Economy

Pine Labs IPO: In fintech, tomorrow will always be better than today, says CEO Amrish Rau at listing ceremony

Synopsis Amrish Rau, the head of Pine Labs, envisions fintech as a dynamic 'sunrise industry' primed for continuous growth, thanks to shifting consumer preferences for...

UAE strengthens role as global investment magnet amid shifting market dynamics

Against a backdrop of record valuations, policy fatigue, and geopolitical uncertainty, the UAE’s progressive economic strategy is drawing investors seeking resilience and growth As global...

The AI Makeover of Finance – Three Years After ChatGPT

It’s November 2025, three years on since ChatGPT was released on the 30th of November 2022. Large Language Models (LLMs) are now part of...

Saudi Arabia holds 30th spot in Global Financial Inclusion Index

RIYADH: Saudi Arabia retained its 30th position in the 2025 Global Financial Inclusion Index, with strong gains in digital finance and fintech ecosystems, a...

Closing Bell: Saudi main index closes in red at 11,644 

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Monday, losing 46.06 points, or 0.39 percent, to close at 11,644.55. The total trading turnover of...

Closing Bell: Saudi main index edges up to 11,596

RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward movement for the second consecutive day, as it gained 4.31 points or 0.04 percent...

Saudi Arabia’s non-oil growth hits 6-month high as PMI climbs to 57.8 

RIYADH: Saudi Arabia’s non-oil sector surged in September, with the Riyad Bank Purchasing Managers’ Index hitting 57.8 — the strongest reading since March, according...

Closing Bell: Saudi main market opens week in green at 11,528 

RIYADH: The Saudi Exchange ended Sunday’s session higher, with the Tadawul All Share Index rising 0.29 percent to close at 11,528.59 points, gaining 32.87...

Saudi Arabia set for 4.6% GDP growth in 2026 — pre-budget statement

RIYADH: Saudi Arabia is forecasting real GDP growth of 4.6 percent in 2026, supported by an expected increase in the output of non-oil activities. In the...

Saudi Economic Council reviews growth as Vision 2030 advances

RIYADH: The Council of Economic and Development Affairs held a video conference to review a series of key economic and strategic reports. The council examined...

Closing Bell: TASI ends higher at 10,808  

RIYADH: The Saudi stock market started the week higher on Sunday, with the benchmark Tadawul All Share Index adding 27.99 points, or 0.26 percent,...

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Pine Labs IPO: In fintech, tomorrow will always be better than today, says CEO Amrish Rau at listing ceremony

Synopsis Amrish Rau, the head of Pine Labs, envisions fintech...

UAE strengthens role as global investment magnet amid shifting market dynamics

Against a backdrop of record valuations, policy fatigue, and...

The AI Makeover of Finance – Three Years After ChatGPT

It’s November 2025, three years on since ChatGPT was...

OpenAI backs startup aiming to block AI-enabled bio weapons

Synopsis OpenAI is the lead investor in a $15 million...

UAE shifts from traditional to smart manufacturing with AI, semiconductors focus

The industrial revolution will leverage UAE's capabilities in petrochemicals,...