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The collaboration with the risk management platform comes on the heels of DP World breaking ground at its
new $150 million Agri Terminals facility at Jebel Ali Port in February 2024.
It is also the latest initiative by Maalexi in the UAE, following a strategic credit insurance agreement with the UAE's
Federal export credit company Etihad Credit Insurance (ECI) in April this year to mitigate credit risks faced by SME
buyers and importers.
In January 2024, Maalexi closed a $3 million pre-Series A funding round led by Global Ventures as well as venture
capital (VC) investors Rockstart and Ankurit Capital.

Mubasher Contribution Time: 28-May-2024 07:47 (GMT)
Mubasher Last Update Time: 28-May-2024 07:47 (GMT)

https://www.decypha.com/en/news/details/DP-World-joins-Maalexi-to-boost-food-security-in-
Gulf-countries/21418457