du launches $50 million investment fund with Shurooq to drive digital innovation
5 Articles
5 Articles
du launches $50 million investment fund with Shurooq to drive digital innovation
Abu Dhabi: du, a leading telecommunications and digital services provider, has announced the launch of du Ventures, a $50 million corporate investment fund established in partnership with Shurooq, a technology investment company.The collaboration aims to accelerate digital innovation across the United Arab Emirates and the wider Middle East region, supporting the growth of emerging technologies and startup ecosystems.The launch of du Ventures ma…
A new investment fund will enable du to access emerging companies and technologies to enhance its core services and develop its integrated digital ecosystem. This strategic partnership will manage investments and focus on promising companies in the UAE and the region. du, a leading telecommunications and digital services provider, today announced the launch of du Ventures, a $50 million institutional investment fund, in partnership with Shorooq,…
Du in $50m push to expand regional startups
Emirates Integrated Telecommunications, operator of the Du brand in the UAE, has launched a venture capital fund to help scale up regional startups. The $50 million fund will be managed by Abu Dhabi-based Shorooq. It will focus on companies across fintech, artificial intelligence, cybersecurity, cloud, loyalty, gaming, enterprise software and customer service technologies in the UAE and other GCC countries. “Through Du Ventures, we are investing…
du Launches du Ventures, US$50M Corporate Venture Fund Targeting UAE Fintechs
du is launching a US$50 million corporate venture fund named du Ventures to invest in companies across the region, with a specific focus on fintech, AI, and cybersecurity. The fund is managed by multi-strategy investment firm Shorooq and targets startups developing market-ready solutions. A significant portion of the capital is allocated to UAE-based ventures. While the fund covers multiple technology sectors, its financial services focus includ…
du unveils du Ventures with $50 million fund
du today announced the launch of du Ventures, a $50 million corporate venture fund developed in partnership with Shorooq and designed to accelerate the next wave of digital innovations across the UAE and the broader region. The initiative marks a significant milestone in du’s evolution beyond traditional telecom services into a comprehensive digital ecosystem player. du Ventures will partner with promising startups and founders transforming emer…
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