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Dubai’s Shuaa Capital acquires majority stake in Souqalmal

Shuaa Capital, a Dubai-based asset management and investment banking platform, has completed a strategic investment in UAE-based fintech, Souqalmal. The investment will allow Souqalmal to execute its growth plan over the next 24 months. Ambareen Musa, founder and CEO of Souqalmal, will continue to lead the business and oversee the…

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