Ibtikar Fund, a venture capital firm focused on backing Palestinian entrepreneurs, has announced its operational expansion into the GCC with a new on-the-ground presence in the UAE. The move signals a strategic push to create a stronger bridge between the Palestinian startup ecosystem and the region’s largest markets.
Quick Facts
- On-the-ground presence now in Palestine and the GCC.
- Co-Managing Partner Ambar Amleh is now based in UAE.
- Supports portfolio companies expanding into core MENA markets.
A Strategic Move to Support Portfolio Growth
The expansion is anchored by the relocation of Co-Managing Partner, Ambar Amleh, to the UAE. According to the firm, the move is a direct response to the growth trajectory of its portfolio companies, the majority of which view the GCC as their primary corridor for scaling their operations.
Ibtikar’s leadership believes that a permanent physical presence is critical for moving beyond episodic engagement. By being based in the UAE, the fund aims to be directly involved in the key conversations, introductions, and relationship-building activities that are essential for its founders’ success in the competitive Gulf market.
Deepening Ecosystem Connections
With several of its founders already operating in the GCC, Ibtikar’s new base will provide direct, consistent support. The fund has also extended an open invitation to connect with key players across the regional ecosystem.
This includes founders who are expanding into the Gulf, as well as family offices and institutional investors exploring opportunities in MENA’s technology sector. The firm is actively seeking to build relationships and highlight the innovative solutions being developed by Palestinian entrepreneurs.
About Ibtikar Fund
Founded in 2015, Ibtikar Fund is a venture capital firm that invests in Palestinian entrepreneurs from within Palestine and across the broader MENA region. The fund partners with high-potential founders, supporting them as they scale their technology companies throughout MENA and beyond.
Source: LinkedIn
