Tag: News

Sitharaman asks banks to ensure round-the-clock firewalling, prioritise cash in ATMs in review meet on cybersecurity

Phishing attempts are being closely monitored and bank employees have received internal alerts to boost cyber awareness, banks said. Amid escalating security concerns along India’s...

Finance Ministry releases draft framework for developing Climate Finance Taxonomy

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...

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

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...

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

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...

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

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

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

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

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

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...

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

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...

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Minister of Industry Meets with Korean Minister of Trade

Minister of Industry and Mineral Resources Bandar Alkhorayef met...

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...