Conglomerate Al Faisaliah is anchor investor for the newly launched Nuwa Capital, which is reportedly seeking $100m for its final close.

United Arab Emirates-based investment fund Nuwa Capital has launched with conglomerate Al Faisaliah Group as its anchor investor and strategic partner, and a targeted close of $100m according to Menabytes. Nuwa Capital will invest in startups located in the Middle East and North Africa in addition to East Africa, Pakistan and Turkey. It is concentrating…

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