AFKAR Ventures, a MENA-based prime mover in energy tech, brings together a team of the regions heads in energy, engineering, fintech, and management. The establishing team consists of six globally qualified members looking to seed startups as well as invest in organised companies in energy and technology.

With a clear and focused vision, AFKAR aims to help develop a sustainable and independent future for the MENA regions energy tech sector. With a confirmed track record in innovation and more than a century of total participation in energy and technology, the originating team is made up of:

AdnanGhabris(Chairman)
MaenRazouqi(ExecutiveDirector)
ZiedBen Hamad (ExecutiveDirector)
GhassanMirdad(Director)
Raja AlMazrouei(Director)
Mazin AlLamki(Director)

AFKAR Ventures three centralpillarsare toplant and scalestartups,stimulatethe development of authorised
companies, andgrow the interestsof institutions via fit-for-purpose solutions.AFKAR is not a typical
energy services or product manufacturing company, nor is it just an advance powerhouse. It will ascertain
some unique trading models connecting both says AdnanGhabris, Chairman of AFKAR.

AFKAR is taking many important and innovative ways to age-old difficulties in energy and technology, transforming the region from a technology importerto a technologycreator.

Although collectively maintaining robust know-how inenergy, AFKAR aims to shift the regions current energy
paradigm,facilitatingunique credentials of technologies and discoveries, as well as unexpected manufacturing
opportunities.

We will support the production of fit-for-purpose regional intellectual property, saysMaenRazouqi, AFKAR
Executive Director.

Raja AlMazrouei, a leader in FinTech and one of the directors of AFKAR says, Innovation in the service sector is a prominent opportunity in the MENA region; AFKAR will play a major role in facilitating the change of this sector and recognising risks that will unfasten the full potential of our region.