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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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...