Tag: News

Saudi Aramco could tap debt markets again after $5bn bond sale

DUBAI: Saudi Aramco has published a new prospectus for its issuance program of Islamic bonds or sukuk, signalling the state oil major may soon...

Nykaa reports 110% rise in net profit to Rs 19 crore in Q4FY25

FSN E-Commerce Ventures, the parent of Nykaa, posted a sharp improvement in profit and operating performance in the fourth quarter and full year ended...

Closing Bell: Saudi main index closes in red at 10,990 

Parallel market Nomu dropped 123.20 points to close at 26,809.75 MSCI Tadawul Index declined by 0.70 percent to 1,403.80 RIYADH: Saudi Arabia’s Tadawul All Share Index...

Grocery platform Misfits Market acquires The Rounds to further its mission of reducing food waste

Misfits Market, the online platform that delivers imperfect groceries to help minimize waste, announced the acquisition of household restocking service The Rounds on Friday. As a result of...

MENA tech startups close significant funding rounds

Strategic investments boost investor confidence in startup landscape RIYADH: A series of significant funding rounds and strategic investments have bolstered the Middle East and North Africa...

​​Digital shift keeps Saudi credit card borrowing above $8bn and just 2% below record level

RIYADH: Credit card loans from Saudi banks posted their second-highest figure on record in the first quarter of 2025, after an annual rise of...

Saudi Arabia holds many ‘promising investment opportunities’ for Chinese investors, says finance minister  

Mohammed Al-Jadaan emphasized the significance of both countries’ roles in the global economy Discussions included areas such as tax policy, capital markets, and banking regulations RIYADH:...

Samsung may invest in $100M round for medical imaging startup Exo

Samsung’s venture investment unit is looking to invest in California-based medical device startup, Exo, in a round that could climb to $100 million, Bloomberg reported,...

Don't miss

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...