Economy

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 logistics tech wave, and now, the startup is banking on the last-mile logistics boom fuelled...

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...

Saudi Arabia’s top body reviews economic performance, global outlook

JEDDAH: Saudi Arabia’s Council of Economic and Development Affairs hosted a virtual meeting to discuss financial performance and global developments, focusing on improving public...

Mideast set for private equity boom amid global market revival: report

RIYADH: The Middle East is rapidly emerging as a prime destination for private equity investment, spurred by a global resurgence in dealmaking, according to...

Saudi riyal symbol: strategic step toward global financial standing

New symbol signals Kingdom’s commitment to align its financial practices with international standards JEDDAH: Saudi Arabia’s unveiling of a new symbol for the riyal has been...

Corporate activities drive Saudi bank loans to highest growth rate in 18 months

Corporate lending dominated the sector, making up around 54 percent RIYADH: Saudi bank loans reached SR2.82 trillion ($753.27 billion) in August, representing an annual growth...

Where the stock market goes, the US economy will follow

America’s wealthiest households are driving economic growth, thanks to their investing gainsA stock market decline of 20% or more would erode the spending power...

Saudi Aramco posts $106.2bn profit for 2024

RIYADH: Saudi energy giant Aramco reported a net profit of SR398.42 billion ($106.2 billion) in 2024, despite challenging market conditions, including lower prices for...

Saudi Arabia’s private equity deals soar with $2.8bn in investments in 2024

RIYADH: Saudi Arabia’s private equity market reached $2.8 billion in total investments across 15 transactions in 2024, maintaining its billion-dollar scale despite a slowdown,...

Can Saudi Arabia conquer global uncertainty and become a financial giant?

Saudi Arabia’s financial markets are on a sharp upward trajectory despite challenging global economic trends, experts have told Arab News. Market volatility across the world...

Don't miss

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...

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...