the financial

Top platform for impactful conferences, news, and networking opportunities. Stay Connected. Stay Informed. Stay Ahead with The Financial

Closing Bell: Saudi benchmark index edges up to close at 11,626 

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 73.62 points, or 0.64 percent, to close at 11,626.60.  The total trading turnover of...

Saudi finance firms lending surges to $26bn in 2024

Finance sector is evolving rapidly, with the emergence of fintech-driven players complementing traditional non-bank lenders RIYADH: Credit provided by finance companies in Saudi Arabia rose to...

Fintech on the Brink: Can Digital Finance Weather the Next Global Storm?

The meteoric rise of fintech over the past decade has been nothing short of revolutionary. From mobile wallets and instant digital lending to blockchain-driven...

US tariff escalation puts $22bn of Arab exports at risk, says ESCWA report

RIYADH: Arab countries could see up to $22 billion in non-oil exports affected by sweeping new US tariffs, with six economies facing the most...

Gold crosses Rs 95,000 for the first time: Should you buy, sell or hold?

Your asset allocation, rather than gold price movements, should dictate your investment calls, say financial advisors. They recommend a 10-15 percent allocation to gold...

Saudi Arabia leads GCC fixed income issuances in Q1: Markaz report 

RIYADH: Saudi Arabia dominated the Gulf’s primary debt market in the first quarter of 2025, raising $31.01 billion through 41 bond and sukuk issuances,...

Mortgage securitization can offer Saudi banks funding boost: Fitch  

RIYADH: Saudi banks could unlock additional funding and expand the Kingdom’s debt market by converting home loans into investment products, according to a recent...

E-payments account for 79% of Saudi retail transactions in 2024: SAMA

RIYADH: Electronic payments made up 79 percent of all retail transactions in Saudi Arabia in 2024, up from 70 percent the previous year, according...

Join Newsletter

Don't miss

ACWA Power secures $119m loan facility from Alinma Bank for new headquarters

RIYADH: Saudi utility giant ACWA Power has secured an...

SaaS startups raise AI budgets, go slow on hiring amid technology shift

From lean teams to smarter tools — AI is...

Trident Growth Partners, led by former Premji Invest and IFC investors, secure Rs 1,000 cr in debut fund

Backed by Ranjan Pai's family office Claypond Capital and...

Saudi Arabia tops emerging markets’ venture capital funding, overtakes Singapore 

RIYADH: Saudi Arabia has overtaken Singapore as the premier...

Saudi crude output hits 8.95m bpd: JODI data 

RIYADH: Saudi Arabia’s crude oil production rose to 8.95...