RIYADH: The Gulf Cooperation Council’s asset management industry grew to $2.2 trillion in assets under management in 2024, up 9 percent from 2023, according...
Finance sector is evolving rapidly, with the emergence of fintech-driven players complementing traditional non-bank lenders
RIYADH: Credit provided by finance companies in Saudi Arabia rose to...
RIYADH: Global borrowing hit a record $25 trillion in 2024, a $10 trillion surge from pre-pandemic levels, sparking concerns over sustainability, a new report...
Arab stock exchanges saw strong growth in 2024, with total trading values rising by 58.1% to surpass $1.03 trillion
RIYADH: Saudi Arabia’s Tadawul reinforced its...
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...
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,...
Industry experts pointed to initiatives such as PM E-Drive, FAME II and reduced import duties as key factors driving the adoption of EVs
Total electric vehicle...
