Nuwa Capital on track to close $100m early-stage MENA fund by year-end

Nuwa Capital on track to close $100m early-stage MENA fund by year-end

Skyscrapers stand in Dubai. Photographer: Christopher Pike/Bloomberg

Dubai-based venture capital firm Nuwa Capital is on track to fully close its $100-million debut Middle East North Africa (MENA) fund by the year-end, according to a senior executive.