Appointment of “Shuaa Capital” as an advisor to the “Falcons 1”...

Shuaa Capital, listed on the Financial Market, which is the most prominent platform for asset management and investment banking in the region, announced its appointment, represented by Jasim Al-Siddiqi, as a consultant in the Middle East and North Africa for the “500 Falcons 1” fund of startups 500 in the Middle East and North Africa region specialized in the early stages of Venture capital is the most active globally.

The company said in a statement to the Dubai Financial Market today that it will focus on providing advisory services to Falcons 1 fund companies in financing and exit strategies, in a period when the company’s fund in the Middle East and North Africa region approaches the end of its operations.

In this context, Jassim Al-Siddiqi, CEO of Shuaa Capital, said: “500 startups is a pioneer in the region, as it manages a global platform that has made significant contributions to the startup ecosystem and has established an in-depth network of investors and investments throughout the MENA region with Shuaa, I look forward to Provide the necessary guidance and cooperation with founders to take their business to the next level, whether through further development or exit strategies.

He continued: We, in Shuaa, are keen to benefit from our investments in the risk capital and technology sector, and we express our pride in keeping our goals in line with those of world-class institutions.

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