Thursday, February 22, 2018

Ministry of Telecom launches ICT fund. MIC Ventures will invest in technology and services


The Ministry of Telecommunication (MoT) launched MIC Ventures, a $48 million fund, to invest in and empower the ICT sector and related services startups.

Jamal El Jarrah, Minister of Telecommunications, said that MoT will not only offer financial support, but will provide a free technical laboratory. If more advanced technology is required, MoT will support the access to needed technologies through regional or international institutions. Jarrah said that the financed companies will get as...

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