Tag: News

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...

Saudi Kafalah program boosts SME financing 8% to $3.73bn in Q3

RIYADH: Saudi Arabia’s Small and Medium Enterprises Financing Guarantee Program, known as Kafalah, extended 5,447 assurances, boosting small-business funding by 8 percent year on...

Wealth management startup Dezerv raises Rs 350 crore from Premji Invest, Accel, others

Synopsis Wealth platform Dezerv has secured Rs 350 crore in fresh funding led by Premji Invest and Accel, pushing its total funding to over Rs...

IMF raises Saudi growth forecast to 4% for 2025 and 2026 

RIYADH: The International Monetary Fund has raised Saudi Arabia’s economic growth forecast to 4 percent for both 2025 and 2026.  In its October World Economic...

Closing Bell: Saudi main index edges up to 11,596

RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward movement for the second consecutive day, as it gained 4.31 points or 0.04 percent...

Visa-owned Pismo chases large banks to scale its India biz

Synopsis Visa-owned card processing startup Pismo wants to scale up in India and is working with banks while launching new products to achieve this, Vishal...

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...

Google’s latest AI model uses a web browser like you do

The new Gemini 2.5 Computer Use model can click, scroll, and type in a browser window to access data that’s not available via an...

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Abu Dhabi Customs showcases ‘Invisible Customs’ project at WCO workshop

At the invitation of the World Customs Organization (WCO),...

World Cup expected to be the biggest betting event in history

The Fifa Men's World Cup is set to be...

Bitcoin On Ethereum? Circle Launches cirBTC on ETH Targeting $9B WBTC Market

Bitcoin News: Circle has launched cirBTC, a 1:1 BTC-backed...

Emirati startup founders unveil AI-powered innovations at Hub71 Impact 2026

Emirati startup founders showcased AI-powered and advanced technology solutions...

Groww and Zerodha AMCs post nearly 3x growth in AUM over last year

Entry of discount broking firms -- Groww and Zerodha...