Tag: News

Economy

Finance Ministry releases draft framework for developing Climate Finance Taxonomy

the financial -
India's climate finance taxonomy aims to facilitate greater resource flow to climate-friendly technologies and activities, enabling the country to achieve the vision of being...
Business

Saudi Arabia leads MENA startup funding in April with $158.5m  

the financial -
RIYADH: Saudi Arabia led startup funding across the Middle East and North Africa in April 2025, attracting $158.5 million across eight deals — accounting for...
Business

MENA firms raise $180m in 7-day funding blitz

the financial -
Activity reflects continued investor confidence in multiple sectors RIYADH: Startups across the Middle East and North Africa kicked off the second quarter of 2025 with a...
Business

Mouri Tech refiles draft papers for Rs 1,500-crore IPO

the financial -
Mouri Tech proposed to raise Rs 250 crore through selling new shares, while promoters and a selling shareholder plan to sell stock to the...
Banking

Saudi Arabia leads 106% rise in MENA IPO proceeds across Q1: EY

the financial -
RIYADH: Proceeds from initial public offerings across the Middle East and North Africa saw a 106 percent annual rise in the first quarter of...
Economy

Saudi POS spending hits $4bn, fueled by increased spending across all sectors

the financial -
RIYADH: Saudi Arabia’s point-of-sale transactions climbed 36.2 percent to SR15.4 billion ($4.1 billion) in the week ending May 3, driven by increased spending across all...
Economy

Saudi Arabia’s revised 2024 capital investment rises to $355bn, surpassing target by 38%

the financial -
RIYADH: Saudi Arabia’s gross fixed capital formation reached SR1.33 trillion ($355 billion) in 2024, reflecting a 4.5 percent annual increase, according to updated data released...
Business

India-UK FTA done and dusted but bilateral investment treaty still pending

the financial -
Talks on BIT are on but inclusion of taxation is a contentious issue. Officials are hopeful of sealing the deal this yearIndia and the...
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Global Markets: Stocks set for tough week, oil eyes strong gains as Middle East war rages

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Saudi POS spending rises 4.5% to $3.8bn in late February: SAMA

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RIYADH: Saudi Arabia’s point-of-sale spending rose 4.5 percent to SR14.5 billion ($3.8 billion)...
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Startup

Billionaire Deepinder Goyal raises $54 million for his new wearable startup Temple

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Weeks after stepping down as Group CEO of Zomato...
Finance

Saudi stocks plunge, other GCC markets set to open in negative territory

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Analysts believe that investors will be gravitated towards defensive...

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