• Riyadh-headquartered fund listed among 'Top 50 Investors of Direct Investment Funds with Best Performance in 2022' and 'Top 30 Best Rising Star Funds in 2022'
• Recognition follows success in building bridge between China and the MENA region for technology- and expertise-sharing

Jerry Lee, Founding and Managing Partner, eWTP Arabia Capital, said: "With our proprietary insight-led investment strategy, and a strong body of investment performance, we are proud to be included among the most recognizable names and institutions. Our strategy of bridging the experience/need paradigm between China and the MENA is leading to some breakthrough digital and technological partnerships and initiatives. We will continue to invest in our strengths, our goals, and our presence in MENA region, and to target our effort and expertise as the whole MENA moves boldly towards achieving the social and economic pillars of digital transformation through strategic partnerships, investments, and initiatives."

Among the most eagerly-awaited and well-attended events in China's Fund of Funds (FoF) industry, the 2022 edition of the China FoF 50 Forum saw more than 90 per cent of the country's mainstream FoF leaders attending the event, alongside representatives from key investment associations. Senior officials from the State Council, Ministry of Science and Technology, China Securities Regulatory Commission, Ministry of Finance and other governmental agencies were also in attendance in its past forums.

eWTP Arabia Capital is a Saudi Arabia and China based growth stage venture fund manager backed by marquee investors such as eWTP Arabia Capital and the sovereign wealth fund of Saudi Arabia, Public Investment Fund (PIF), and headquartered in Riyadh. eWTP Arabia Capital is focused on building a local digital ecosystem in MENA by partnering with local sovereign wealth funds, local investment groups and market leading Chinese businesses. Most recently, eWTP Arabia capital established SCCC, a joint venture with Alibaba Cloud and STC, to create the largest cloud service center in MENA region. The portfolio company, J&T Express, will establish a US$2bn logistics industrial park to help the development of the logistics industry.

Hashtag: #eWTP

The issuer is solely responsible for the content of this announcement.

References

1. ^{^} Media OutReach (www.media-outreach.com)
2. ^{^} eWTP Arabia Capital (www.ewtparabia.com)