Monsha’at secures additional SAR 10.7 bn in SME financing at Biban24
Some 36 startups landed angel investments at the event’s Investor Ring platform
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Some 36 startups landed angel investments at the event’s Investor Ring platform
The firm is also looking to raise SAR 18 bn from local banks by year’s end
The agreements include a SAR 3 bn SME financing portfolio with Riyad Bank
The planned bond issuance is aimed at raising capital for the company’s upcoming projects
The IMF revised its growth forecast for the region downward to 2.1% this year, and 4% in 2025
The funds are earmarked for aircraft purchases and working capital requirements
The four agreements span developments in the GCC, Morocco, Uzbekistan, and China
The sale is one of the largest ever for a public company
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