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Saudi Arabia emerging as an economic ‘powerhouse,’ says top IMF official

Saudi Arabia’s role in the international financial system is growing, solidifying its position as...

China EV maker Nio to spin off its battery production unit

Chinese electric vehicle maker Nio (9866.HK) plans to spin off its...

Don’t Be Fooled: Why India’s Fintech Explosion Needs a Closer Look

India’s fintech industry has emerged as a global powerhouse,...

Featured

It is time to target alpha in market’, Prateek Agrawal

The inflows into mutual fund industry has been growing leaps and bounds which has helped small and medium sized fund houses to grow faster...

Saudi Arabia accelerates digital transformation with new transport initiatives

Saudi Arabia’s Ministry of Transport and Logistics has taken a significant step forward in its digital transformation with the launch of a new Digitalization...

UAE economy to be ‘star performer’ in the region — Swiss bank

A favourable oil output agreement with the Organisation of the Petroleum Exporting Countries (Opec) and a thriving service sector should make the UAE the...

Air taxis: Abu Dhabi stakeholders, Archer enter deal

Archer Aviation has entered into a multi-party collaboration agreement with key UAE and Abu Dhabi entities to advance the establishment of electric air taxi...

Saudi Arabia boosts R&D spending to $6bn in 2023 amid Vision 2030 push 

Saudi Arabia ramped up its research and development spending to SR22.61 billion ($6.02 billion) in 2023, marking a 17.4 percent increase from the previous...

Saudi Arabia’s endowment investment funds set record with over $267m in net assets

Net assets of licensed endowment investment funds in Saudi Arabia reached a record SR1 billion ($266.67 million) in 2024, marking a 29.3 percent increase...

PIF, Google Cloud to set up global AI hub in Saudi Arabia

Saudi Arabia's sovereign wealth fund PIF has announced that it has sealed a strategic partnership with Google Cloud for the establishment of a global...

Wall St Week Ahead: Investors look to earnings to support record-high stock prices

A high-stakes corporate earnings season kicks into gear this week, with bullish investors hoping results will justify increasingly rich valuations in a US stock...

GCC Statistical Center Praises Saudi Arabia’s Achievements on 94th National Day

The Gulf Cooperation Council Statistical Center praised the remarkable achievements made throughout Saudi Arabia during its 94-year journey, highlighting key statistics in various economic,...

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Opinion

Are Bengaluru’s Fintech Unicorns Too Good to be True? Inside the Startup City Frenzy

Bengaluru, long hailed as the Silicon Valley of India, is now the beating heart of a fintech revolution. With a vibrant...

Digital India: Are Government Initiatives Really Fuelling Fintech Growth or Just a Mirage?

India’s digital transformation narrative is nothing short of revolutionary. Government initiatives such as Aadhaar, UPI, and India Stack have been lauded...

Are Traditional Banks Losing the Cross-Border Race? Unmasking Fintech’s Real-Time Payment Revolution

In today’s hyper-connected economy, the evolution of cross-border payments isn’t just a trend—it’s a paradigm shift. Real-time payment systems, international remittance...

Overrated or Unstoppable? Revealing Bengaluru’s Secret to Fintech Dominance

Bengaluru, often hailed as the Silicon Valley of India, has evolved into a dynamic hub for global fintech innovation. With its...

Startup

Adani Green decides to withdraw from $1 billion projects in Sri Lanka

Adani Green, the renewable energy arm of the Adani...

Bench shuts down, leaving thousands of businesses without access to accounting and tax docs

Bench, a Canada-based accounting startup that offered software-as-a-service for...

$132K – $149K, here’s what seed-stage founders pay early employees, based on data

Once a startup has raised its seed round, the...

PalmPay and Jumia partner to develop Nigerian digital payment ecosystem

In an attempt to grow the use of the...

Tech-savvy Saudis push consumer fintech to new heights

Saudi Arabia’s tech-savvy population is pushing consumer fintech to...

Tesla in India looking to make about half million EVs annually

Tesla is discussing an investment proposal with the Indian government to set up a factory with an annual capacity to produce about half a...
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Saudi ACWA Power expands portfolio with $693m acquisitions in Bahrain, Kuwait

RIYADH: Saudi utility giant ACWA Power has strengthened its...

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

Currently, cigarettes and tobacco products attract a 28 percent...

HP Telecom India, Swasth Foodtech IPOs open for subscription today

On February 28, HP Telecom India will make its...

Fintech Future Summit 2025: Shaping the Future of Financial Innovation in Bengaluru, India

India 2025: The Rising Fintech Powerhouse India’s fintech sector is...

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

The share of cards in recurring payments went down...