Terms of Use.

Terms of Use – Thank you for your interest in our website at www.shorooq.com (the “Website”). Your use of this Website, including the content, materials and information available on or through this Website (together, the “Materials”), is governed by these Terms of Use (these “Terms”). By using this Website, you acknowledge that you have read and agree to these Terms.

Who We Are – This Website is maintained and operated by Shorooq Partners, a group of companies which consists of Shorooq Investments Sole Ownership Proprietary LLC and Shorooq Partners Ltd which is regulated by the ADGM Financial Services Regulatory Authority FSRA Registration No 190004 and is acting as Fund Manager of Bedaya Fund I (“Shorooq”).

Materials – All materials are provided “as is”, may not be relied upon for any purpose, and are not subject to express or implied warranties of any kind (the “Materials”). In particular, we make no representations or warranties with regard to the Materials’ accuracy, adequacy, validity, reliability, completeness, non-infringement or fitness for a particular purpose. You should be aware that a significant portion of the Materials include or consist of information that has been provided by third parties and has not been validated or verified by us. Information regarding our portfolio companies has been provided in good faith but Shorooq Partners has not independently verified the accuracy of these details and your reliance on any such Materials is solely at your own risk. In connection with our investment activities, we often become subject to a variety of confidentiality obligations to funds, investors, portfolio companies and other third parties. Any statements we make may be affected by those confidentiality obligations, with the result that we may be prohibited from making full disclosures. Without limitation on the effect of other warnings and disclaimers set forth in these Terms, you should interpret any statements we make (on this Website or otherwise) in that context.

Please ensure that your own computer security is comprehensive and up to date. We accept no responsibility for viruses, malware or other malicious or damaging software contained in the Materials or otherwise.

Third-Party Sites – We accept no responsibility for third-party sites available through this Website, via hyperlink or otherwise. You are encouraged to review the terms of use applicable to those sites. Any access to, or use of, a third-party site is solely at your own risk.

No Offer, Solicitation or Advice – Nothing on this Website is intended to constitute (i) an offer, or solicitation of an offer, to purchase or sell any security, other asset or service, (ii) investment advice or an offer to provide such advice, or (iii) a basis for making any investment decision. Except as expressly stated by an entity of the Shorooq Partners group in writing, neither this Website nor any of the Materials make any effort to present a comprehensive or balanced description of Shorooq Partners or its activities. Any portfolio company described on this Website may not be representative of all investments made by any fund managed by Shorooq Partners Ltd, a fund manager licensed by the Abu Dhabi Global Market, or any investment in a portfolio company made by an affiliate of Shorooq Partners, and is intended to be illustrative of the types of investments that may be made by any such fund or affiliate of Shorooq Partners.

Disclaimer – This website is for informational purposes only. Nothing contained in this website constitutes investment, legal or tax advice. Neither the information, nor any opinion contained in this website constitutes a solicitation or offer by Shorooq Partners to buy or sell any securities or other financial instruments or products. Decisions based on information contained on this website are the sole responsibility of the visitor. No guarantee, representation, undertaking, warranty, advice or opinion, express or implied, is given by Shorooq Partners or any respective directors, officers, partners, shareholders or members or employees or agents of a Shorooq Partners group entity as to the accuracy, authenticity or completeness of the information or opinions contained on this website, and no liability is accepted by such persons for the accuracy, authenticity or completeness of any such information or opinions. Furthermore, any opinions are subject to change and may be superseded without notice.

Restrictions on Use; No License – We reserve all rights with respect to the design and content of this Website. In particular, you must not misappropriate the design or content of this Website and you must not alter or deface such design or content in any way. Nothing on this Website grants any license with respect to such design or content, except that you may download and use Materials solely for your own personal information.

Ownership of Intellectual Property – All text, photos, graphics, logos, content and other Materials on this Website are protected by United Arab Emirates, Abu Dhabi Global Market and foreign intellectual property, copyright, trademark and other applicable laws. In particular, all trademarks, trade names and logos displayed on this Website are proprietary to Shorooq Partners, or its respective owners, and this Website grants no license to them.

Submitting a Business Plan or Other Confidential Information – Due to the large number of business plan ideas and related materials that we review, and the similarity of many such plans and materials, we cannot accept responsibility for protecting against misuse or disclosure any confidential or proprietary information or other materials in the absence of our express written agreement to do so. Any plans, information and other materials you submit in connection with this Website may be used or disclosed by us for any purpose and in any manner, as we determine in our sole discretion. Please consider this carefully before sending us any information or other materials that you deem confidential or proprietary.

Privacy Policy – We reserve the right to track visitors to, and usage of, this Website through “cookies” and similar techniques and to use any resulting information as we determine in our sole discretion. For more information please consider our Privacy Policy.

Limitation of Liability – Except as specifically agreed by Shorooq Partners in writing, no Shorooq Partners individual or entity shall have any liability based upon your use of, or reliance upon this Website. Some jurisdictions limit our ability to disclaim liability. With regard to those jurisdictions, our liability shall be limited to the greatest extent permitted by applicable law.

Modification of these Terms – We reserve the right to modify these Terms at any time. Please check these Terms periodically for changes. Your continued use of this Website after the posting of changes constitutes your binding acceptance of such changes.

Miscellaneous – This Website is operated and controlled in the United Arab Emirates. If it is illegal or prohibited in your country of origin to access or use this Website, then you should not do so. Those who choose to access this Website outside the United Arab Emirates access it on their own initiative and are responsible for compliance with all local laws and regulations. These Terms, and any disputes relating to these Terms or your use of this Website or the Materials, shall be governed in all respects by the laws of the Abu Dhabi Global Market, without regard to conflicts of laws principles. Except as otherwise agreed in writing by the applicable Shorooq Partners entities, any disputes relating to these Terms shall be resolved exclusively in the courts located in Abu Dhabi Global Market. These Terms set forth the entire agreement between you and us with respect to the subject matter hereof and supersede all prior agreements relating to such subject matter. All Shorooq Partners individuals and entities are intended third-party beneficiaries of these Terms. Our rights under these Terms may be waived by us only in writing. These Terms are binding on you as well as your successors and permitted assigns. In the event any provision of these Terms is determined to be invalid or unenforceable, such provision shall be deemed severed from the remainder of these Terms and replaced with a valid and enforceable provision as similar in intent as reasonably possible to the provision so severed, and shall not cause the invalidity or unenforceability of the remainder of these Terms.

Contact Information – Any questions, concerns or complaints regarding these Terms should be sent to admin@shorooq.ae

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