Dubai's DIEZ doubles Oraseya Capital fund to AED1 billion, raises per-company cap to $6 million

Oraseya Capital, the investment arm of Dubai Integrated Economic Zones Authority (DIEZ), is doubling its fund to AED 1 billion, according to a statement attributed to Sheikh Ahmed bin Saeed. The stated aim is to expand investment in companies with global potential. The statement frames the move as reinforcing Dubai's position as a hub for venture capital and innovation, and as support for the Dubai Economic Agenda D33 and the UAE's position in future sectors. No timeline or portfolio details are given.

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