Israel’s OurCrowd and UAE’s Al Naboodah Create $100m Fund for Gulf Tech Investors

The venture is the first of its kind since the two countries normalised relations last month.

UAE businessman Abdullah Saeed Al Naboodah has partnered with Israel’s OurCrowd venture capital to form a $100 million (Aed367m) fund to back technology investments between the two countries.  The venture is the first of its kind since the two countries normalized relations last month.

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