UAE’S PURE HARVEST CONSIDERS SECOND SUKUK AS IT LOOKS TO EXPAND TO ASIA
August 30th, 2022
United Arab Emirates (UAE)-based Pure Harvest Smart Farms plans to raise funding through a new sukuk (Islamic bond) to support its food-security driven expansion plans, Tariq Sanad, the company’s chief financial officer, told Salaam Gateway.
The agritech firm’s breakthrough farming system that can produce year-round crops in the desert has attracted a diverse mix of investors since its inception in 2016.
“Our strategy is to grow 365 days a year because that is sustainable and serves the food security mandate. During the pandemic and the recent ...
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