Tag: News

Saudi Arabia to invest in solar-powered desalination project in Senegal, says minister

JEDDAH: Saudi Arabia is poised to sign an agreement to harness solar energy for a water desalination project in Senegal, alongside additional investments totaling...

Saudi Arabia to serve as regional HQ for fintech growth, says Paymentology CEO 

RIYADH: Saudi Arabia is emerging as a key fintech hub in the Middle East, prompting the UK-based card issuing and payment processing firm Paymentology...

Awfis opens 50,000 sq ft co-working centre in Mumbai

Synopsis In a regulatory filing on Monday, Awfis informed that it has launched a new centre spanning about 50,000 sq ft chargeable area in Supreme...

Fintech startup Niro shuts business after failing to raise capital amid regulatory crackdown

Synopsis Fintech startup Niro has shut down after four and a half years. The company cited changes in the sector and difficulties in securing new...

Saudi reforms, rate cuts propel GCC equities to 2-year high

RIYADH: Gulf equities staged their sharpest rally in almost two years in September, lifted by synchronized central bank rate cuts and Saudi Arabia’s signal...

Saudi Arabia’s non-oil growth hits 6-month high as PMI climbs to 57.8 

RIYADH: Saudi Arabia’s non-oil sector surged in September, with the Riyad Bank Purchasing Managers’ Index hitting 57.8 — the strongest reading since March, according...

Cleantech startup EcoEx secures $4 million led by Dovetail Global

Synopsis Founded in 2020 by Nimit Aggarwal and Akshaya Rath, the startup operates in the waste management space. It collects, trades in waste commodities, and...

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...

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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...