Finance

UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure (MoEI), received Kim Jung-kwan, Minister of Trade,...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses on Monday announced plans to ​help stamp out the illegal trade in wildlife. Announcement made as...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed as techno-nationalist rhetoric, an idea which is considered expensive, duplicative and largely unnecessary in a...

Saudi Arabia holds many ‘promising investment opportunities’ for Chinese investors, says finance minister  

Mohammed Al-Jadaan emphasized the significance of both countries’ roles in the global economy Discussions included areas such as tax policy, capital markets, and banking regulations RIYADH:...

Karat Financial is bringing business banking to creators

Karat Financial, the company known for its credit cards for creators, is launching a creator-focused business banking product. Powered by digital bank Grasshopper, Karat’s banking product...

Net financial savings of households inch up in FY24; economists flag delay in consumption

In absolute terms, however, household investments stood at Rs 54.61 lakh crore in FY24 as against 50.1 lakh crore in FY23, and Rs 38.44...

Saudi fintech startup Nqoodlet secures $3m in seed funding

RIYADH: Saudi fintech firm Nqoodlet has announced the successful closure of a $3 million seed funding round aimed at accelerating its mission to streamline...

Symbols of power: Saudi Arabia and UAE stamp their marks on global finance

RIYADH: In a display of economic ambition, Saudi Arabia and the UAE have unveiled new currency symbols for the riyal and dirham, marking a...

PB Fintech shares extend losses to nearly 10% in 2 days as Rs 696 crore healthcare investment fails to cheer investors

PB Fintech shares extended losses to nearly 10 percent in the last two trading sessions after the company's proposal to infuse Rs 696 crore...

Closing Bell: Saudi main index closes in red at 12,317

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 16.08 points, or 0.13 percent, to close at 12,317.59. The total trading turnover of the...

This too shall pass: How to navigate market movements in turbulent times

Market corrections, though uncomfortable, play a crucial role in investment cycles by shaking out excesses and creating opportunities for discerning investors. By maintaining perspective,...

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UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed...

SEBI board to consider reintroducing open-market window for buybacks tomorrow

A key proposal before the board is to reintroduce...

BMW cuts 2026 profit margin outlook over China slowdown, Middle East costs

German luxury carmaker BMW Group revised down its 2026...