Tel Aviv-based venture fund Liquid Capital and Dubai-based Vault Investments have announced an agreement to form a joint Venture Debt Investment fund with more than $100 million based in Dubai. It will deploy debt financing that is aimed at technology financing across the Middle East, North Africa, and Europe and leverage technology already used by Liquidity Capital for its new offices in Dubai.
The joint venture is an example of the ties being formed as a consequence of the Abraham Accords that normalized relations between Israel and the UAE. The two firms will leverage the technologies across the region and help unlock opportunities for Middle Eastern startups and companies with potential growth to help them become players on the global stage.