Tag: News

Banking

UPI Autopay soars to new heights blazing past card transactions in recurring payments

the financial - 23 February, 2025

The share of cards in recurring payments went down from 42 percent in January 2024 to 31 percent this yearUPI Autopay, the recurring digital...

Finance

Closing Bell: Saudi main index closes in red at 12,317

the financial - 22 February, 2025

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 16.08 points, or 0.13 percent, to close at 12,317.59. The total trading turnover of the...

Business

India may hike GST on cigarettes, tobacco products after compensation cess ends: Report

the financial - 21 February, 2025

Currently, cigarettes and tobacco products attract a 28 percent GST, in addition to a compensation cess and other levies, taking the total indirect tax...

Business

Jeddah conference highlights Saudi-French archaeological discoveries on Farasan Islands

the financial - 20 February, 2025

JEDDAH: French archaeologist and researcher Solene Marion de Proce hosted a conference titled “The Saudi-French Archaeological Project in the Farasan Islands: Past and Present”...

Business

Saudi fintech lite secures $3.2m in pre-seed funding

the financial - 20 February, 2025

Saudi-based fintech startup lite has announced the successful closure of its pre-seed funding round, raising a total of $3.2 million. The round was led by Scene...

Business

Saudi Arabia unveils $7.7bn mining investments in Wa’ad Al-Shamal

the financial - 20 February, 2025

RIYADH: Saudi Arabia’s mining sector is poised for a major boost with nearly SR29 billion ($7.7 billion) in investments being directed toward the city...

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