

The United Arab Emirates' Tawazun announced on 16 November that it had bolstered the funding available to the Strategic Development Fund (SDF) for use in venture capital investments by USD150 million for both domestic and international targets.

Abdulla Naser Al Jaabari, SDF Managing Director and CEO, said “We are targeting emerging companies in specific strategic sectors that have high growth potential and global scalability, especially in the markets of the UAE, the Middle East, the European Union, the United Kingdom, and other potential markets.”

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https://www.janes.com/defence-news/news-detail/dubai-airshow-2021-tawazun-increases-cash-in-venture-capital-fund

The United Arab Emirates' Tawazun announced on 16 November that it had bolstered the funding availab...

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