Tag: News

GCC banks post record $15.6bn profit in Q1 amid lending boom, stable forecast

RIYADH: Gulf Cooperation Council banks posted $15.6 billion in net profit for the first three months of 2025, a 7.1 percent rise from the...

Fintech firms powering MSMEs via digital public infra, says FM Sitharaman

Finance Minister during her visit to Indian fintech company Pine Labs lauded fintech firms’ contribution to expanding country's Digital Public Infrastructure (DPI)India’s fintech sector...

Saudi authority approves new guidelines for sustainable debt instruments 

RIYADH: Saudi Arabia’s Capital Market Authority has approved new guidelines for issuing green, social, sustainable, and sustainability-linked debt instruments. These guidelines, which came into effect...

Security startup Horizon3.ai is raising $100M in new round

Horizon3.ai, a cybersecurity startup that provides tools like autonomous penetration testing, is seeking to raise $100 million in a new funding round and has...

Is Groww worth $7-8 billion? Sebi F&O rules key to determining IPO fate

Broking firms are bracing for higher taxes on trading during the current fiscal, have been earning lower exchange rebates since the middle of the...

Startup Wrap — Saudi capital driving SME growth amid rising AI and tech demand

RIYADH: Startups across the Middle East and North Africa continued to attract significant investment in the past week, with Saudi Arabia emerging as the...

Closing Bell: Saudi main index closes higher, gains 76 points  

MSCI Tadawul 30 Index climbed 14.22 points, or 1.01%, to 1,416.62 Parallel market Nomu fell 237.23 points, or 0.88%, to 26,780.54 RIYADH: Saudi Arabia’s Tadawul All...

Closing Bell: Saudi main index slips to close at 10,999 

Parallel market Nomu dropped 242.96 points to close at 27,017.77 MSCI Tadawul Index declined 26.41 points to end at 1,402.40 RIYADH: Saudi Arabia’s Tadawul All Share...

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50 Billion In Economic Power: Arab Women Are Rewriting the Startup Rules in the Gulf

Across the Gulf, a powerful wave of women entrepreneurs...

How Finhaat Is Bringing Insurance And Wealth Creation To India’s Rural & Semi-Urban Markets

SUMMARY Despite being one of the most promising markets, India’s...

UAE shares end higher as outcome of US-China trade talks awaited

LONDON: Stock markets in the UAE ended higher on Monday,...

Porter’s 10-Year Grind: From Intracity To An INR 2.8K Cr Pan-India Logistics Business

SUMMARY Porter was among the first movers in the hyperlocal...

How Snitch Stitched An INR 500 Cr Revenue Run In 5 Years

SUMMARY Founded in 2019, Snitch is a men-focussed fast-fashion brand...