Tag: News

GCC banks face limited tariff exposure but vulnerable to oil price declines: Fitch

RIYADH: Gulf banks face minimal direct impact from new US tariffs, but remain exposed to broader risks stemming from weaker oil prices and slowing...

Closing Bell: Saudi markets edge higher as TASI closes at 11,617

RIYADH: Saudi Arabia’s stock market ended Tuesday’s session on a positive note, with the Tadawul All Share Index posting modest gains amid mixed performance...

TCS CEO Krithivasan expects tariff ‘uncertainty’ to be ‘resolved soon’: Report

The CEO says a $50-billion revenue target by 2030 is still a 'possibility'Tata Consultancy Services’ chief executive officer K Krithivasan believes the IT major...

Closing Bell: Saudi main index closes in green at 11,502 

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 405.89 points, or 3.66 percent, to close at 11,502.54.  The total trading turnover of...

Turning US tariffs into opportunities for the Middle East

GCC states shift toward more regional integration as the region tilts toward a more balance, multi-polar trade approach JEDDAH: The US’s imposition of tariffs on several...

Symbols of power: Saudi Arabia and UAE stamp their marks on global finance

RIYADH: In a display of economic ambition, Saudi Arabia and the UAE have unveiled new currency symbols for the riyal and dirham, marking a...

Titan posts 25% revenue growth in Q4 FY25, driven by strong gold jewellery and watch sales

Its jewellery division, which contributes over three-fourths of the revenue, reported a 24 per cent growth in the domestic market on the back of...

US markets rebound from tariff turmoil, trade strong though below intraday highs

US President Donald Trump, in a post on Truth Social, said he had a "great call" with South Korea’s acting president and claimed that...

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UAE loan rates to rise? Escalating Iran-US conflict clouds next interest rate cut

Surging crude prices test central bank plans and household...

Emirates NBD waives ATM withdrawal and debit card fees across UAE and GCC

Bank removes charges on withdrawals and debit card replacements...

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...