Qatar's QIA plans to invest $1bn in venture capital funds to develop Qatar and Gulf region's VC and start-up sector.
Qatar's sovereign wealth fund, QIA, announced plans to invest over $1bn in international and regional venture capital funds as part of a strategy to develop the venture capital and start-up sector in Qatar and the wider Gulf region. The "Fund of Funds" program will aim to generate market-level commercial returns while supporting the sustainable development of a vibrant VC and start-up ecosystem in line with Qatar's National Development Strategy.
February 26, 2024
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