Tag: The Financial

The $35 Billion Opportunity: How Generative AI is Reshaping the GCC Economy

Generative AI (GenAI) is reshaping the Gulf Cooperation Council (GCC) region's business landscape, offering significant economic opportunities and driving innovation. Below is an overview...

MENA tech startups close significant funding rounds

Strategic investments boost investor confidence in startup landscape RIYADH: A series of significant funding rounds and strategic investments have bolstered the Middle East and North Africa...

​​Digital shift keeps Saudi credit card borrowing above $8bn and just 2% below record level

RIYADH: Credit card loans from Saudi banks posted their second-highest figure on record in the first quarter of 2025, after an annual rise of...

Saudi Arabia holds many ‘promising investment opportunities’ for Chinese investors, says finance minister  

Mohammed Al-Jadaan emphasized the significance of both countries’ roles in the global economy Discussions included areas such as tax policy, capital markets, and banking regulations RIYADH:...

Samsung may invest in $100M round for medical imaging startup Exo

Samsung’s venture investment unit is looking to invest in California-based medical device startup, Exo, in a round that could climb to $100 million, Bloomberg reported,...

Saudi EXIM Bank targets African markets with 4 new MoUs 

Deals come as Saudi exports to Africa surged 20.6% year on year to SR7.84 billion in March Saudi delegation held in-depth discussions with leaders of...

Top 30 startups announced for VivaTech 2025 Innovation of the Year Award

The Innovation of the Year Award celebrates the boldest and most visionary startups exhibiting at VivaTech 2025. Open to all exhibiting companies, the award...

Karat Financial is bringing business banking to creators

Karat Financial, the company known for its credit cards for creators, is launching a creator-focused business banking product. Powered by digital bank Grasshopper, Karat’s banking product...

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Porter’s 10-Year Grind: From Intracity To An INR 2.8K Cr Pan-India Logistics Business

SUMMARY Porter was among the first movers in the hyperlocal...

How Snitch Stitched An INR 500 Cr Revenue Run In 5 Years

SUMMARY Founded in 2019, Snitch is a men-focussed fast-fashion brand...

Zee Invests In Content Startup Bullet To Enter Microdrama Universe

SUMMARY Zee Entertainment is investing in content startup Bullet to...

Non-oil sector drives Saudi Arabia’s GDP growth to 3.4% in Q1: GASTAT 

Wholesale and retail trade, restaurants, and hotels lead at...

This startup aims to replace Rs 4,000/month AI tools with AI agents you can hire like freelancers

In the last two years, artificial intelligence has become...