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Banking

GCC banks poised to weather global trade turbulence: S&P report

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RIYADH: Despite rising global trade tensions and heightened market volatility, banks across the Gulf Cooperation Council are expected to remain resilient, according to a...
Business

Saudi asset management industry hits $266bn, poised for further growth: Fitch Ratings 

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RIYADH: Saudi Arabia’s asset management industry grew by 20 percent year on year in 2024, pushing the sector’s total assets to SR1 trillion ($266...
Business

Gold rates on April 17: Precious metal hits all-time high; here’s how much it costs in your city today

the financial -
Bullion remains heavily supported by a broadly weaker dollar, uncertainty around tariff announcements and fears about growth slowdown," said Manav Modi from Motilal Oswal...
Banking

Keep UPI free, keep it fair

the financial -
India’s UPI, a public digital payment system, thrives on zero-cost, trust, and inclusion. Reintroducing fees or enabling market concentration risks undoing progress. This article...
Business

GCC banks face limited tariff exposure but vulnerable to oil price declines: Fitch

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RIYADH: Gulf banks face minimal direct impact from new US tariffs, but remain exposed to broader risks stemming from weaker oil prices and slowing...
Business

Closing Bell: Saudi markets edge higher as TASI closes at 11,617

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RIYADH: Saudi Arabia’s stock market ended Tuesday’s session on a positive note, with the Tadawul All Share Index posting modest gains amid mixed performance...
Business

Saudi finance minister calls for flexible Arab cooperation amid global challenges

the financial -
RIYADH: Saudi Arabia has reaffirmed its commitment to strengthening joint Arab financial cooperation, with a leading minister emphasizing the Kingdom’s support for regional bodies. At...
Business

TCS CEO Krithivasan expects tariff ‘uncertainty’ to be ‘resolved soon’: Report

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The CEO says a $50-billion revenue target by 2030 is still a 'possibility'Tata Consultancy Services’ chief executive officer K Krithivasan believes the IT major...
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Trident Growth Partners, led by former Premji Invest and IFC investors, secure Rs 1,000 cr in debut fund

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Economy

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

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

Saudi crude output hits 8.95m bpd: JODI data 

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