Tag: News

Healthcare-focused fintech startup Care.fi raises $8 million in funding

Healthcare-focused fintech startup Care.fi has raised $8 million, or about Rs 72.46 crore, in a Series A funding round comprising a mix of equity...

Indian rupee set for further gains, forcing UAE expats to delay remittances

The rupee jumped more than 1% on Tuesday to around 90.29 against the US dollarDubai: The Indian rupee’s recent surge has strengthened expectations of...

Emerging markets driving global growth despite rising risks: Saudi finance minister 

RIYADH: Emerging markets now account for a growing share of global output and are driving the bulk of world economic expansion, Saudi Arabia’s finance...

Why Risk Is Being Re-Priced Across Global Balance Sheets

After more than a decade of historically low interest rates and abundant liquidity, finance leaders worldwide are entering a new era of risk reassessment....

Saudi stocks rebalance after Kingdom opens market to global investors

Foreign access reforms trigger short-term volatility while underlying market fundamentals hold RIYADH: Saudi Arabia’s stock market experienced a volatile first week following a landmark decision...

Saudi economy grows 4.5% in 2025 as oil, non-oil sectors accelerate 

RIYADH: Saudi Arabia’s real gross domestic product expanded by 4.5 percent year on year in 2025, driven by strong growth in both oil and non-energy activities,...

Mashreq posts Dh8.3b profit before tax in 2025 as assets and lending surge

Operating income rises to Dh12.6b; total assets climb 25% to Dh335b despite corporate taxDubai: Mashreq reported a strong financial performance in 2025, posting a...

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...

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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...

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...

Lumi Rental profit rises 10% in 2025 on leasing growth, stronger pricing 

RIYADH: Saudi Arabia’s Lumi Rental Co. posted a 9.9 percent...