Tag: News

Economy

Saudi Arabia’s M&A boom: Shaping a future-ready economy for Vision 2030

the financial -
Kingdom recorded 224 mergers and acquisitions deals valued at $ 7.6 billion in the first half of 2024 RIYADH: Amid the mergers and acquisitions boom in...
Banking

Banking shares drag Nifty Bank lower by 3% as Trump tariffs trigger recession fears

the financial -
ICICI Bank shares fall 4%, while HDFC Bank shares are down 3% contributing the most to the decline on Nifty Bank index. Banking shares fell on...
Business

Saudi Arabia launches April round of Sah savings bonds with 4.88% return  

the financial -
JEDDAH: Saudi Arabia has launched the fourth round of its Sah savings product for 2025, offering a 4.88 percent return for April under the...
Business

Saudi Arabia sees record $41bn in inbound tourism spending as Vision 2030 projects come to life

the financial -
RIYADH: Inbound tourism spending in Saudi Arabia surged to a record SR153.61 billion ($40.95 billion) in 2024, marking a 13.82 percent annual increase, according...
Banking

EPFO auto settlement limit to be increased to Rs 5 lakh: Check key details before advance withdrawal

the financial -
The Employees' Provident Fund Organisation (EPFO) is expected to increase the auto-settlement of advance claims (ASAC) limit by fivefold, from Rs 1 lakh to...
Banking

Income tax cuts, RBI’s repo rate reduction and more: Here’s how April will impact your wallets

the financial -
With a host of financial changes set to take effect in April here's a quick guide to the developments that are bound to affect...
Crypto

Nestle, Hindustan Unilever shares decline up to 2% after BofA downgrades FMCG stocks

the financial -
Nestle India and Hindustan Unilever shares fell after BofA downgraded the stocks to 'underperform' from 'neutral' and 'neutral' from 'buy' The shares of FMCG majors Nestle and...
Business

Saudi firms announce 2024 financial results amid Eid trading break 

the financial -
RIYADH: Multiple companies have released their financial results for 2024 despite the Saudi market remaining closed for trading due to the Eid Al-Fitr holiday,...
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Banking

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

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

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

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

Global Markets: Stocks set for tough week, oil eyes strong gains as Middle East war rages

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Oil prices set for largest weekly rise since Russia’s...
Business

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)...
Spotlight-star

When AI Speaks for Your Brand, Who Owns the Trust

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Trust Has Become a Strategic Asset In 2026, the question...

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