Wa’ed Ventures and Maydan Capital sign MOU to back startups in Saudi Arabia
VC arm of Saudi Aramco Entrepreneurship Center partners with equity investment platform to support ethical tech companies
New York | London: Wa’ed Ventures, the venture capital arm of Saudi Aramco Entrepreneurship Center, has signed a Memorandum of Understanding (MOU) to provide ethically focused fintech startups with visibility and access to investment in the Kingdom of Saudi Arabia.
The deal has been inked with Maydan Capital (Maydan), an equity investment platform based in the United Kingdom that connects ethical investors with technology-focused, Halal investment opportunities.
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