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Economy

Saudi debt capital market nears $500bn mark amid global uncertainty

the financial -
Kingdom’s sukuk dominance and Vision 2030 progress fuel 16 percent annual growth, Fitch Ratings reports RIYADH: Saudi Arabia’s debt capital market continued its upward trajectory...
Business

Saudi Arabia, Qatar to clear Syria’s $15m World Bank debt

the financial -
RIYADH: Saudi Arabia and Qatar have agreed to jointly pay approximately $15 million to settle Syria’s arrears to the World Bank, a move set...
Business

Zepto in talks for Rs 1,500 crore loan from Edelweiss, others ahead of IPO: Report

the financial -
The move is aimed at buying shares from the foreign investors and raise the company's domestic shareholding to over 30% ahead of the IPO Zepto...
Exclusive-Star

India’s UPI is Taking Over the World—But is a Global Payments Monopoly Looming?

the financial -
Unified Payments Interface (UPI), India’s groundbreaking digital payment system, is no longer just a domestic success story—it’s becoming a global phenomenon. By mid-2025, UPI...
Business

Saudi Arabia’s international tourism revenue soars by 148%, leading G20 nations

the financial -
RIYADH: Saudi Arabia’s tourism sector achieved a historic milestone in 2024, with international tourism revenue surging 148 percent compared to 2019 — the highest...
Banking

Direct tax mop up for 2024-25 fiscal misses target owing to higher refunds

the financial -
The government set a target of Rs 22,07,000 crore for the direct tax administration as per the budget receipt of July 2024 and revised...
Banking

Saudi Arabia proposes lower bank guarantee requirements for finance licenses 

the financial -
RIYADH: Saudi Arabia is considering steps to lower the bank guarantee requirements for financial companies seeking licenses, part of efforts to bolster the Kingdom’s financial sector.  In...
Economy

Saudi Arabia tops emerging markets’ venture capital funding, overtakes Singapore 

the financial -
RIYADH: Saudi Arabia has overtaken Singapore as the premier destination for venture capital funds across emerging markets after it secured $391 million in the...
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