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Such efforts to deal with water challenges include the establishment of a Riyadh-based Global Water Organization that aims to develop and integrate joint work between states and organizations in the water field to achieve sustainable development goals. ....
(MENAFN - Khaleej Times) Dubai and Riyadh-based Nuwa Capital, a venture capital firm, has announced the first close of its flagship fund Nuwa Ventures Fund I (NVFI), having raised three-quarters of its $100 million target in less than a year since its launch. The fund primarily targets rapidly growing markets in Mena and neighbouring geographies, including Turkey, Pakistan, and Sub-Saharan Africa. Nuwa Capital was founded in February 2020 by Khaled Talhouni, Sarah Abu Risheh, and Stephanie Nour Prince in response to a lack of impactful operational and strategic support from investors. To this effect, the fund has launched the ‘Nuwa Network , a close-knit network of founders and operational experts, to help startups navigate challenges with scaling and expansion, among others. ....