Maktoum bin Mohammed launches the Dubai Future District Fund with AED 1 billion

Maktoum bin Mohammed:

• In implementation of the directives of Mohammed bin Rashid Al Maktoum and Hamdan bin Mohammed to support the digital economy sector… Today, we launched the Dubai Future District Fund with AED 1 billion to invest in startup companies. We also approved within the financial market and stock exchanges development committee the appointment of Sherif Al-Badawi as Executive Director of the Fund.

• The fund can be benefited from via: http://futuredistrictfund.com. The fund’s objective is to support startup companies in the technology sector and encourage successful digital companies to list in Dubai’s financial markets.