Tag: Financing

Saudi Kafalah program boosts SME financing 8% to $3.73bn in Q3

RIYADH: Saudi Arabia’s Small and Medium Enterprises Financing Guarantee Program, known as Kafalah, extended 5,447 assurances, boosting small-business funding by 8 percent year on...

Saudi Arabia’s Social Development Bank grants $1.73bn in financing by Q3 

RIYADH: Saudi Arabia’s Social Development Bank disbursed SR6.5 billion ($1.73 billion) in financing in the first nine months of 2025, benefiting over 90,000 citizens...

Saudi retailer Cenomi Centers explores new financing options to fund further growth

RIYADH: Saudi developer Cenomi Centers is exploring additional financing options to support future growth opportunities that are expected to follow after the opening of its...

World Bank boosts climate financing by 10%

The World Bank announced Thursday that it delivered a record $42.6 billion in climate change financing in the 2024 financial year, up 10 per...

ITFC Signs $100 Million Financing Agreement to Support Businesses in Türkiye

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group, on Tuesday signed a $100 million financing agreement with...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...