GEA Boosts SME Financing in Entertainment to SR100 Million
Saudi Arabia’s General Entertainment Authority (GEA) has boosted financial backing for small and medium enterprises (SMEs) in the entertainment sector ...
Monday, December 15
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Tag: SME financing
SME Financing in Saudi Arabia Grows Significantly in Q4
Riyadh Witnesses a 20.4% Surge in SME Funding to $73.5 BillionAs the last quarter of 2023 came to a close, ...
Saudi Fund for Development Allocates $67M to Oman’s SMEs
The Saudi Fund for Development (SFD) has recently formalized a financial support pact with the Oman Development Bank (ODB), dedicating ...
Funding Souq Expands to Saudi Arabia with SAMA License
Funding Souq, a dynamic platform dedicated to financing small and medium-sized enterprises (SMEs), celebrates securing a coveted license from the ...
SVC’s Strategic $30M Infusion into Olive Rock Partners Fund
The Saudi Venture Capital Company (SVC) has declared a substantial $30 million investment into the Olive Rock Partners Fund I. ...
SVC Injects $30M into Olive Rock Partners’ Private Equity Fund
Saudi Venture Capital (SVC), in a notable move to bolster small and medium-sized enterprises (SMEs), has committed $30 million to ...
Saudi EXIM Bank Boosts SME Export Finance with New Partnership
In a significant move aimed at bolstering small and medium-sized enterprises (SMEs), the Saudi Export-Import Bank (Saudi EXIM Bank) has ...
Surge in Saudi SME Credit: A Boost for Economic Diversification
In Saudi Arabia, the third quarter of 2023 has seen a significant 18 percent year-on-year growth in credit facilities available ...
Tameed Secures $15M for Shariah-Compliant SME Financing
In a significant boost for the business media sector, Tameed, a digital lending platform based in Saudi Arabia, has successfully ...