Economy

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

SUMMARY Founded in 2019, Snitch is a men-focussed fast-fashion brand that offers a wide range of apparel, including shirts, jackets, hoodies, co-ords, sweaters, and innerwear The...

Zee Invests In Content Startup Bullet To Enter Microdrama Universe

SUMMARY Zee Entertainment is investing in content startup Bullet to enter the 60-second drama content space The media giant said that Bullet has developed India's first...

Non-oil sector drives Saudi Arabia’s GDP growth to 3.4% in Q1: GASTAT 

Wholesale and retail trade, restaurants, and hotels lead at an 8.4% annual increase Oil activities contracted by 0.5% year on year RIYADH: Saudi Arabia’s economy expanded...

GCC banks post record $15.6bn profit in Q1 amid lending boom, stable forecast

RIYADH: Gulf Cooperation Council banks posted $15.6 billion in net profit for the first three months of 2025, a 7.1 percent rise from the...

Saudi Arabia’s non-oil exports climb 13.4% in Q1: GASTAT

National non-oil exports — excluding re-exports — grew by 9% Chemical products dominated non-oil exports, accounting for 23.8% of total outbound shipments RIYADH: Saudi Arabia’s non-oil...

Saudi Arabia tops MENA digital economy rankings with $132bn market

Kingdom has invested over SR55 billion in AI technologies and data center infrastructure Figures released on occasion of World Telecommunication and Information Society Day RIYADH: Saudi...

Saudi Arabia’s US Treasury holdings rise to $131.6bn in March

Kingdom maintained 17th place among the largest holders of such financial instruments in March Saudi Arabia and UAE are the only GCC countries among the...

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...

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...

Saudi POS spending hits $4bn, fueled by increased spending across all sectors

RIYADH: Saudi Arabia’s point-of-sale transactions climbed 36.2 percent to SR15.4 billion ($4.1 billion) in the week ending May 3, driven by increased spending across all...

Saudi Arabia’s revised 2024 capital investment rises to $355bn, surpassing target by 38%

RIYADH: Saudi Arabia’s gross fixed capital formation reached SR1.33 trillion ($355 billion) in 2024, reflecting a 4.5 percent annual increase, according to updated data released...

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

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

Zee Invests In Content Startup Bullet To Enter Microdrama Universe

SUMMARY Zee Entertainment is investing in content startup Bullet to...

Non-oil sector drives Saudi Arabia’s GDP growth to 3.4% in Q1: GASTAT 

Wholesale and retail trade, restaurants, and hotels lead at...

This startup aims to replace Rs 4,000/month AI tools with AI agents you can hire like freelancers

In the last two years, artificial intelligence has become...

Dubai Just Saved AED 5.5 Billion! The Mind-Blowing Truth Behind Its Smart City Fintech

Dubai is setting a global example by seamlessly integrating...