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Top financial changes in May: ATM fees up, home loan rates down and ITR filing tips

Key money changes in May: Some private banks might announce rate cuts on home loans for existing and new borrowers. Also, banks are hiking...

Saudi POS spending hits $3bn, fueled by jewelry sales

RIYADH: Jewelry spending in Saudi Arabia hit SR320.7 million ($85.4 million) between April 20 and 26, marking a weekly rise of 18.2 percent, according...

What small taxpayers must know about TDS and contract payments to stay penalty-free

Small taxpayers must carefully follow TDS rules on rent and contract payments to avoid late fees, interest, and disallowance of expenses.Tax Deducted at Source...

India’s private capex likely rose 66% between FY22 and FY25 to Rs 6.56 lakh cr, likely to taper in FY26

Capex from private sector is expected to taper off in the current fiscal to Rs 4.9 lakh crore, but will still remain higher than...

Saudi banks weathering external debt surge amid Vision 2030 push: S&P report

RIYADH: Saudi Arabia’s banking sector is set to absorb a rise in external debt, driven by increasing financing demands under the Kingdom’s Vision 2030...

Closing Bell: Saudi main index closes in red at 11,671 

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 74.62 points, or 0.64 percent, to close at 11,671.58.  The total trading turnover of...

Saudi’s KSrelief signs $10m deal with UK for cholera response in Yemen

KSrelief will provide $5m to the WHO, while the UK government will provide a further $5m to the UN Children’s Fund An estimated 3.5m people...

Industrial growth picks up in March at 3% but ends FY25 lower at 4%

The core sector, which has a 40 percent weight in IIP, grew at 3.8 percent, up from 3.4 percent in the previous month, as...

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Can Soket AI Power India’s Foundational LLM Dream?

SUMMARY Founded in 2019, Soket AI spent its early years...

Closing Bell: Saudi main index retreats to 10,731.59

Parallel market Nomu lost 393.70 points to settle at...

50 Billion In Economic Power: Arab Women Are Rewriting the Startup Rules in the Gulf

Across the Gulf, a powerful wave of women entrepreneurs...

How Finhaat Is Bringing Insurance And Wealth Creation To India’s Rural & Semi-Urban Markets

SUMMARY Despite being one of the most promising markets, India’s...

UAE shares end higher as outcome of US-China trade talks awaited

LONDON: Stock markets in the UAE ended higher on Monday,...