Tag: News

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,...

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...

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DMCC plans new wealth tool for family offices and investors

DMCC is preparing to introduce a Foundations framework in...

Minister of Industry Meets with Korean Minister of Trade

Minister of Industry and Mineral Resources Bandar Alkhorayef met...

IN-SPACe picks Astrobase, SatSure and TM2SPACE as first recipients of Technology Adoption Fund

The Indian National Space Promotion and Authorisation Centre, on...

Abu Dhabi Customs showcases ‘Invisible Customs’ project at WCO workshop

At the invitation of the World Customs Organization (WCO),...

World Cup expected to be the biggest betting event in history

The Fifa Men's World Cup is set to be...