Page 51 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 1)

Press Release

companies operating in the country and nearly 86 per cent of the private sector workforce,
significantly contributing to overall jobs and employment opportunities in the country.

H.E. Alia Al Mazrouei was apprised of the future plans of the venture capital funds that attended
the meeting and their proposals for business growth and expansion in the UAE. She also discussed
ways to strengthen cooperation between the Ministry of Economy and these funds to develop new
partnerships that support growth opportunities for startups, thereby encouraging innovation and
creativity.

The meeting was attended by directors and CEOs representing 20 venture capital funds, including:
Access Bridge Ventures, Aditum VC Fund, Antler Ventures, Arbor Ventures, Arzan Venture
Capital, BECO, COTU, Dubai Future District Fund, EQ2 Ventures, Flat6Labs, Global Ventures,
Iliad Partners, MBRIF, MEVP, Mubadala Ventures, Nuwa Capital, Oraseya Capital, Plus VC,
Stride Ventures, and VentureSouq.

-Ends-

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