10 Hrs
Source:
الاقتصادية
Source: الاقتصادية
10 Hrsالاقتصادية
Source: الاقتصادية
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Goldman Sachs, HSBC and Fortress are partnering with regional fund managers, including Ruya Partners and Amwal Capital Partners, to provide $150 million in financing to United Saudi Company. The deal is among the first major private-credit transactions in the Kingdom since the outbreak of the regional war, and marks Fortress’s first entry into the market. It reflects Saudi Arabia’s growing reliance on private financing amid fiscal pressures and companies’ need for alternative funding sources, particularly small and medium-sized businesses.
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