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IHG to introduce 15,000 additional keys in Saudi Arabia by 2030: top official

RIYADH: UK multinational hospitality giant IHG Hotels and Resorts is planning to add an additional 15,000 rooms in Saudi Arabia, as it eyes opening...

Paytm shares tumble after 4% stake changes hands, Alibaba arm Antfin likely seller

Antfin, the second largest shareholder in Paytm with a stake of 9.85 percent earlier, sought to offload 4 percent in the fintech at a...

PVR Inox Q4 Results: Net loss narrows to Rs 125 crore, revenue falls marginally to Rs 1,250 crore

PVR Inox Q4 Results: The shares of the company jumped over 4 percent to trade at Rs 959 apiece in the afternoon. PVR Inox on...

Closing Bell: Saudi main index slips to close at 11,346 

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 17.52 points, or 0.15 percent, to close at 11,346.59.  The total trading turnover of the benchmark index was SR3.32 billion ($896 million), as 108 of...

KAFD at the heart of Saudi Arabia’s economic and investment future

The King Abdullah Financial District has significantly boosted Riyadh’s appeal as a business and tourism destination JEDDAH: The King Abdullah Financial District is fast emerging as...

Saudi Aramco profit rises to $26bn in Q1 amid strategic growth push 

RIYADH: Energy giant Saudi Aramco reported a stronger-than-expected first-quarter net profit of SR97.54 billion ($26 billion), highlighting resilience amid weaker oil prices and reinforcing...

Sitharaman asks banks to ensure round-the-clock firewalling, prioritise cash in ATMs in review meet on cybersecurity

Phishing attempts are being closely monitored and bank employees have received internal alerts to boost cyber awareness, banks said. Amid escalating security concerns along India’s...

Finance Ministry releases draft framework for developing Climate Finance Taxonomy

India's climate finance taxonomy aims to facilitate greater resource flow to climate-friendly technologies and activities, enabling the country to achieve the vision of being...

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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,...