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23 September 05:47 PM
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Saudi fintech erad raises $33m debt round at Money 20/20 Middle East conference

Riyadh - Mubasher: Saudi fintech erad has closed $33 million in debt financing, led by India’s Stride Ventures with participation from other investors, during the Money 20/20 Middle East conference in Riyadh. The round aims to expand erad’s …
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Prices of investment funds including certificates in EGP, USD
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Premium Healthcare unveils EGP 1.5bn regional expansion plans
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Arada enters UK market via acquisition of 75% stake in Regal
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World Bank inaugurates regional office in Riyadh
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Orascom Construction, OCI Global eye merger to establish global infrastructure, investment platform
Tunisia Arab Global Commodities
PX1
12,419.39 0.36% 44.08
Volume 647,892 Turnover 4,624,547 No. of Trades: 2,038
35 Down 17 Flat 21 Up
No. of Traded Stocks : 73
Last Update: 02:15 PM
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Saudi fintech erad raises $33m debt round at Money 20/20 Middle East conference Companies Investments
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Prices of investment funds including certificates in EGP, USD Banking and Finance
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Premium Healthcare unveils EGP 1.5bn regional expansion plans Companies Investments
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Arada enters UK market via acquisition of 75% stake in Regal Companies Investments
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World Bank inaugurates regional office in Riyadh Banking and Finance
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Orascom Construction, OCI Global eye merger to establish global infrastructure, investment platform Companies Investments
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Rami Suliman and Ahmed Banafa, Founders of Bynow
Merak Capital invests $1.2m in Bynow to foster regional expansion Global Economy
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Saudi P2P lending platform MoneyMoon secures $2.9m pre-series A round Global Economy
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Najm, Elm forge partnership at Money20/20 Middle East conference Event
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Valu, MobileMasr launch Egypt’s 1st P2P BNPL solution Banking and Finance
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Saud Altassan, CEO at EFG Hermes KSA
EFG Hermes KSA to lead major IPOs, deals in 2025 – Interview at CMF2025 Initial Public Offerings
Wang Hu, the President and Co-Founder of PayerMax
Saudi Arabia stood out as ideal choice for PayerMax’s regional HQ – Interview with Wang Hu Global Economy
JANE delegation with NTG's Chairman Al Ballaa
JANE delegation, NTG's Chairman Al Ballaa discuss investments in Saudi Arabia Global Economy
Ali Al Baqali, the CEO of Alba
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Ballurh reshapes future F&B retail sector – Founder in interview at Biban24 Event
Noor bint Ali Alkhulaif, Bahrain’s Minister of Sustainable Development, during Interview with Mubasher
Alkhulaif says Bahrain is on track to Zero Neutrality by 2060, unveils EDB expected investments – Interview Macroeconomics
Khalid Al Rumaihi, Chairman of Alba
Alba’s Chairman lauds Saudi capabilities in manufacturing, gives remarks at Gateway Gulf Companies Investments
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Kafaa Capital’s founder announces new financing channels at Seamless KSA 2024 – Interview Global Economy
Saad bin Atyan, Founder of Madkhol, at Seamless KSA 2024
Madkhol unveils new investment products at Seamless Saudi Arabia 2024 – Interview Company News
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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
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Emirates Islamic offers world's 1st sustainability-linked financing Sukuk of $500m Banking and 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 Sukuk and Islamic 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 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 Sukuk and Islamic Finance
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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 Companies Investments
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Arab Markets
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Saudi fintech erad raises $33m debt round at Money 20/20 Middle East conference Companies Investments
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SOL Properties launches AED 2.2bn mixed-use tower Companies Investments
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ALEC Holding unveils price range for IPO on DFM, dividends Initial Public Offerings
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DIEZ trade hits AED 336bn in 2024 Macroeconomics
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Sumou Real Estate inks development agreement for Anara project Companies Investments
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Elm extends SAR 500m loan from Al Rajhi Bank Companies Investments
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Prices of investment funds including certificates in EGP, USD Mutual Funds
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Premium Healthcare unveils EGP 1.5bn regional expansion plans Companies Investments
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Enma Al Rawabi rebrands as Inmar Companies Investments
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Alujain Corporation to pay SAR 52m dividends for Q3-25 Cash Dividends
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International Markets
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