Khalifa Fund is planning to launch a multi-million-dirham venture capital fund to finance small- and medium-sized enterprise (SME) start-ups.
"We believe there is a limited access to venture capital funds and we believe there is a need for it," said Halah El Sokari, the organisation's Director of Strategy and Planning.
"We are currently working on the full details of the fund, which will give opportunities to nationals and also to expatriates where there is opportunity for technology transfer."
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