The Dubai Future Fund for the Future supports 190 startups with more than $ 1.65 billion

During its third annual meeting, the supervisory committee of the “Dubai District Fund for the Future” reviewed the fund’s investments, partnerships and achievements during the last period, and its future vision and plans to enhance the innovation, investment and entrepreneurship system in Dubai, and its efforts to employ partnerships with entrepreneurs, investors and concerned authorities, in order to support the targets of Dubai Economic Agency (D33). The Fund, which is supervised by the Dubai International Financial Center and the Dubai Future Foundation, succeeded in supporting more than 190 emerging companies in various sectors through direct investments and partner investment funds, and more than $ 1.65 billion in investment obligations from these funds were collected until the end of 2024.

The Board of Directors reviewed the most prominent achievements of the Fund in the framework of its investment targets during the year 2024, which included:
• Support more than 190 companies within the investment portfolio, through direct investments and 12 Fund of Funds initiative
• More than 1.65 billion dollars of capital obligations through the subsidized funds until the end of the year
• Continue to adhere to the Dubai Economic Agenda targets (D33), which enhances the status of the fund as a major tributary in accelerating innovation, promoting technology, developing human capital and bold capital at the region level

“These achievements emphasize the importance of the pivotal role of the” Dubai Future District Fund “in supporting the growth of the digital economy sector in Dubai, which is based on adopting innovation and employing the latest findings of future technology in all major sectors.” In addition to his investment activities and various partnerships, the Dubai Future District Fund focused in 2024, highlighting the role of investments in enhancing cooperation between the government and private sectors to enhance expandable innovation. The Fund has published studies on this aspect in partnership with a number of institutions such as the Dubai Land and Property Department and the Dubai Health Authority, to explore opportunities for innovation partnerships that are in line with the priorities of government agencies and the development of solutions to startups. The Fund also led experimental projects with “Nestle” and “Amazon Web Service” with the aim of defining the opportunities available in the field of technology adoption and business empowerment.
The Dubai Future District Fund is an active component in the scene of investment capital in the UAE, and contributes to achieving the targets of the Dubai Economic Agency (D33), and setting the foundation for a future in which specialized expertise in investment capital intersects with sophisticated policies and organizations to support sustainable growth and enhance global influence. This reflects the commitment of the broader fund to convert the capital into a tangible impact, which includes not only financial returns, but also the operational value, strategic visions and the ability to innovate with all actors in the future economy in the region.

With the announcement of the United Arab Emirates to allocate the year 2025 “the year of society”, the Dubai District Fund for the future renewed its commitment to building strong bridges in the field of innovation between founders and financiers, startups, regulatory agencies and regional and global markets.
“The Fund contributes through investment projects to consolidate Dubai’s position as a world leader in the field of innovation, and we will continue to enhance cooperation with our international partners who are also committed to pushing the future economic growth,” said Aref Amiri, CEO of the Dubai International Financial Center Authority, a member of the Dubai Future District Fund, The Fund, through investment projects, is contributing to consolidating Dubai’s position as a world leader in the field of innovation, and we will continue to enhance cooperation with our international partners who are also committed to advancing future economic growth. ” The Dubai Future District Fund will focus on 2025 on the expansion of the recruitment of investments, priority to joint funds and investments that support the construction of the innovation and economic flexibility system, and the enhancement of partnerships and cooperation with the platforms of major entrepreneurs and emerging companies with regulatory authorities and investors in the local, regional and global markets.
In a related context, Nader Al -Bastaki, Managing Director of the Dubai District Fund for the Future, said: “The fund has achieved many prominent achievements during the year 2024, and succeeded in expanding the scope of its investments and partnerships, and we will continue to work to achieve future goals and support national strategies and innovators and owners of qualitative and targeted projects, and enhance the flexibility of the innovation and entrepreneurship system to consolidate the Dubai’s status as a global capital to employ Future opportunities. ”