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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Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...

Dell Technologies rewrites the rules of storage modernization and performance with Dell PowerStore Elite

Dell Technologies (NYSE: DELL) introduces Dell PowerStore Elite, a...

flydubai, Cyprus Airways announce interline partnership to expand global connectivity

flydubai and Cyprus Airways have announced the launch of...

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

The Abu Dhabi Securities Exchange (ADX) Group announced that...