Tag: News

Corporate activities drive Saudi bank loans to highest growth rate in 18 months

Corporate lending dominated the sector, making up around 54 percent RIYADH: Saudi bank loans reached SR2.82 trillion ($753.27 billion) in August, representing an annual growth...

Urgent Loan Apps: How they work and other key details to check before borrowing

Applying for a loan can be a hassle due to lengthy paperwork, credit checks and long waiting time for approval. Banks often take days...

OECD predicts 3.8% economic growth for Saudi Arabia in 2025

RIYADH: Saudi Arabia’s economy is poised for substantial growth, with its gross domestic product projected to increase from 1.2 percent in 2024 to 3.8...

Will India’s Fintech Dream Last Another Decade, or Crash Under Its Own Ambition?

As we hit the midway mark of this decade, India's fintech sector isn't just booming—it's exploding. With a record-breaking investment of over $10 billion...

Saudi Arabia’s top body reviews economic performance, global outlook

JEDDAH: Saudi Arabia’s Council of Economic and Development Affairs hosted a virtual meeting to discuss financial performance and global developments, focusing on improving public...

Mideast set for private equity boom amid global market revival: report

RIYADH: The Middle East is rapidly emerging as a prime destination for private equity investment, spurred by a global resurgence in dealmaking, according to...

Hold IndusInd Bank; target of Rs 750: Sharekhan

Sharekhan recommended Hold rating on IndusInd Bank with a target price of Rs 750 in its research report dated March 12, 2025. The bank’s internal...

Aramco’s CEO calls for new global energy model during CERAWeek address

Investments in all sources is needed,’ says Amin Nasser  DHAHRAN: Aramco’s president and CEO has called for a fundamental shift in global energy transition planning,...

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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...