Private debt has overtaken venture capital as the largest source of startup financing in the Gulf Cooperation Council (GCC), with structured credit deployment rising to $4.1bn in 2025, according to a report by Arab News citing data from Stride Ventures.
Stride found that private debt, including venture debt and growth credit, increased more than eightfold from around $500m in 2024. Saudi Arabia accounted for approximately $3.9bn of total deployment, significantly ahead of the UAE with $211m and...
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