Tag: News

Riyadh leads Kingdom’s industrial rental growth in first quarter

Warehouse demand in Riyadh is increasingly shifting toward specialized facilities: Knight Frank RIYADH: Strong demand for warehouse space saw occupancy levels reach 98 percent in Riyadh...

Saudi Arabia holds 30th spot in Global Financial Inclusion Index

RIYADH: Saudi Arabia retained its 30th position in the 2025 Global Financial Inclusion Index, with strong gains in digital finance and fintech ecosystems, a...

UAE’s Qashio acquires Saudi fintech Sanad Cash to fast-track expansion 

RIYADH: UAE-based corporate spend management platform Qashio has acquired Saudi fintech Sanad Cash in a strategic move to accelerate its expansion in the Kingdom...

Closing Bell: Saudi main index closes in red at 11,644 

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Monday, losing 46.06 points, or 0.39 percent, to close at 11,644.55. The total trading turnover of...

SMEs secure fresh capital and strategic partnerships

Startups across MENA are accelerating growth through new funding rounds RIYADH: Startups across the Middle East and North Africa are accelerating growth through new funding rounds,...

Saudi Arabia hits 79% digital transactions in its cash to code journey

SAMA has leveraged its core mandate to position Saudi Arabia as a global fintech hub JEDDAH: Saudi Arabia has achieved a major milestone in its financial...

Productive investment driving Saudi borrowing plans, finance minister tells US conference

RIYADH: Saudi Arabia’s Finance Minister Mohammed Al-Jadaan has reiterated the Kingdom’s commitment to financing strategic, productive investments rather than resorting to tax increases or...

Global Islamic finance assets set to reach $9.7tn by 2029, LSEG says 

RIYADH: Global Islamic finance assets are projected to climb to $9.7 trillion by 2029, up from $5.98 trillion at the end of 2024, driven...

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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...