Tag: News

From Disruption to Dominance: Is Fintech Really Reshaping Global Finance?

The financial world is undergoing a seismic shift, driven by the rise of fintech (financial technology). With advancements in embedded finance, artificial intelligence (AI),...

Saudi-UK aviation ties set for growth amid investment push

JEDDAH: Saudi Arabia aims to strengthen aviation ties with the UK as officials from both countries met to boost investment and collaboration, amid the...

MobiKwik Shares Rev Up 6.6% After Rolling Out CBDC Wallet, E-Rupee

SUMMARY Shares of MobiKwik soared 6.6% to INR 442.80 intraday on the BSE today (January 29) after it became the first fintech firm to roll...

Closing Bell: Saudi Arabia’s main index closes in green at 12,439

RIYADH: Saudi Arabia’s Tadawul All Share Index edged up on Wednesday, gaining 18.84 points, or 0.15 percent, to close at 12,439.48. The main index saw a total...

Saudi insurance industry thrives with 16.9% revenue growth

Revenues surge as motor, medical, and property coverage expand RIYADH: Saudi Arabia’s insurance sector saw a 16.9 percent year-on-year revenue growth in the third quarter...

GCC trade set to grow 5.5% annually, reaching $2.3 trillion by 2033: BCG report

China is set to emerge as the largest growth market for GCC trade, with exchange volumes increasing by $88 billion Japan follows closely, with an...

UAE, India, and China among top destinations for KSA’s non-oil goods

RIYADH: The UAE was the leading destination for Saudi Arabia’s non-oil exports in November, with outbound shipments to the Emirates reaching SR7.17 billion ($1.87 billion)...

Ambak, a fintech marketplace for home loans, raises $7 million from investors

Ambak, which claims to be India’s fastest-growing fintech marketplace for home loans, on Tuesday announced it raised $7 million in combined seed and pre-Series...

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Sharjah Islamic Bank approves 20% cash dividend

Abdul Rahman Al Owais, Chairman of the Board of...

Saudi Aramco 2025 net profit falls 12%

Saudi Aramco reported a decline in full-year 2025 net...

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...