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17 September 04:15 PM
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Social Development Bank records SAR 6.5bn financing since start of 2025

Riyadh - Mubasher: The Social Development Bank (SDB) delivered SAR 6.50 billion in total financing since the beginning of 2025, benefiting over 90,000 citizens and enterprises across the Kingdom. Freelancers and family businesses received SAR 2.50 …
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Riyadh-based Spare raises $5m pre-Series A funding to fuel expansion in GCC
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Sipchem’s CEO resigns; Al Rushoud takes over
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Oumla secures $2.4m funding round to expand regional business
Firas Alhamdan and Faisal bin Dukhail, Founders of LDUN
Saudi fintech startup LDUN closes $4.8m funding round
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Space42, Viasat to launch Equatys JV for global D2D 5G service
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Social Development Bank records SAR 6.5bn financing since start of 2025 Financial Results
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Riyadh-based Spare raises $5m pre-Series A funding to fuel expansion in GCC Global Economy
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Photo Archive
Sipchem’s CEO resigns; Al Rushoud takes over Board of Directors
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Photo Gallery
Oumla secures $2.4m funding round to expand regional business Global Economy
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Firas Alhamdan and Faisal bin Dukhail, Founders of LDUN
Saudi fintech startup LDUN closes $4.8m funding round Companies Investments
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Space42, Viasat to launch Equatys JV for global D2D 5G service Companies Investments
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Cenomi Retail inks SAR 2.9bn facility deals with Al Futtaim Retail, Emirates NBD Companies Investments
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Al Majdiah inks SAR 454m contracts for residential projects Companies Investments
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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 Banking and Finance
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Saud Altassan, CEO at EFG Hermes KSA
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Wang Hu, the President and Co-Founder of PayerMax
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JANE delegation with NTG's Chairman Al Ballaa
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Khalid Al Rumaihi, Chairman of Alba
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Kafaa Capital’s founder announces new financing channels at Seamless KSA 2024 – Interview Event
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Madkhol unveils new investment products at Seamless Saudi Arabia 2024 – Interview Event
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Awfar deploys AI tools to improve customer experience – CEO in interview at Seamless KSA 2024 Event
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Islamic Finance
Lumena by OMNIYAT
OMNIYAT raises $900m through Sukuk financing Companies Investments
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Al Rajhi Bank to issue USD Tier 2 social Sukuk Bonds
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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 Banking and Finance
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Alnima Bank intends to issue dollar-denominated offering Sukuk and Islamic 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 Sukuk and Islamic Finance
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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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Social Development Bank records SAR 6.5bn financing since start of 2025 Banking and Finance
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Riyadh-based Spare raises $5m pre-Series A funding to fuel expansion in GCC Global Economy
Photo Archive
Sipchem’s CEO resigns; Al Rushoud takes over Board of Directors
Photo Gallery
Oumla secures $2.4m funding round to expand regional business Global Economy
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 Companies Investments
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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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International Markets
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