Saudi-based fintech erad has raised $22 million from investors including MEVP and SVC to expand its SME financing business. The AI-powered lender says it has deployed more than SAR 500 million ($133 million) in financing, with approvals within 48 hours.
PROPERTY
ICC MENA Managing Director Mohamed Amer will join a panel on contractor excellence at Saudi Mega Projects 2026 in Riyadh on September 29, discussing the capabilities needed to deliver the Kingdom’s next phase of development.
money
UAE retail investor confidence is rising as geopolitical concerns ease, with 82% expecting local stocks to gain over the next year and 71% planning to invest more.
Sharjah Islamic Bank raised US$500 million through a five-year Sukuk, attracting US$1.3 billion in orders—2.6 times the issue size.
lifestyle
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