Saudi Edition 
Egypt Edition 
UAE Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
Share
It’s a wrap: Biban Forum 2025 concluded yesterday, totaling over SAR 38 bn in agreements and MoUs for SME financing across its run which kicked off on Wednesday.
(** Tap or click the headline above to read this story with all of the links to our background and outside sources.)
Biban’s third day saw Monsha’at ink 11 MoUs, along with bagging over SAR 7.6 bn from 7 financing portfolios, state news agency SPA reported on Friday. The agreements included SAR 4 bn collaboration with Tarmeez Capital, SAR 3 bn agreement with Al Tayseer Arabian Company, and a SAR 600 mn contract with Alpha Arabia Finance Company.
The fourth and last day saw SAR 8.1 bn in agreements signed, including an SAR 6 bn financing portfolio with Lendo, a SAR 1.2 bn financing portfolio with Tamweel Al Oula, and a SAR 500 mn agreement with Taajeer Finance, according to several posts on X.
ALSO- The Sulaiman Al Rajhi Finance and Development Foundation partnered with the General Authority for Awqaf to provide productive families with financing loans ranging between SAR 60-200k based on project size and industry. Meanwhile, Saudi Finance Company launched a tax return financing initiative with up to SAR 750k to support MSMEs via expedited digital procedures to alleviate financial burdens.
A total of 43 fintech startups received financing during the last three days, as the Investors Arena saw 33 proposals valued at SAR 6.6 mn to be invested in 22 fintech startups on Thursday, investment proposals of SAR 3.8 mn funneled into eight companies on Friday, and 37 proposals valued at SAR 7.4 mn directed to 13 startups on Friday.
On Thursday, Monsha’at signed a total of 21 MoUs and agreements with international and local entities, as well as launching five SMEs financing initiatives, state news agency SPA reported. The local entities include Alwaleed Philanthropies Foundation, Al Ahsa Development Authority, Saudi Tourism Authority, the National Center for Monitoring and Inspection, Elm Company, STC Group, the Municipalities and Housing Ministry, and Industry and Mineral Resources Ministry. Meanwhile, international partners included X, TikTok, PayPal, the GCC Board Directors Institute, Carve Startup Labs, Nest Accelerator, Kaspersky, and Gedia.
