Dubai, United Arab Emirates-Thursday 10 September 2020 [ AETOS Wire ]
AFKAR
Ventures, a MENA-based first mover in energy tech, brings together a
team of the region’s leaders in energy, engineering, fintech, and
management. The founding team consists of six globally experienced
members looking to seed startups as well as invest in established
companies in energy and technology.
With a clear and focused
vision, AFKAR aims to help shape a sustainable and independent future
for the MENA region’s energy tech sector. With a proven track record in
innovation and over a century of combined experience in energy and
technology, the founding team is made up of:
● Adnan Ghabris (Chairman)
● Maen Razouqi (Executive Director)
● Zied Ben Hamad (Executive Director)
● Ghassan Mirdad (Director)
● Raja Al Mazrouei (Director)
● Mazin Al Lamki (Director)
“AFKAR
Ventures three main pillars are to seed and scale startups, accelerate
the expansion of established companies, and grow the returns of
institutions via fit-for-purpose solutions. AFKAR is not a conventional
energy services or product manufacturing company, nor is it just an
investment powerhouse. It will establish some unique business models
combining both” says Adnan Ghabris, Chairman of AFKAR.
AFKAR is
taking many notable and novel approaches to age-old problems in energy
and technology, converting the region from a technology importer to a
technology creator.
Although collectively possessing robust
know-how in energy, AFKAR aims to shift the region’s current energy
paradigm, enabling unique applications of technologies and innovations,
as well as unforeseen manufacturing opportunities.
“We will promote the creation of fit-for-purpose regional intellectual property,” says Maen Razouqi, AFKAR Executive Director.
Raja
Al Mazrouei, a leader in FinTech and one of the directors of AFKAR
says, “Innovation in the energy sector is a prominent opportunity in the
MENA region; AFKAR will play a major role in enabling the
transformation of this sector and identifying ventures that will unlock
the full potential of our region.”
To read more about the team and AFKAR, please visit www.afkarventures.com and email afkar@afkarventures.com with any questions.
Contacts
Zied Ben Hamad
afkar@afkarventures.com
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