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Arab stock markets see mixed performance in Feb. amid global uncertainty, geopolitical tensions

RIYADH: Arab financial markets showed a mixed performance in February, influenced by global economic uncertainties, geopolitical tensions, and fluctuating investor sentiment, according to a...

Financial Inclusion or Illusion? Is Fintech Truly Reaching the Unbanked?

In 2025, fintech has become more than just a buzzword—it's the heartbeat of financial transformation. With smartphones penetrating even the most remote communities and...

Gold rates in India on March 25: Here’s how much the yellow metal costs in your city today

While 24-carat gold is a 100 percent pure form of gold with no trace of any other metal, the 22-carat variant has 91.67 percent...

Closing Bell: Saudi main index closes in red at 11,706

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Tuesday, as it shed 71.87 points, or 0.61 percen,t to close at 11,706.21.  The total trading...

Goldman Sachs’ top 10 India picks: HDFC Bank, Titan, M&M among key bets

Goldman Sachs chose 10 stocks for its top bets across financials, consumer, industrials, and clean energy sectors, expecting strong growth and good returns. Goldman Sachs...

Riyadh municipality unveils new investment opportunities across key sectors 

JEDDAH: Riyadh has unveiled new investment opportunities for 2025, covering commercial, residential, retail, industrial, and leisure projects to boost the city’s economy and development.  The...

Global borrowing hits $25tn in 2024, raising debt sustainability fears: OECD 

RIYADH: Global borrowing hit a record $25 trillion in 2024, a $10 trillion surge from pre-pandemic levels, sparking concerns over sustainability, a new report...

Saudi Arabia’s PIF at forefront as Gulf wealth funds approach $18tn by 2030

RIYADH: Saudi Arabia’s sovereign wealth fund and five of its regional counterparts are on track to control $18 trillion in assets by 2030, marking...

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

RIYADH: Electronic payments made up 79 percent of all...

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

RIYADH: Despite rising global trade tensions and heightened market...

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

RIYADH: Saudi Arabia’s asset management industry grew by 20...

Mortgage securitization can offer Saudi banks funding boost: Fitch  

RIYADH: Saudi banks could unlock additional funding and expand...

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

Bullion remains heavily supported by a broadly weaker dollar,...