Accenture and Global Ventures Establish Partnership


Accenture (NYSE: ACN) and Global Ventures, an Abu Dhabi, UAE-based venture capital firm, announced a strategic partnership.

The two companies have identified three areas of collaboration to create long-term value within the regional innovation ecosystem. These include working closely together to develop thought leadership and research and uncovering insights and trends in industries where innovation drives disruption and opportunities.

Accenture will also bridge its existing clients, spanning fields including cloud and security, with Global Ventures’ portfolio of companies to address pressing business challenges.

The new partnership will provide Global Ventures portfolio companies with access to Accenture’s international network and expertise in facilitating innovative solutions. Accenture’s clients will benefit from the companies within the Global Ventures portfolio and utilize emerging technologies.

Led by Noor Sweid and Basil Moftah, General Partners, Global Ventures is a UAE-based venture capital firm, investing in founders and ideas scaling across emerging markets. The firm’s portfolio companies include Arrow Labs, Buseet, Elmenus, Flora Now, Helium Health, Holiday Me, Kitopi, Lean, Mamo Pay, Mumzworld, Much:on, Ogram, Paymob, Spider Silk, Tabby, Tribal and Zension.