Tag: News

Rebel Foods explores stake sale in premium chocolate brand Smoor

Rebel Foods is reportedly considering selling its stake in Smoor due to underperformance, particularly in key markets. This move comes as Rebel Foods restructures...

Saudi Arabia opens July Sah sukuk subscription with 4.88% annual return

Sukuk reflects ongoing efforts to promote financial inclusion Product offers secure, fee-free investment avenue with stable, government-guaranteed returns RIYADH: Saudi Arabia has launched the July subscription...

30 Startups To Watch: Startups That Caught Our Eyes In June 2025

SUMMARY Since 2014, Indian startups have raised a total of $164 Bn+ in funding, generated 1.6 Mn+ direct jobs, and attracted more than 9,500 active...

Saudi Arabia’s top 10 listed firms hit $2.1tn valuation, led by Aramco

Tadawul recognized as world’s fastest-growing stock market in 2024 Kingdom’s leading banks continued to post strong performance RIYADH: Saudi Arabia’s top 10 publicly listed companies reached...

flydubai partners with emaratech to introduce smart biometric gates

flydubai has partnered with emaratech, a leading technology organisation in the UAE, to implement smart border control solutions for its pilots and cabin crew. Located...

Alstom wins 2 billion euro railcar deal in New York

France's Alstom.has received a 2 billion euro ($2.4 billion) order from the New York Metropolitan Transportation Authority (MTA) to supply M-9A railcars for the...

How AI is transforming Saudi businesses, from homegrown startups to global creative agencies

Artificial intelligence is revolutionizing the landscape for small businesses, offering innovative solutions that enhance efficiency, creativity, and competitiveness. As technology evolves, many entrepreneurs are...

Saudi PMI rises to 57.2 in June as non-oil sector hits 3-month high

Saudi Arabia’s non-oil private sector expanded at its fastest pace in three months in June, supported by rising domestic demand, accelerated hiring, and a...

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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...