• About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
  • Home
  • Banking
  • Non Banking
  • Markets
  • Infrastructure
  • Lifestyle
  • FeatureNew
  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Finance

Abu Dhabi’s ADQ Declares $300mn Fund in Southeast Asia and India Start-ups

The Global Economics by The Global Economics
May 22, 2020
in Finance, Top Stories
Reading Time: 1 min read
0
Business people in a meeting

Business people in a meeting

36
SHARES
201
VIEWS
FacebookTwitterRedditWhatsAppLinkedInFacebook

Abu Dhabi based public joint stock company- ADQ has declared a new capital fund worth $300 million (1.1 billion dirhams)  named Alpha Wave Incubation (AWI) for investing in start-ups in India and Southeast Asia.

According to the company, the venture capital fund will be located at Abu Dhabi Global Market and will be managed by Falcon Edge Capital, a New York based investment firm. Additionally, fund will be using highly advanced regulatory frameworks and will provide its portfolio market access to companies in the United Arab Emirates (UAE), the Middle East, and North Africa.

According the chief executive officer of ADQ, Mohammed Hassan Al Suwaidi said that the AWI fund will help in further encouraging the culture of entrepreneurship in Abu Dhabi and promote the city’s position as a global innovation hub, with being aligned to the Ghadan 21 accelerator programme’s investment in their economy. Mayank Singhal, the head of venture capital and technology at the company also agreed to the fund’s ability in attracting young investors to the capital and generating sustainable and long-term financial returns.

Formerly known as Abu Dhabi Developmental Holding Company, the company is currently across 11 sectors such as logistics, tourism and hospitality, real estate, media, and others, and covers 90 companies.

The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

Related Posts

UK Banks Announce Closure of 36 More Branches
Banking

UK Banks Announce Closure of 36 More Branches

by Rahil Adnan
September 22, 2023
Indonesian Parliament Approves $216 Billion State Budget
Economy

Indonesian Parliament Approves $216 Billion State Budget

by Riya Thomas
September 21, 2023
Changing Geopolitics of Azerbaijan & Armenia and Its Effects on the World Economy
Economy

Changing Geopolitics of Azerbaijan & Armenia and Its Effects on the World Economy

by The Global Economics
September 20, 2023
Toyota's Bold Move: Fusing Traditional Tactics and Cutting-Edge Technology in the EV Arena
Transportation

Toyota’s Bold Move: Fusing Traditional Tactics and Cutting-Edge Technology in the EV Arena

by Riya Thomas
September 19, 2023
China’s Trade War Expands Beyond Semiconductors
Lifestyle

China’s Trade War Expands Beyond Semiconductors 

by The Global Economics
September 19, 2023
Twitter Youtube LinkedIn Soundcloud
the global economics logo

The Global Economics Limited is a UK based financial publication and a quarterly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

UK Banks Announce Closure of 36 More Branches

UK Banks Announce Closure of 36 More Branches

September 22, 2023
Indonesian Parliament Approves $216 Billion State Budget

Indonesian Parliament Approves $216 Billion State Budget

September 21, 2023
Changing Geopolitics of Azerbaijan & Armenia and Its Effects on the World Economy

Changing Geopolitics of Azerbaijan & Armenia and Its Effects on the World Economy

September 20, 2023
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version