Riyadh – Exclusive Sharikat Mubasher: Fahd Al-Hamoud, Corporate Finance Officer at Rakeez Capital, revealed that Rakeez Capital plans to add financing activities to tourism, logistics, and real estate companies.
Al-Hamoud said that the company currently provides financing services to airlines and pharmaceutical companies, and seeks to work in new areas as part of expansion and growth plans in the Kingdom.
In an interview held on the sidelines of Biban 2024, Al-Hamoud added that the company participated in the forum’s activities to have the opportunity to introduce itself to visitors and participants in the gathering that includes companies, investors, and supporting entities side by side.
It is worth mentioning that Rakeez Capital is a Saudi financing platform that provides financing through issuing debt instruments and seeks to facilitate investment and simplify financing operations. It also seeks to create an effective role in contributing to enhancing the results of the local economy and working to enhance the concepts of saving and investment in line with the Kingdom of Saudi Arabia’s Vision 2030.
Biban 2024, organized by the Small and Medium Enterprises General Authority (Monsha’at), takes place in Riyadh from 5 to 9 November, with the participation of more than 1,350 local and international exhibitors, over 250 speakers, and more than 150 enablement entities from around the world.
It targets creating a stimulating environment, raising administrative, financial, and technical competencies, and motivating the owners of ideas to launch their projects by allowing them to meet with local and global experts and share knowledge with key decision-makers and investors.
