Tag: KSA

Tabby announces pre-IPO $700 million debt facility from J.P. Morgan

UAE-founded and Saudi Arabia-headquartered fintech Tabby has secured a $700 million debt financing round from J.P. Morgan, ahead of its planned initial public offering...

Ministry of Economy and Planning, Gulf Research Center Sign MoU

Vice Minister for International Economic Affairs at the Ministry of Economy and Planning Albara bin Bassim Alaskandarani and Gulf Research Center Chairman Dr. Abdulaziz...

Saudi Stock Exchange Ends Trading Higher at 12484 Points

The Saudi Stock Exchange main index ended trading higher today, gaining 45.82 points to close at 12484.59 points.The total value of trading reported was...

Ministry of Commerce Announces Services for Foreign Companies Wishing to Open Regional Headquarters

The Ministry of Commerce has announced that it will provide online services for foreign companies wishing to open a regional headquarters after obtaining a...

UAE, Saudi Arabia, Qatar rank among top emerging markets for logistics

The UAE, Saudi Arabia and Qatar continue to rank among the world’s top 10 emerging markets for logistics, improving or holding steady in key...

Saudi Fund for Development CEO Meets with Health, Higher Education Ministers of Benin

The CEO of the Saudi Fund for Development (SFD), Sultan Al-Marshad, and his accompanying delegation had separate meetings today with Minister of Health of...

Faisal Alibrahim to Chair National Infrastructure Fund

The National Development Fund's Board of Directors -- under the chairmanship of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Crown Prince...

Saudi Arabia cuts production to propel prices, revealing strategy over supply

Saudi Arabia's decision to cut its production capacity by one million barrels per day (bpd) has made a vast impact on global markets but...

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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...