The funds provided by Al Waha reinforce the volume of early stage capital available in Bahrain and the Gulf, filling the funding gap and working towards an expected USD 2 billion in investments in Fintech start-ups in the region over the next decade.
As the Global Economic Congress draws to a close, the $100million Bahrain-based Al Waha Fund of Funds, launched in 2018 with the aim of driving greater venture capital investment across the MENA region, has revealed that two Bahraini start-ups are benefiting from investments it has made into local venture capital funds.
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