Funding Souq

What moved

1. Funding SouqVenture

   Funding Souq secures a strategic investment from Foodics

   InvestorsFoodics

   The amount is not disclosed. What matters is the design: Funding Souq will lend to Foodics restaurant merchants and use their sales data to assess credit, in Saudi Arabia and the UAE.

   Source: zawya.com Deal log entry

2. barq GroupM&A

   barq Group agrees to fold Beyon Money into its fintech platform

   Investorsbarq Group

   Beyon Money's operations combine with barq and Beyon keeps an economic interest in barq. Final documents, regulatory approvals and closing conditions are still to come, and no value is given.

   Source: zawya.com Deal log entry

3. SALICSovereign and funds

   SALIC transfers National Grain Co. to SABIL after taking the remaining 50%

   InvestorsSALIC

   SALIC bought the other half of National Grain Co. and moved it under its subsidiary SABIL, which already runs the strategic wheat reserve and silo network. Price not disclosed.

   Source: world-grain.com Deal log entry