Tag: News

Saudi Arabia raises $1.34bn through July sukuk issuance

RIYADH: Saudi Arabia’s National Debt Management Center raised SR5.02 billion ($1.34 billion) through its riyal-denominated sukuk issuance for July, marking a sharp 113.6 percent...

Insurtech startup Plum commits Rs 200 crore to expand healthcare vertical

Synopsis Plum has committed Rs 200 crore to expand its healthcare vertical beyond group insurance, focusing on preventive and digital health services. The startup will...

Closing Bell: Saudi main index slips to 11,294

Parallel market Nomu edged down by 119.05 points to close at 27,343.79 MSCI Tadawul Index declined by 0.35% to 1,449.23 RIYADH: Saudi Arabia’s Tadawul All Share...

From 66 to 4: Why Y Combinator is backing fewer Indian startups in 2024

Synopsis Y Combinator's selection of Indian startups has decreased significantly. This decline is attributed to factors like YC's US incorporation requirement and the rise of...

JSW Ventures targets Rs 450 crore for third fund amid rise in domestic venture capital

Synopsis JSW Ventures, the VC arm of JSW Group, is planning to raise Rs 400-450 crore for its third investment fund, targeting domestic investors. Following...

Biotech startups surged from 50 to 11,000 in one decade: Jitendra Singh

Synopsis Minister Jitendra Singh emphasized the importance of public understanding and participation in India's biotechnology mission, highlighting the goal of achieving a $300 billion bioeconomy...

Saudi Arabia’s National Development Fund secures $1.3bn in credit facilities to boost development projects

Deals designed to enhance funding for key development projects across the Kingdom Two agreements signed with Al-Rajhi Bank and Arab National Bank RIYADH: Saudi Arabia’s National...

Saudi Exchange unveils new instrument to trade global shares locally 

RIYADH: Saudi Arabia has introduced a new financial instrument that gives investors in the Kingdom direct access to shares of foreign companies listed on...

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Global Markets: Stocks set for tough week, oil eyes strong gains as Middle East war rages

Oil prices set for largest weekly rise since Russia’s...

Saudi POS spending rises 4.5% to $3.8bn in late February: SAMA

RIYADH: Saudi Arabia’s point-of-sale spending rose 4.5 percent to SR14.5 billion ($3.8 billion)...

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...