logo-en
  • Home
  • Companies
  • Investors
  • Opportunities
    • Home
    • SME Loans
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Emkan Alarabiya crowdfunding activities worth SAR 100 mn

Emkan Alarabiya crowdfunding activities worth SAR 100 mn

NOHA.GAD
Sep 5, 2024
Crowdfunding activities of Emkan Alarabiya worth more than SAR 100 million

Riyadh - Exclusive Sharikat Mubasher: The crowdfunding activities of Emkan Alarabiya, a renowned financial company based in Saudi Arabia, are estimated at more than SAR 100 million, according to Moath Alquraishi, Senior Financial Analyst at Emkan Alarabiya.

In an interview with Sharikat Mubasher on the sidelines of 24 Finetch, Alquraishi revealed that the company issued Sukuk worth around SAR 60 million, while the value of Sukuk under settlement amounted to SAR 60 million.

He pointed out that the company concluded collaboration agreements with Mozn and Simah during the 24 Fintech summit, without revealing further details.

Emkan Alarabiya received a license from the Saudi Capital Market Authority (CMA) to provide arranging activities in the securities business and crowdfunding services.

24 Fintech takes place in Riyadh from 3 to 5 September, with the participation of more than 300 exhibitors and over 350 investors. It gathers regulatory bodies, policymakers, investors, technology experts, and industry leaders from around the world.

It serves as a platform for global thought leaders across finance, policy, technology, investment, and academia to discuss several topics, including, fintech regulation and governance, artificial intelligence and machine learning in financial operations, financial inclusion, cybersecurity and big data, embedded finance, and more.

Tags

Saudi Arabia
24 Fintech
Crowdfunding
Sukuk
Share

Attract clients with your ad

Start Now

Trending

Alkhabeer, Fasanara partner to advance fintech credit solutions in Kingdom
MUBASHER
Schneider Electric launches Lauritz Knudsen brand in Saudi Arabia
MUBASHER.SA
Mudad pacts with Khazna to offer ‘Flexible Salary’ product
MUBASHER.SA
Elon Musk’s xAI in talks for data center deal in Saudi Arabia
MUBASHER
UAE’s Ovasave eyes Saudi expansion after $1.2M funding boost
MUBASHER

Related News

Funding News
Calendar Icon
Jul 17, 2025
UAE’s Ovasave eyes Saudi expansion after $1.2M funding boost
Read More
Funding News
Calendar Icon
Jul 16, 2025
Wittify.ai raises $1.5mn pre-seed round to scale Arabic conversational AI
Read More
Funding News
Calendar Icon
Jul 16, 2025
Egypt’s PALM secures pre-seed funding to redefine saving habits
Read More
Funding News
Calendar Icon
Jul 15, 2025
Baraya closes series B round, raises total capital to $124mn
Read More
Funding News
Calendar Icon
Jul 14, 2025
Lucidya raises $30mn series B round to scale its AI Agent offering
Read More
Funding News
Calendar Icon
Jul 14, 2025
Yasmina secures $2mn to expand embedded insurance platform
Read More
Funding News
Calendar Icon
Jul 13, 2025
WaHa secures $8mn series A-1 to scale water tech across GCC
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • Opportunities
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher