Tag: KSA

Riyadh Rising: From Ancient Souks to Fintech Hub

The sun dips below the bustling marketplace of Riyadh, casting long shadows across the colourful stalls. The scent of spices and freshly brewed coffee mingles with the hum of conversation.

SAMA: E-Payments Share Reached 70% of Total Payments in 2023

The Saudi Central Bank (SAMA) announced that the share of retail consumer electronic payments -one of the Financial Sector Development Program’s KPIs- reached 70%...

Ramadan online spend expected to raise across key sectors

Checkout.com forecasts surge in online spend this year among consumers in Saudi Arabia in areas like food stores, apparel, and hospitality Trends follow 22% growth...

Saudi Arabia Witnesses Three Years of Consecutive Private Equity Investment Growth, Closing 2023 with $4Bn Worth of Transactions

The "2019-2023 Saudi Arabia Private Equity Report" revealed that the Kingdom has witnessed a remarkable surge in Private Equity (PE) activity over the past...

Economic and Development Affairs Council Discusses Local and Global Economic Indicators

The Economic and Development Affairs Council has held a virtual meeting to discuss a number of reports and issues on its agenda.It discussed the...

Saudi Arabia plans $40 bln fund for AI investments: Report

Saudi Arabia’s government plans to create a fund of about $40 billion to invest in artificial intelligence, the New York Times reported on Tuesday,...

Saudi Showpiece New Murabba ‘Open for International Investment’

New Murabba Development Company made a powerful impression at the prestigious MIPIM 2024 event in Cannes, France. The event, which brings together the world's...

SVC Invests $30 Million in a Private Equity Fund by Olive Rock Partners

Saudi Venture Capital (SVC) announced its investment of $30 million in Olive Rock Partners Fund I, a regional private equity fund focusing on actively...

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50 Billion In Economic Power: Arab Women Are Rewriting the Startup Rules in the Gulf

Across the Gulf, a powerful wave of women entrepreneurs...

How Finhaat Is Bringing Insurance And Wealth Creation To India’s Rural & Semi-Urban Markets

SUMMARY Despite being one of the most promising markets, India’s...

UAE shares end higher as outcome of US-China trade talks awaited

LONDON: Stock markets in the UAE ended higher on Monday,...

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...