Tag: The Financial

GCC banks post record $15.6bn profit in Q1 amid lending boom, stable forecast

RIYADH: Gulf Cooperation Council banks posted $15.6 billion in net profit for the first three months of 2025, a 7.1 percent rise from the...

Fintech firms powering MSMEs via digital public infra, says FM Sitharaman

Finance Minister during her visit to Indian fintech company Pine Labs lauded fintech firms’ contribution to expanding country's Digital Public Infrastructure (DPI)India’s fintech sector...

Saudi authority approves new guidelines for sustainable debt instruments 

RIYADH: Saudi Arabia’s Capital Market Authority has approved new guidelines for issuing green, social, sustainable, and sustainability-linked debt instruments. These guidelines, which came into effect...

Saudi startup Ejari plans to scale as demand grows

Rent-now, pay-later platform to build full-service real estate ‘super app’ RIYADH: Property tech startup Ejari aims to build a full-service real estate “super app” as it...

Security startup Horizon3.ai is raising $100M in new round

Horizon3.ai, a cybersecurity startup that provides tools like autonomous penetration testing, is seeking to raise $100 million in a new funding round and has...

Startup Wrap — Saudi capital driving SME growth amid rising AI and tech demand

RIYADH: Startups across the Middle East and North Africa continued to attract significant investment in the past week, with Saudi Arabia emerging as the...

Closing Bell: Saudi main index closes higher, gains 76 points  

MSCI Tadawul 30 Index climbed 14.22 points, or 1.01%, to 1,416.62 Parallel market Nomu fell 237.23 points, or 0.88%, to 26,780.54 RIYADH: Saudi Arabia’s Tadawul All...

Closing Bell: Saudi main index slips to close at 10,999 

Parallel market Nomu dropped 242.96 points to close at 27,017.77 MSCI Tadawul Index declined 26.41 points to end at 1,402.40 RIYADH: Saudi Arabia’s Tadawul All Share...

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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...