VC Fund Options Explored

Press Release

Press Release Reference Number: MBA2020101401

Title: VC Fund Options Explored

Date: 14 October 2020

MBA Fakhro has begun to explore options for forming a venture capital and green field investment fund management company. Options under consideration include forming the entity in either Bahrain, Dubai, Bangalore, Singapore, London, or Silicon Valley, or maybe some combination of two or three locations over the long term.

The initial objective of the new business will be to raise funds and then invest in early stage companies in the fields of blockchain, CRISPR-Cas9, 5G, AI, IOT, and other emerging technologies. It will also explore green field investments in other fields in which the group has core competencies such as franchising of US brands in emerging markets.