Tag: News

Bootstrapped startup Spalba says it is aiming for Rs 100 crore revenue by FY26

Spalba, a SaaS-enabled B2B venue marketplace, is setting its sights on a Rs 100 crore turnover by FY26, after closing FY25 with Rs 60 crore...

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:...

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IN-SPACe picks Astrobase, SatSure and TM2SPACE as first recipients of Technology Adoption Fund

The Indian National Space Promotion and Authorisation Centre, on...

Abu Dhabi Customs showcases ‘Invisible Customs’ project at WCO workshop

At the invitation of the World Customs Organization (WCO),...

World Cup expected to be the biggest betting event in history

The Fifa Men's World Cup is set to be...

Bitcoin On Ethereum? Circle Launches cirBTC on ETH Targeting $9B WBTC Market

Bitcoin News: Circle has launched cirBTC, a 1:1 BTC-backed...

Emirati startup founders unveil AI-powered innovations at Hub71 Impact 2026

Emirati startup founders showcased AI-powered and advanced technology solutions...