Tag: Market

Closing Bell: Saudi main index extends gains as market opens wider to foreign investment

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Monday, gaining 153.61 points, or 1.38 percent, to close at 11,321.09. The total trading turnover of...

UAE debt market to surpass $350bn in 2026: Fitch Ratings 

RIYADH: The UAE’s debt capital market is set to surpass $350 billion in 2026 and exceed $400 billion in the following years, supported by...

Saudi Arabia leads GCC IPO market in 2025, raises $4.1bn: Markaz 

RIYADH: Saudi Arabia strengthened its role in the Gulf Cooperation Council’s initial public offering market in 2025, raising $4.1 billion in proceeds, the highest in the region, according...

Saudi banks expected to enter the Syrian market soon, Damascus’ finance minister reveals

RIYADH: Saudi Arabia is moving toward launching a number of investment funds in multiple sectors within Syria, most notably the Elaf Fund, with an...

Global ESG sukuk market hits record $6.5bn in Q3, set for strong 2026, says Fitch 

RIYADH: The global market for environmental, social and governance sukuk reached a record $6.5 billion in the third quarter, bringing total issuance this year...

Saudi Arabia tops GCC projects market in Q3: report  

RIYADH: Saudi Arabia led the Gulf Cooperation Council’s projects market in the third quarter of 2025 with $28.1 billion in contract awards, a new...

Closing Bell: Saudi main market opens week in green at 11,528 

RIYADH: The Saudi Exchange ended Sunday’s session higher, with the Tadawul All Share Index rising 0.29 percent to close at 11,528.59 points, gaining 32.87...

Aramco posts $22.67bn Q2 profit amid market volatility 

RIYADH: Saudi Aramco reported a net profit of SR85 billion ($22.67 billion) for the second quarter of 2025, underscoring its operational strength and financial...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...