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AMCs likely to see decline in equity AUMs on QoQ basis amid market correction

AMCs are expected to see a sharp sequential decline in equity AUMs for Q4 due to market corrections, with mid- and small-cap-focused schemes hit...

The Bharat Fintech Story: Real Progress or Another Investor Bubble?

India’s fintech boom has long dazzled urban consumers, but as of 2025, the narrative is shifting dramatically toward rural India—or as marketers affectionately call...

All is well? Days after derivatives loss, IndusInd Bank raises Rs 11,000 crore CDs to boost liquidity

The new liquidity measure comes days after the Reserve Bank of India said that the country’s fifth largest private bank has satisfactory level of...

Saudi Arabia raises $704m through sukuk issuances in March 

Issuance divided into four tranches, with first one valued at SR364 million and set to mature in 2027 Latest riyal-denominated offering follows an SR3.07 billion...

Bengaluru Fintech Future Summit for Industry Professionals: Shaping the Future of Finance in 2025

In the heart of India’s Silicon Valley, Bengaluru is once again poised to lead the charge in financial innovation. The Fintech Future Summit 2025...

First Tick: Here are the top global cues for today’s trade

The Foreign institutional investors (FIIs) sold equities worth Rs 1096 crore on March 19, while Domestic institutional investors (DIIs) purchased equities of Rs 2140...

Saudi Arabia dominates Forbes’ 2025 list of MENA’s most valuable banks

Financial institutions from the Kingdom made up nearly a third of the total $600.8 billion market capitalization of the listed banks Al-Rajhi Bank retained its...

Closing Bell: Saudi main index edges down 0.7% to close at 11,709

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Wednesday, as it shed 82.97 points or 0.70 percent to close at 11,709.43. The total trading...

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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,...