Banking

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

Across the Gulf, a powerful wave of women entrepreneurs is reshaping the region’s innovation story. These aren’t just startup founders—they’re architects of a new...

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 insurance penetration is well below the global average of 7% Fintech SaaS platform Finhaat is simplifying...

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

LONDON: Stock markets in the UAE ended higher on Monday, in step with Asian peers, as investors awaited the outcome of US-China trade talks in...

Debt mutual funds may get tax relief on capital gains

The MF industry has also urged the finance ministry to align the capital gains tax rates of debt MF schemes with that of listed...

Canara Bank: What should investors do

Given the track record of the management in achieving the guided figures and comfort in valuation, long-term investors can accumulate the stock in dips. The...

UAE APP scam losses surge 43% to $8.3mn in 2023, report reveals

APP scams are a form of trust-based manipulation, deceiving individuals into willingly transferring funds to fraudsters Authorized push payment (APP) scam losses are on the...

Alif Capital strikes deal to acquire 25% stake in UAE-based lifestyle products supplier Sunex Group

The stake acquisition marks Aliph’s entry into the lifestyle sector Alif Capital, the first female-founded private equity fund in the Middle East, announced the acquisition...

Moody’s upgrades rankings for 11 Saudi banks

RIYADH: Eleven banks in Saudi Arabia have seen their long-term deposit and senior unsecured ratings upgraded by Moody’s thanks to a strong operating environment. The...

Saudi corporate lending fuels bank loans growth to near-2 year high of 12.46%

RIYADH: Saudi Arabia’s bank loans reached SR2.88 trillion ($768.93 billion) in October, a 12.46 percent annual growth and the highest in 20 months, official...

UAE banks record highest return on equity in the GCC

UAE-listed banks once again topped the GCC with the highest return on equity(RoE) at the end of the third quarter of 2024 at 16.8...

Dubai: Traditional banking ‘no longer valid’ as customers now want seamless transactions, says expert

It is not the era of competition but cooperation among banks, fintech and other industry players, a senior industry executive said on Wednesday. Speaking at...

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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,...

Porter’s 10-Year Grind: From Intracity To An INR 2.8K Cr Pan-India Logistics Business

SUMMARY Porter was among the first movers in the hyperlocal...

How Snitch Stitched An INR 500 Cr Revenue Run In 5 Years

SUMMARY Founded in 2019, Snitch is a men-focussed fast-fashion brand...