Wamda ^R&D

Wamda is another of UAE’s major VC fund: Wamda Capital. In addition to their VC fund, they also run their own incubator program, Wamda X, which was founded in 2019 and is based in Dubai.
Wamda X runs for 4 months during which Startups receive $30k in return for 5% equity as well as a potential additional $100k for 10% equity.