Subscribe

Subscribe to Our Newsletter

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn't arrive within 3 minutes, check your spam folder.

Ok, Thanks
Money Tech in UAE

Abu Dhabi’s ADQ launches a $100 million tech fund

ADQ, a holding and investment company based in Abu Dhabi has launched a $100 million venture capital fund in partnership with the Ministry of Digital Economy and Entrepreneurship in Jordan. * The funds will be invested in technology companies and startups in IT, telecommunications, financial services, education, food, agriculture, healthcare, logistics,

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Updated
Abu Dhabi’s ADQ launches a $100 million tech fund
Photo by Iwona Castiello d'Antonio / Unsplash

ADQ, a holding and investment company based in Abu Dhabi has launched a $100 million venture capital fund in partnership with the Ministry of Digital Economy and Entrepreneurship in Jordan.

  • The funds will be invested in technology companies and startups in IT, telecommunications, financial services, education, food, agriculture, healthcare, logistics, and clean energy among others.
  • The funds will be primarily focused on Jordan with a target of strengthening its digital economy and increasing digital opportunities.  
  • ADQ invested $10 billion in three countries: Egypt, UAE, and Jordan last month to promote sustainable economic growth.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Updated

Subscribe to Techloy.com

Get the latest information about companies, products, careers, and funding in the technology industry across emerging markets globally.

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Read More