Indonesian Political, Business & Finance News

Middle Eastern Capital Investment Supports AI-Based Financial Technology Research

| | Source: MEDIA_INDONESIA Translated from Indonesian | Investment
Middle Eastern Capital Investment Supports AI-Based Financial Technology Research
Image: MEDIA_INDONESIA

FINANCIAL technology service institution Slickorps Ventures (Cayman) and Middle Eastern investment firm Royal Group Capital have officially entered into a long-term partnership in the field of artificial intelligence-based financial technology, compliance governance, and global market expansion. This was evidenced by the signing of the agreement amid the establishment of Slickorps Ventures’ global headquarters in Cayman, as part of its international expansion effort.

The strategic investment agreement was signed by Slickorps Ventures Cayman Director Oliver St John, representing the group, together with Sheikh Faisal bin Saeed Al Maktoum, Chairman of the Foundation under Royal Group Capital from the United Arab Emirates (UAE).

The investment scale reaches USD 700 million, which will be used specifically to support research and development of artificial intelligence-based financial technology by Slickorps Ventures, construction of compliance systems, and market expansion worldwide.

Slickorps Ventures (Cayman) Director Oliver St John stated that the partnership will focus on the long-term application of artificial intelligence (AI) technology in the financial sector.

Slickorps Ventures will continue to deepen its technological capabilities focusing on artificial intelligence models, quantitative analysis, risk management, and promote stable implementation in real financial scenarios. Royal Group Capital, for its part, will leverage its capital and experience in Middle Eastern and international markets to provide sustained strategic support and resource collaboration.

Oliver stated this is an important step following the company’s successful establishment of its global headquarters in Cayman. “As the company’s business develops in various regional markets, establishing stable working relationships with international capital that has a long-term perspective helps the company maintain consistency in compliance governance, market rhythm, and risk control,” he said on Monday (16 March 2026).

Chief Investment Officer of Royal Group Capital Tariq Al-Fayed emphasised that the technological maturity demonstrated by Slickorps Ventures in artificial intelligence-based finance, its cautious approach to risk, and clear long-term development pathway were important factors in the partnership’s occurrence.

Tariq stated that Royal Group Capital prioritises companies with the ability to develop stably in various market environments over rapid short-term expansion.

According to him, the presence of His Highness Sheikh Faisal bin Saeed Al Maktoum also reflects the investor’s attention to the long-term value of artificial intelligence-based financial infrastructure.

“Both parties agree that amid the development of global financial technology moving increasingly towards a more orderly and rational direction, building a transparent and stable working relationship between technology-based institutions and long-term capital has positive meaning for the development of the industry as a whole,” he said.

He hoped the signing of this partnership would not only further strengthen the foundation of Slickorps Ventures’ collaboration in the field of international financial technology, but also provide important support for the implementation of standardised artificial intelligence-based financial technology in subsequent markets.

“Both parties stated that they will continue with subsequent steps under the agreed cooperation framework, with sustained focus on balancing technological security, compliance governance, and long-term value,” he concluded.

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