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Emirates News Agency - EIB backs US$150 million Middle East venture capital initiative and create 8,000 tech jobs

  LUXEMBOURG,13th February, 2023 (WAM) The European Investment Bank (EIB), through its new dedicated development finance arm EIB Global, will provide US$27 million participation in the US$150 million Middle East Venture Fund IV (MEVF IV). The new venture capital fund launched by Middle East Venture Partners (MEVP) will increase targeted equity investment in high-growth e-commerce, health and education technology companies across the Middle East and Pakistan. “We welcome EIB Global’s US$27 million anchor investment in the US$150 million MEVF IV that will ensure that.

EIB backs USD 150m venture capital fund in the Middle East: accelerated digital transformation and 8,000 tech jobs created

EIB backs USD 150m venture capital fund in the Middle East: accelerated digital transformation and 8,000 tech jobs created
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A stroll through the ecosystem - Executive Magazine

A stroll through the ecosystem - Executive Magazine
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