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Friday, October 9, 2026
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Today’s Edition — 6 verified developments across 2 jurisdictions
United Arab Emirates · Legal News

Derayah Plots a Bigger Footprint with a Fresh Wave of Saudi Bank Funding

Derayah Financial has unlocked a hefty 500 million-riyals lifeline, tapping into a sharia-compliant credit facility from Saudi National Bank—fuel poured straight into its plans for a more muscular presence in the brokerage arena.

The funding is set to stretch the platform’s reach, powering up its main operations and widening its product shelf. A key piece of that expansion: rolling out direct margin-lending options that sharpen its appeal to active traders.

To seal the arrangement, Derayah placed a promissory note on the table—its marker of commitment as it gears up for the next chapter of growth.

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