#Funds

Tunisia in talks with UAE, Saudi Arabia for funds, official says

Tunisia is battling long-running economic troubles and has been mired in fresh political upheaval since late-July

Saudi British Bank makes kingdom’s first green deposit to finance sustainable initiatives

The funds were deposited with HSBC in the UAE

Saudi’s Mabaat secures SAR9m in seed funding round

Funds will be used to market and enhance the platform

Saudi Arabia to form entity with $29bn in equity holdings

The funds hold significant stakes in Saudi Arabian firms

Jail time, fines for illegally raising funds in the UAE

The Public Prosecution has called on those who wish to help the needy during Ramadan to follow legal channels

Dubai cybersecurity firm spiderSilk closes $2.25m funding round

Proceeds will be used to expand the firm’s geographic footprint across the MENA region

UAE’s Fruitful Day raises over Dhs3m to fund expansion

The company will use the funds for horizontal and vertical expansion