Tag: News

Saudi fund signs $10m loan for renewable energy project in Solomon Islands

Deal will help island nation reduce its reliance on conventional energy Since 1974, SaudFund for Development has financed 800 projects worth more than $21bn RIYADH: The...

Trade setup for April 9: Top 15 things to know before the opening bell

The bullish divergence is raising hopes for a further rally. According to experts, if the Nifty 50 manages to extend its northward journey, the...

Bulk & Block deals: Tata Mutual Fund offloads 0.53% equity in Sonata Software

New Berry Advisors Ltd sold 21.85 lakh shares of AGS Transact Technologies at an average price of Rs 6.88, representing a 1.7 percent stake...

Closing Bell: Tadawul climbs 109 points as Gulf bourses rebound 

RIYADH: Saudi Arabia’s main equities index rose for a second straight session on Tuesday, tracking a broader rebound across Gulf markets after recent declines.  The...

Saudi Arabia proposes new investment product to boost Nomu listings

New SPAC framework aims to enhance private sector access to public markets RIYADH: Saudi Arabia is exploring the introduction of a new investment product in...

GCC markets provide strong hedge against global economic chaos

EFG Hermes forecasts strong growth citing strategic diversification DUBAI: Amid the ongoing global economic turbulence, the Gulf Cooperation Council region has demonstrated resilience, emerging as...

UAE sets tax nexus rules for non-resident investors in real estate, funds 

RIYADH: The UAE has issued new guidelines that clarify when foreigners and non-residents will be treated as having a taxable presence in the country when...

Fintech’s Green Lie: Why Your Sustainable Investments Might Be a Scam

In 2025, sustainable finance has firmly established itself as a central pillar of global investment strategies, with environmental, social, and governance (ESG) factors driving...

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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...