Supply@ME Capital PLC - London-based inventory monetisation services - Signs agreement with Middle East investment company iMass for first Supply@ME pilot in the region. The programme involves a number of Abu Dhabi-based manufacturing companies and a number of regional investment funds, which will include sharia compliant investment structures, by the end of the first quarter of 2021. "The results of the joint analysis were very positive, and we hope that the initial pilot scheme, by the end of the first quarter of 2021, will bring favourable results. The United Arab Emirates has a proven track record of investing in fintech initiatives to support the real economy, and we are very pleased to be part of that trend," said Supply@ME Chief Executive Alessandro Zamboni.
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By Evelina Grecenko; evelinagrecenko@alliancenews.com
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Supply@me Cap (SYME)