Tag: News

Saudi EXIM Bank targets African markets with 4 new MoUs 

Deals come as Saudi exports to Africa surged 20.6% year on year to SR7.84 billion in March Saudi delegation held in-depth discussions with leaders of...

Top 30 startups announced for VivaTech 2025 Innovation of the Year Award

The Innovation of the Year Award celebrates the boldest and most visionary startups exhibiting at VivaTech 2025. Open to all exhibiting companies, the award...

Karat Financial is bringing business banking to creators

Karat Financial, the company known for its credit cards for creators, is launching a creator-focused business banking product. Powered by digital bank Grasshopper, Karat’s banking product...

Lightspeed backs Indian home services startup Snabbit as the next big consumer trend

Home services in India — whether it is cleaning, dishwashing, or laundry — have traditionally been offline and informally run. This has often resulted...

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...

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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...