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Saudi Arabia

Howden, Allianz Trade, and Saudi EXIM join forces to...

Howden, Allianz Trade, and Saudi EXIM Bank have signed an Initial Framework Agreement to boost Saudi Arabia's economic growth and facilitate international trade. The agreement, signed at Howden’s London office on May 29th, will provide non-payment insurance for international exporters...

#Allianz Trade

ABHI partners with Alraedah Digital Solutions to revolutionise financial...

Alraedah Digital Solutions, a leading technology company, is announcing a strategic partnership with ABHI, a fintech specialising in invoice factoring and…

#digital#digital transformation#financial services


ITFC and Saudi EXIM sign US$25m for Bank Al Habib...

The International Islamic Trade Finance Corporation (ITFC) and the Saudi Export-Import Bank (Saudi EXIM Bank) have signed a US$25m line of…

#Exim Bank#export finance#International Islamic Trade Finance Corporation


Qarar and Biz2X partner to launch first cloud based...

Qarar, a wholly owned subsidiary of SIMAH and the Middle East’s prominent data analytics and credit decisioning company, and Biz2X,…

#Biz2X#SME lending


SME Bank Saudi Arabia allocates SAR 10bn to support...

The SME Bank, in partnership with a number of financing and investment agencies from Saudi Arabia, has allocated during the…

#SME bank


FAB signs first supply chain finance programme in Saudi...

Alfanar has become the first local client in Kingdom of Saudi Arabia to benefit from... (more…)

#First Abu Dhabi Bank#supply chain finance


Goldman Sachs provides US$150m BNPL securitisation in Saudi Arabia

Saudi Arabian buy now, pay later (BNPL) provider Nakhla for Information Technology Systems LLC (Tamara) has landed a US$150m warehouse…

#BNPL#Goldman Sachs#receivables securitisation


Saudi SME bank allocates US$2.8bn for SME financing

Saudi Arabia’s Small and Medium Enterprises Bank (SME Bank), a development bank under the National Development Fund, announced the allocation…

#SME bank


UAE and Saudi Arabia spearhead Middle East fintech sector

According to Arab News this week, ‘the year of the fintech is just getting started.’ Arab News, based in Riyadh,…

#supply chain finance


Banque Saudi Fransi signs partnership with SCF fintech

Banque Saudi Fransi and fintech Lamaa have signed a... (more…)

#supply chain finance


Coface and Al Rajhi Takaful enter a strategic partnership...

Coface, a global leader in trade credit insurance and adjacent specialty services, and... (more…)

#trade credit insurance


Saudi Arabia started mandatory e-invoicing first phase

Saudi Arabia has started implementing the mandatory application of the first phase of e-invoicing “fatoorah” on Saturday Dec. 4.In the…

#fatoorah

SCF fintech raises US$5.5m in the largest Saudi Arabian’s...

Invoice finance fintech Lamaa had secured a US$5.5m seed round, the largest one in Saudi Arabia. The round was co-led…

#buy now pay later#invoice#smes

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