Tag: News

Saudi Arabia’s private equity deals soar with $2.8bn in investments in 2024

RIYADH: Saudi Arabia’s private equity market reached $2.8 billion in total investments across 15 transactions in 2024, maintaining its billion-dollar scale despite a slowdown,...

MENA startups funding reaches almost $500m a month: report 

RIYADH: Investment in Middle East and North Africa startups surged nearly fivefold in February, with funding reaching $494 million across 58 deals, according to...

Saudi banks’ aggregate profit reaches $2.2bn: SAMA 

RIYADH: Saudi banks posted strong financial results in January, with aggregate profits rising 16 percent year on year to SR8.14 billion ($2.17 billion), according...

Pharma, IT stocks tumble up to 4% as Trump tariffs take effect

Tariffs are expected to make investors move away from export-sensitive stocks, including IT and pharma The shares of pharma and IT companies tumbled on March...

Is Bengaluru’s Fintech Ecosystem Really the Next Silicon Valley, or Just Another Startup Mirage?

Bengaluru, the buzzing heart of India’s tech industry, has quickly become one of the world’s most talked-about fintech hubs. Home to major players like...

Tata Motors, Tata Investment shares rise upto 3% amid buzz over Tata Capital eyeing $11 bn valuation

Tata Motors holds a nearly 4 percent stake in Tata Capital, while Tata Investment Corporation owns around 2 percent of the equity. Shares of Tata...

Over 1,300 Saudi industrial licenses awarded in 2024, attracting $13.3bn investment, latest figures show

JEDDAH: More than 44,000 new jobs are expected in Saudi Arabia after the Kingdom issued 1,346 industry licenses in 2024, an official report has...

Mutual fund corpus from women investors more than doubled in five years, smallcap funds the big winner, shows AMFI-Crisil study

The Indian mutual fund industry's witnessing continued rise in assets under management (AUM); equity assets maintain domination when it comes to investor preference in...

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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...