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IsDB taps sukuk market for second issuance this year
The issuance is part of the bank’s USD 25 bn Trust Certificate Issuance Program
SNB closes its biggest USD-denominated debt issuance
Orders exceeded USD 4 bn
Riyadh Air picks Rolls-Royce engines to go with Airbus order
AND- Saudi and Panama to cooperate on air transport regs
Fintech platform Octa to deploy USD 20 mn for embedded SME lending in Saudi
The financing will be available to qualifying SMEs on the platform starting in the 3Q 2025
Korea’s Kexim backs Masdar-led Saudi solar project with USD 255 mn loan
The plant is due to go online in 2027
Saudi Electricity is reportedly planning to secure USD 1 bn loan to finance new projects
The loan will pay an interest margin of about 85 basis points above the SOFR
SNB to issue USD-denominated tier 2 capital debt instruments
The issuance would come as part of its EUR medium-term note program
Acwa Power’s SAR 7 bn rights issue is pending shareholder approval. PLUS: D360 Bank approves SAR 450 mn capital increase
The move is part of the company’s strategy to triple its AUM by 2030
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