has no one seen this AYACORP B.S.C. (c) ("SAYACORP"), headquartered in the Kingdom of Bahrain, assisted by SAYACORP CAPITAL LTD ("SAYACORP CAPITAL"), its wholly owned subsidiary based in the Dubai International Financial Centre (DIFC), has successfully led and completed an oversubscribed funding round. SAYACORP's shareholders are mainly Sovereign Wealth Funds, leading institutions and family offices from the Gulf Cooperation Council (GCC) and the Middle East and North Africa (MENA) region, and its portfolio includes investments in food manufacturing, healthcare, pharmaceuticals, energy, commercial property and aviation industries.
SAYACORP CAPITAL's CEO, Mohamed Idriss commented "This is a very exciting moment for SAYACORP, as it demonstrates the group's vision of backing technology companies in massive growing markets at a stage when the most value can be realized. Cognetivity has an incredible technology platform that will have a great positive impact both commercially and socially, and as demonstrated by their early commercial success including in the Middle East, is truly globally scalable." He added "By directly backing and supporting the ongoing growth of companies like Cognetivity, the group aims to be proactive with its investments; both in delivering significant returns and making a positive impact on people's lives. This transaction is in line with the group's investment strategy, to work with undervalued firms which demonstrate potential and help them to become successful."