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UAE-based Pure Harvest Smart Farms raises $60m in new funding round


UAE-based Pure Harvest Smart Farms raises $60m in new funding round
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Shuaa Capital led a $50m structured sukuk for Pure Harvest co-investing with Franklin Templeton and Sancta Capital
UAE-based agritech company Pure Harvest Smart Farms has raised $60m as part of a new funding round.
Shuaa Capital led a $50m structured sukuk for Pure Harvest co-investing with Franklin Templeton and Sancta Capital, among others, in Pure Harvest through its managed funds as part of this funding round.
Pure Harvest also raised $10m in growth equity. ....

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Arab Music Streamer Anghami Strengthens Its Position In Battle Against Spotify


Arab Music Streamer Anghami Strengthens Its Position In Battle Against Spotify
Billboard
3/5/2021
Burj Khalifa in downtown Dubai.
The Arab music industry has long been plagued by rampant music piracy, but that has not stopped music streaming platforms from aggressively moving into the region over the past few years.
Now the region’s largest local player, Anghami, is making moves to solidify its position as a top destination for music listeners in the Middle East and North Africa.
The Abu Dhabi-based company became the first Arab tech company to list on the Nasdaq on Wednesday after agreeing to merge with publicly listed Vistas Media Acquisition Company. ....

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