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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
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
SNB raises SAR 1.73 bn in AT1 sukuk sale
The sukuk carry a 6% annual return until June 2030
Aramco, Nigeria struggle to finalize USD 5 bn loan due to oil volatility
The decline in crude oil prices has sparked concerns among banks
Aramco to issue more sukuk this year
The upcoming issuances comes on the heels of a 5 USD bn bond sale last week
The CMA issues guidelines for sustainable debt issuances
The framework outlines specific guidelines for Green, Social, Sustainability, and Sustainability-Linked debt
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