Electronic Union – Abu Dhabi
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, announced the launch of the Dubai Future District Fund with one billion dirhams to invest in emerging companies.
In implementation of the directives of Mohammed bin Rashid Al Maktoum and Hamdan bin Mohammed, may God protect them, to support the digital economy sector, today we launched the Dubai Future District Fund with one billion dirhams to invest in emerging companies, and we approved within the Capital Markets and Exchanges Development Committee the appointment of Sherif Al-Badawi as Executive Director of the Fund.
— Maktoum Bin Mohammed (@MaktoumMohammed) November 15, 2021
His Highness said through his official account on Twitter, “In implementation of the directives of Mohammed bin Rashid Al Maktoum and Hamdan bin Mohammed, may God protect them, with the support of the digital economy sector, today we launched the Dubai Future District Fund with one billion dirhams to invest in emerging companies, and we were approved by the Capital Markets and Exchanges Development Committee. Appointing Sherif El-Badawy as Executive Director of the Fund.
The fund can be used via https://t.co/LsGj23ArJK The objective of the fund is to support emerging companies in the technology sector and encourage successful digital companies to list in Dubai’s financial markets. Mohammed bin Rashid’s future bet is the digital economy.
— Maktoum Bin Mohammed (@MaktoumMohammed) November 15, 2021
His Highness added, “The fund can be benefited from via http://futuredistrictfund.com. The aim of the fund is to support emerging companies in the technology sector and encourage successful digital companies to list in Dubai’s financial markets. Mohammed bin Rashid’s future bet is the digital economy.”
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