Forsa, an exclusive investment fund for women investors and entrepreneurs, was launched by Dubai World at a ceremony this week, created with a vision of attracting female investors, partnering with female entrepreneurs and developing woman business leaders.
“The women-only exclusive investment fund will utilise the expertise and global perspective of world-class managers to ensure superior returns and successful long-term growth for all participants,” said Sultan Ahmed bin Sulayem, Chairman, Dubai World.
Forsa will focus on women with and investment capacity to build an AED 1 bln (USD 3.67 bln) fund guided by a world-class investment management team to deliver superior results. The company has already obtained a commitment of AED 100 mln (USD 367 mln) towards its goal.
Forsa will also create a series of funds focused on a variety of sectors including real estate, retail, education, health and technology, and is expected to generate exclusive investment opportunities through its sheer size and partnerships with other Dubai World companies.
“I call on young entrepreneurs to benefit from Forsa, whose very name means ‘
Forsa’s second focus is on women entrepreneurs. To cater to the new genre of active businesswomen, Its unique model will focus on profitable and scalable prepackaged franchise ideas that will deliver superior returns. Forsa will offer entrepreneurs its management expertise, its support on business processes and organization development and will participate in equity partnerships.
Women currently comprise 50% of college students across the country and represent the UAE at regional and international events. Figures indicate that there are presently around 4,100 businesswomen based in
“By forming equity relationships with promising startups, Forsa will ensure optimal returns for investors as well as business owners. Our goal here is to provide every woman who has the capability, the skill set, the desire and the commitment to run and grow her own business the means to be able to do so,” said Shamsa Noor Ali Rashid, CEO of Forsa.
Forsa’s third pillar is the development of women business leaders. To address the need for strong management expertise and leadership skills in improving investment returns, it will nurture female leaders through strong partnerships with regional and international corporations and world-class business schools
“Forsa has aligned itself with two of the best business schools – INSEAD in Europe, and Wharton School of Business in the
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