Tag: News

Finance

Ministry of Finance launches ‘Federal Government Public Debt 2022–2025’ report

the financial -
The Ministry of Finance (MoF) has launched the ‘Federal Government Public Debt 2022–2025’ report titled ‘Public Debt: Efficiency and Sustainable Financing,’ a strategic document...
Banking

UAE keeps key interest rate unchanged amid Iran war, mirroring US Fed move

the financial -
Base rate applicable to the Overnight Deposit Facility (ODF) stays at 3.65% Dubai: The Central Bank of the UAE (CBUAE) announced late Wednesday it has...
AI & Technology

Artificial intelligence is transitioning into a ‘digital employee’

the financial -
AI can be an effective tool, business leaders tell Arab News Not about jobs, but ‘convergence of human capital and AI’ RIYADH:  Artificial intelligence is fundamentally...
Startup

Startup Wrap: MENA deals spotlight AI, expansion, and strategic consolidation

the financial -
RIYADH: Startups across the Middle East and North Africa continue to attract investor interest and pursue strategic expansion, with fresh funding rounds, acquisitions, and...
Finance

Saudi Arabia’s US Treasury holdings rise over 6% to $134.8bn in January

the financial -
RIYADH: Saudi Arabia’s holdings of US Treasuries rose 6.22 percent from a year earlier to $134.8 billion in January, even as they declined from the...
Banking

UAE central bank support package lifts lenders shaken by Iran war

the financial -
DUBAI: Shares of UAE-listed banks jumped on Wednesday after the Central Bank of the UAE announced ​measures to support their liquidity as the Iran...
Banking

Saudi Aramco 2025 net profit falls 12%

the financial -
Saudi Aramco reported a decline in full-year 2025 net profit mainly due to lower prices of crude oil and chemical products. The company, which supplies...
Spotlight

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

the financial -
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...
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Finance

Ministry of Finance launches ‘Federal Government Public Debt 2022–2025’ report

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The Ministry of Finance (MoF) has launched the ‘Federal...
AI & Technology

KSA, World Bank discuss future of AI governance

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RIYADH: The Saudi Data and Artificial Intelligence Authority, in cooperation...
Business

GCC listed firms’ revenues hit record $345bn in Q4: Kamco Invest 

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RIYADH: Companies listed across the Gulf Cooperation Council saw...
Business

Oil jumps nearly 8% to above $102 ahead of US blockade on Iran

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LONDON: Oil prices ​jumped back above $102 a barrel...
AI & Technology

Google launches first Gemini Student Ambassador program in Saudi Arabia

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Selected ambassadors will run missions and facilitate on-campus workshops,...

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