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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