Tag: News

SRC launches Saudi Arabia’s first residential mortgage-backed securities

RIYADH: The Saudi Real Estate Refinance Co., a subsidiary of the Public Investment Fund, has launched the Kingdom’s first residential mortgage-backed securities. The new asset...

Closing Bell: Saudi main index sheds; trade volume nears $2bn

MSCI Tadawul 30 Index lost 0.75% to settle at 1,393.71 PParallel Nomu market slipped 0.01% to 26,181.58 RIYADH: Saudi Arabia’s Tadawul All Share Index fell on...

Navi plans to push ahead with credit on UPI: CEO Rajiv Naresh

SynopsisNavi aims to leverage credit on UPI for growth in a saturated market. The company processes millions of UPI payments monthly. Navi wants to...

PIF lifts US holdings to $23.8bn, exits tech and moves into chips, healthcare 

RIYADH: Saudi Arabia’s Public Investment Fund boosted its US equity holdings to about $23.8 billion by the second quarter of 2025, up from roughly...

Draft of Delhi Startup Policy 2025 released: Manjinder Singh Sirsa

Synopsis The Delhi government unveiled its draft Startup Policy 2025, anchored by a Rs 200 crore venture capital fund to back 5,000 startups over the...

Startup wrap — Early stage funding maintains momentum in MENA

Startup investment accelerated sharply in July to reach $783 million RIYADH: Startups across the Middle East and North Africa saw multiple funding rounds in the...

Saudi Fund for Development continues lending helping hand to emerging economies

RIYADH: At a time when the world is getting fragmented due to geopolitical tensions and ongoing wars, Saudi Arabia’s development fund is becoming a...

Centre injects Rs 211 crore into Indian space sector under ‘fund of funds for startups’ scheme: Union minister Piyush Goyal

Synopsis India has invested Rs 211 crore under the Fund of Funds for Startups (FFS) scheme to boost space-tech innovation, Union Minister Piyush Goyal announced. The...

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When AI Speaks for Your Brand, Who Owns the Trust

Trust Has Become a Strategic Asset In 2026, the question...

Billionaire Deepinder Goyal raises $54 million for his new wearable startup Temple

Weeks after stepping down as Group CEO of Zomato...

Saudi stocks plunge, other GCC markets set to open in negative territory

Analysts believe that investors will be gravitated towards defensive...

Saudi Exchange shows resilience on Aramco shares, defying regional trend

RIYADH: Saudi Arabia’s Tadawul All Share Index showed signs...

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...