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United Arab Emirates
2019 (7 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Mustaqbal Fund
Company Information
Get to know Mustaqbal Fund
Mustaqbal Fund is a significant "Fund of Funds" initiative with a capital of SAR 4 billion (approximately USD 1.07 billion). It was established by the Small and Medium Enterprises General Authority (Monsha'at) and is managed by the Saudi Venture Capital Company (SVC). The fund's primary mission is to stimulate the local venture capital ecosystem by investing in venture capital and private equity funds that target Saudi Arabian startups and small to medium-sized enterprises (SMEs). By doing so, it aims to fill financing gaps, encourage private sector investment, and contribute to the economic diversification goals of Saudi Arabia's Vision 2030.
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