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Dubai's rulers launch AED1 billion fund to support seed-to growth-stage startups

News Team, 30/11/2021

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, deputy ruler of Dubai, deputy prime minister and minister of finance and chairman of the Dubai Securities and Exchange Higher Committee, has launched the Dubai Future District Fund, with an initial purse of AED1 billion, along with the fund’s website

The move is part of the Dubai Future District’s (DFD) ongoing efforts to support startups in the field of technology and encourage them to list in the Dubai Financial Markets and stock exchange.

The fund, an initiative of th...


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