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17 September 12:19 PM
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Oumla secures $2.4m funding round to expand regional business

Riyadh – Mubasher: Saudi startup Oumla has raised a $2.40 million seed round led by Core Vision, with participation from Avalanche and angel investors, according to a press release. The funds will be used to expand the company’s team and reinforce …
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Space42, Viasat to launch Equatys JV for global D2D 5G service
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Saudi Hala closes $157m Series B round co-led by PIF’s Sanabil Investments
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Sohar International backs Oman-GCC energy project via $500m financing
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Tamara secures $2.4bn facility at Money 20/20 Middle East conference
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Jamjoom Pharma partners with Bio-Thera to secure Cosentyx biosimilar in MENA
Kuwait Arab Global Commodities
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Volume 362,582,152 Turnover 79,952,566 No. of Trades: 20,365
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Last Update: 12:08 PM
Latest News
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Oumla secures $2.4m funding round to expand regional business Companies Investments
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Space42, Viasat to launch Equatys JV for global D2D 5G service Companies Investments
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Saudi Hala closes $157m Series B round co-led by PIF’s Sanabil Investments Global Economy
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Sohar International backs Oman-GCC energy project via $500m financing Banking and Finance
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Tamara secures $2.4bn facility at Money 20/20 Middle East conference Companies Investments
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Jamjoom Pharma partners with Bio-Thera to secure Cosentyx biosimilar in MENA Companies Investments
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flydubai and TAROM
flydubai grows international network through partnership with TAROM Global Economy
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Visa Middle East
Visa initiates regional product in UAE for high-net-worth individuals Global Economy
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ALEC Holdings
ALEC Holdings plans to float 20% of share capital on DFM; operations focused in GCC Global Economy
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The Arab Energy Fund
Arab Energy Fund announces $600m issuance with competitive pricing Bonds
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Saud Altassan, CEO at EFG Hermes KSA
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Kafaa Capital’s founder announces new financing channels at Seamless KSA 2024 – Interview Event
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Islamic Finance
Lumena by OMNIYAT
OMNIYAT raises $900m through Sukuk financing Real estate
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Al Rajhi Bank to issue USD Tier 2 social Sukuk Banking and Finance
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Knowledge Economic City obtains SAR 305m Islamic financing from Riyad Bank Banking and Finance
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WSM to issue SAR 500m Sukuk program Banking and Finance
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SAB plans to offer USD-denominated Tier 2 green notes Sukuk and Islamic Finance
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Alnima Bank intends to issue dollar-denominated offering Banking and Finance
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Banque Saudi Fransi to issue USD-denominated Tier 2 notes Companies Investments
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Binghatti prices $500m benchmark Sukuk under $1.5bn program Companies Investments
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ADIB allocates AED 17.3bn for sustainable finance in 2024 Banking and Finance
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SAB intends to issue SAR-denominated Tier 1 Sukuk Sukuk and Islamic Finance
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Arab Markets
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Oumla secures $2.4m funding round to expand regional business Companies Investments
Firas Alhamdan and Faisal bin Dukhail, Founders of LDUN
Saudi fintech startup LDUN closes $4.8m funding round Companies Investments
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DP World Egypt, Elsewedy Industrial Development create $29m cold storage facility Companies Investments
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Aman Holding, partners launch EGP 5bn vehicle financing initiative with Nissan Egypt Companies Investments
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Space42, Viasat to launch Equatys JV for global D2D 5G service Global Economy
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Cenomi Retail inks SAR 2.9bn facility deals with Al Futtaim Retail, Emirates NBD Banking and Finance
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Aldar sells out Al Deem townhomes with AED 1.8bn sales Companies Investments
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Al Majdiah inks SAR 454m contracts for residential projects Real estate
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SHL Finance extends SAR 2.1bn facility agreements with ANB, Bank Albilad Banking and Finance
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Saudi Hala closes $157m Series B round co-led by PIF’s Sanabil Investments Companies Investments
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International Markets
Tesla jumps, Wall St would rise after Trump statement
S&P 500, Nasdaq rises; Dow falls before Good Friday holiday
Wall St falls on Wednesday with chipmakers leading declines
Tech stocks boost Wall St after certain tariff relief
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