27 C
Jaipur
Sunday, October 25, 2020

OurCrowd: Israeli VC OurCrowd, UAE’s Al Naboodah to partner on technology – Latest News

Must read

Lenovo Legion Phone Duel, a bizarre new gaming phone, is available to buy now

If you're looking to buy a new gaming phone the Lenovo Legion Phone Duel is out today, and it might be great for the...

Packers vs Texans live stream: how to watch NFL week 7 online from anywhere

The Green Bay Packers roll into week 7 with an impressive 4-1 record and all signs point to that becoming 5-1 after today's game...

Steelers vs Titans live stream: how to watch NFL week 7 online from anywhere

Two of the NFL’s three remaining undefeated teams do battle at Heinz Field today in the pick of week 7's games. After a three-week...

Why a sports watch is a great investment – even if you hate sports

A few days ago, Garmin released its latest feature-packed watch - one designed not for running, boating or driving, but for gaming. The Garmin...

Israeli venture investment firm OurCrowd signed a memorandum of understanding with Phoenix, a business development company, to increase business and technology ties between Israel and the United Arab Emirates, the firms said on Tuesday.

This is a further development in economic collaboration after Israel and the UAE last month signed an historic agreement to normalize ties.

OurCrowd, which has $1.5 billion of committed funding, will support UAE-based startups seeking growth and development in Israel as well as those seeking to collaborate on innovation.

Phoenix, spearheaded by Abdullah Saeed Al Naboodah, chairman of Al Naboodah Investments, will serve as an investment platform for individuals and family offices in the Gulf seeking to invest in Israeli technology.

It will also introduce OurCrowd to Gulf-based startups with the aim of raising investment through OurCrowd’s crowdfunding platform. Phoenix will also assist Israeli startups with potential partners in the Gulf region.

OurCrowd appointed Sabah al-Binali as venture partner and head of the Gulf region.

Source link

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Lenovo Legion Phone Duel, a bizarre new gaming phone, is available to buy now

If you're looking to buy a new gaming phone the Lenovo Legion Phone Duel is out today, and it might be great for the...

Packers vs Texans live stream: how to watch NFL week 7 online from anywhere

The Green Bay Packers roll into week 7 with an impressive 4-1 record and all signs point to that becoming 5-1 after today's game...

Steelers vs Titans live stream: how to watch NFL week 7 online from anywhere

Two of the NFL’s three remaining undefeated teams do battle at Heinz Field today in the pick of week 7's games. After a three-week...

Why a sports watch is a great investment – even if you hate sports

A few days ago, Garmin released its latest feature-packed watch - one designed not for running, boating or driving, but for gaming. The Garmin...

YouTube TV Channels In 2020: Cost & Features Explained

When it comes to cord-cutting due to the constant leaps in the cable bill, the first thing that comes to our minds is Netflix...