Business

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...

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

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...

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

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

Trident Growth Partners, led by former Premji Invest and IFC investors, secure Rs 1,000 cr in debut fund

Backed by Ranjan Pai's family office Claypond Capital and SIDBI's Fund of Funds for Startups, the fund is led by former Premji Invest and...

ACWA Power secures $119m loan facility from Alinma Bank for new headquarters

RIYADH: Saudi utility giant ACWA Power has secured an SR750 million ($119 million) Shariah-compliant term loan facility from Alinma Bank to fund its new...

SaaS startups raise AI budgets, go slow on hiring amid technology shift

From lean teams to smarter tools — AI is reshaping how SaaS startups scale, spend, and staff. As the post-pandemic software-as-a-service (SaaS) landscape stabilizes, a...

Saudi crude output hits 8.95m bpd: JODI data 

RIYADH: Saudi Arabia’s crude oil production rose to 8.95 million barrels per day in February, marking a 0.34 percent monthly increase, according to the...

Fireside Ventures gets ready to raise $230 million for fourth fund

Fireside has raised money largely from domestic LPs but is now looking to have more foreign investors come in Fireside Ventures, a homegrown consumer-focused VC...

Saudi Arabia to drive Islamic finance growth in 2025, S&P says 

RIYADH: Saudi Arabia is poised to play a key role in propelling the growth of the global Islamic finance industry in 2025, underpinned by...

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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...