Gemcorp closes first Saudi Shariah financing deal
Arabian Post Staff -Dubai Gemcorp Capital has completed a $20 million Shariah-compliant structured financing in Saudi Arabia, marking the emerging-markets asset manager’s first direct lending transaction in the kingdom. The financing has been extended to SILQ, a Saudi financial technology platform that provides procurement, payment and funding services to small and medium-sized enterprises. The transaction gives Gemcorp an initial foothold in a market where growing companies often […]



