Ibtikar Fund, a venture capital firm based in Dubai, focuses on investing in innovative startups founded by Palestinian entrepreneurs across the MENA region. Recently, it announced the closure of its second fund, raising $25 million, including $3 million from the European Bank for Reconstruction and Development. The fund aims to support 25 tech startups, facilitating their growth beyond local markets. Ibtikar’s strategy involves investing in scalable, tech-enabled businesses while providing ongoing support. The firm seeks to strengthen the Palestinian economy and foster a resilient tech ecosystem, maximizing returns for investors and addressing regional and global needs.