Dubai Startup fund Apr03

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Dubai Startup fund

Takaful Emarat and Riyad Capital launched a $5.3 million global equity investment fund.
Takaful Emarat, the UAE-headquartered Shariah-compliant insurance company, is joining forces with Saudi Arabia’s Riyad Capital to launch a $5.3 million Shariah-compliant global equity investment fund.
The Fund is a global fund and is linked to the performance of selected Shariah-compliant stocks and startups, chosen for their high cash flow and low debt to equity ratio.