Innovation & Technology
UAE’s Maalexi Secures $20M Shariah-Compliant Credit Facility to Scale Agri-Fintech Platform
Maalexi, a B2B food and agri platform based in the UAE, has bagged a Shariah-Compliant credit facility of up to $20 million from Amwal Capital Partners, an independent alternative investment firm, to ramp up operations and advance food security in the UAE and Saudi Arabia. The agreement starts with an