Tag: News

Bitcoin, other cryptos rise after softer-than-expected US CPI data

The CPI rose 0.2% in February after surging 0.5% in the previous month. For the 12 months through February, consumer prices in the US...

Oil Updates — prices inch up despite tariff concerns, slowdown fears

SINGAPORE: Oil prices pared earlier losses to inch up during trade on Tuesday, despite concerns over a potential US recession, the impact of tariffs...

PB Fintech shares extend losses to nearly 10% in 2 days as Rs 696 crore healthcare investment fails to cheer investors

PB Fintech shares extended losses to nearly 10 percent in the last two trading sessions after the company's proposal to infuse Rs 696 crore...

Is India’s Fintech Boom Stuck on Payments, or Can Lending, Insurance, and Wealth Tech Truly Break Through?

India’s fintech narrative has long been dominated by payments. After all, with UPI transactions crossing a staggering ₹170 trillion in 2024 alone, it’s easy...

UAE to double FDI to $65.3bn with new investment strategy 

RIYADH: The UAE is planning to double its foreign direct investments to 240 billion dirhams ($65.35 billion) annually by 2031 — up from the 112 billion dirhams...

Saudi private sector powers $314bn investment boom, outpacing Vision 2030 target

RIYADH: Saudi Arabia’s gross fixed capital formation rose to SR1.18 trillion ($313.68 billion) in 2024, marking a 5.3 percent annual increase, recent data showed.  A...

IndusInd Bank: RBI stepped in after lender delayed provisioning by a year, says report

The stock crashed over 27 percent on March 11 after the bank said it found some discrepancies in its forex derivative portfolio, which could...

Saudi riyal symbol: strategic step toward global financial standing

New symbol signals Kingdom’s commitment to align its financial practices with international standards JEDDAH: Saudi Arabia’s unveiling of a new symbol for the riyal has been...

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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...