KSA’s financial sector is moving quickly toward data-driven lending. AdalFi’s latest figures highlight why the region is ready. The company has enabled more than $200M in loans through partner banks with defaults steady at 0.2%. Its AI scoring engine has processed 1.2B+ transactions, evaluated 30M+ borrowers and continuously learns from 50K+ monthly repayment outcomes. The […]
AdalFi has reinforced its presence in the Kingdom with two senior hires designed to balance rigorous risk with enterprise-grade delivery. Ian Read joins as Head of Credit Excellence and Emre Unlusoy becomes Head of Sales for MEA. The appointments align with the goals of Vision 2030 as banks in KSA scale digital lending and widen […]
RIYADH, Kingdom of Saudi Arabia: Riyad Capital, the leading Saudi IB Advisor and a leading asset manager within Saudi Arabia and the GCC region, today announced the successful issuance of a SAR 500 million Saudi Riyal denominated sukuk for Sumou Global Investment Company (“Sumou”) a first of its kind for the Saudi Real Estate sector. Sumou […]
Riyadh, Saudi Arabia: The Saudi Real Estate Refinance Company (SRC), a PIF company, has announced the launch of the Kingdom’s first Residential Mortgage-Backed Securities (RMBS). This landmark transaction forms part of SRC’s efforts to develop the capital markets and enhance liquidity in the real estate finance sector by introducing, for the first time in the Saudi […]
Since its establishment in 2021, SNB Capital has successfully closed 100 investment banking transactions exceeding SAR 750 billion (USD 200 billion) in size This achievement reflects deep investor confidence, supportive regulations, and resilience of Saudi Arabia’s capital markets in enabling transformative transactions SNB Capital’s has executed some of the region’s most significant, first of a […]
The new financing product aims to meet the financial needs of the bank’s customers and support individuals by offering quick financing solutions, flexible terms, and simple steps. Riyadh, Saudi Arabia: STC Bank has launched its first financing product, “Smart Finance” a fully electronic, Sharia compliant product, available within minutes and with a maximum limit of SAR […]
The Public Investment Fund also sold its stakes in Alibaba Group, Nu Holdings and FedEx. BANGALORE/DUBAI: Saudi Arabia’s almost $1 trillion sovereign wealth fund sold its stakes in several U.S.-listed companies – including Meta, Shopify and PayPal – in the second quarter, according to securities filings released on Thursday. The Public Investment Fund also sold […]
Riyadh, Saudi Arabia – MoneyDo, a leading Saudi digital real estate investment platform licensed by the Capital Market Authority, has announced the launch of its operations at King Abdullah Financial District (KAFD) — a premier financial center in the Middle East and North Africa, and the leading business and lifestyle hub in Riyadh. As the Kingdom’s […]
Riyadh, Saudi Arabia: Shahbandr, a leading enabler of e-commerce and digital transformation in Saudi Arabia and the Middle East and North Africa, and Tamara, the region’s leading provider of Buy Now, Pay Later (BNPL) solutions, partnered to empower online stores with flexible payment options that help them boost sales and accelerate growth. Through this partnership, Tamara […]
Riyadh, Saudi Arabia — August 8, 2025 — Flooss, a leading digital lending platform, has officially secured its operating license from the Saudi Central Bank (SAMA), marking a significant regulatory milestone in its journey to redefine financial access across the Kingdom and the wider GCC region. The license paves the way for Flooss to expand […]