Tag: News

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

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...

Indian rupee set for further gains, forcing UAE expats to delay remittances

The rupee jumped more than 1% on Tuesday to around 90.29 against the US dollarDubai: The Indian rupee’s recent surge has strengthened expectations of...

Emerging markets driving global growth despite rising risks: Saudi finance minister 

RIYADH: Emerging markets now account for a growing share of global output and are driving the bulk of world economic expansion, Saudi Arabia’s finance...

Why Risk Is Being Re-Priced Across Global Balance Sheets

After more than a decade of historically low interest rates and abundant liquidity, finance leaders worldwide are entering a new era of risk reassessment....

Saudi stocks rebalance after Kingdom opens market to global investors

Foreign access reforms trigger short-term volatility while underlying market fundamentals hold RIYADH: Saudi Arabia’s stock market experienced a volatile first week following a landmark decision...

Saudi economy grows 4.5% in 2025 as oil, non-oil sectors accelerate 

RIYADH: Saudi Arabia’s real gross domestic product expanded by 4.5 percent year on year in 2025, driven by strong growth in both oil and non-energy activities,...

Mashreq posts Dh8.3b profit before tax in 2025 as assets and lending surge

Operating income rises to Dh12.6b; total assets climb 25% to Dh335b despite corporate taxDubai: Mashreq reported a strong financial performance in 2025, posting a...

Closing Bell: Saudi main index extends gains as market opens wider to foreign investment

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Monday, gaining 153.61 points, or 1.38 percent, to close at 11,321.09. The total trading turnover of...

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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...

Apple launches AI-powered Siri upgrade

Apple has launched an artificial intelligence-powered version of its...

Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...