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UIHC to set up new fintech company
PLUS: Acwa’s 1.1 GW wind farm in Egypt gets gov’t clearance
FinMin approves SAR 139 bn public borrowing plan for 2025
FinMin looks to tap fresh local and foreign lenders in FY 2025
Retail sukuk program Sah subscription closes tomorrow
Good morning, friends. It’s shaping up to be one of those quieter Monday mornings here in the Kingdom, with just…
FinMin arranges USD 2.5 bn revolving credit facility to support fiscal needs
The three-year facility saw participation from three unnamed financial institutions
Corporate debt soars to record highs in 2024 amid investor appetite and favorable spreads
Investment-grade companies issued USD 1.66 tn in debt this year
Bank AlJazira kicks off tier 1 sukuk issuance
The notes have no fixed maturity date
Edtech startup Ynmo closes USD 5 mn round led by Wa’ed Ventures
The startup is looking to introduce new features to improve its educational and rehabilitative support for children with disabilities
FinMin closes SAR 11.6 bn in December sukuk issuance
The issuance was structured in five tranches
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