Tag: News

Business

AMCs likely to see decline in equity AUMs on QoQ basis amid market correction

the financial -
AMCs are expected to see a sharp sequential decline in equity AUMs for Q4 due to market corrections, with mid- and small-cap-focused schemes hit...
Banking

All is well? Days after derivatives loss, IndusInd Bank raises Rs 11,000 crore CDs to boost liquidity

the financial -
The new liquidity measure comes days after the Reserve Bank of India said that the country’s fifth largest private bank has satisfactory level of...
Business

Saudi Arabia raises $704m through sukuk issuances in March 

the financial -
Issuance divided into four tranches, with first one valued at SR364 million and set to mature in 2027 Latest riyal-denominated offering follows an SR3.07 billion...
Business

First Tick: Here are the top global cues for today’s trade

the financial -
The Foreign institutional investors (FIIs) sold equities worth Rs 1096 crore on March 19, while Domestic institutional investors (DIIs) purchased equities of Rs 2140...
Economy

Saudi Arabia dominates Forbes’ 2025 list of MENA’s most valuable banks

the financial -
Financial institutions from the Kingdom made up nearly a third of the total $600.8 billion market capitalization of the listed banks Al-Rajhi Bank retained its...
Business

UK’s Prudential Plc announces health insurance JV with HCL Group

the financial -
Amar Joshi, an industry veteran, will be leading the JV entity. UK’s Prudential Plc announced a health insurance joint venture with India-based HCL Group on...
Banking

How Saudi banks’ solid risk management counters liquidity pressures 

the financial -
Banks maintained profitability despite rising funding costs, fueled by intensified deposit competition and increased reliance on external borrowing Alvarez & Marsal highlighted strong credit quality...
Economy

India to grow 6.5% in FY26; rising uncertainty to bring down global growth, says Fitch

the financial -
The rating agency kept India’s FY26 forecast unchanged at 6.5 percent while projecting a higher 6.3 percent growth for FY27 from 6.2 percent in...
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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)...
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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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