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CAIRO: Startups in Egypt have started to gain momentum with several ventures securing funding to boost expansion efforts to the Kingdom.  Following a period of startup funding stagnation, Egyptian founders have made their way back to the regional venture capital space with a flurry of investment deals and expansion strategies already in place.  Egyptian fintech startup Waffarha has secured a...

RIYADH: Dutch-based automobile manufacturing corporation Stellantis is planning to expand its product range in Saudi Arabia by introducing smart cars and light commercial vehicles into the market, an official has revealed.  In an interview with Arab News, Samir Cherfan, chief operating officer of Stellantis in the Middle East and Africa, said that the company’s Dare Forward 2030 plan aims to...

Foreign exchange reserves also include Indias reserve tranche position in the International Monetary Fund.

ALULA: Saudi Arabia, the UAE and Qatar provided the big winners on Day 2 of the second annual AlUla Camel Cup. Held in unseasonably hot conditions, Thursday’s competition consisted of two 5 km categories, the Hagayeg and the Lagaya, with two races run in each. Saudi Arabia’s Minister of Interior Prince Abdulaziz bin Saud bin Naif won the first Hagayeg...

Rakshit Choudhary promoted to co-CEO, partnering with Founder and CEO Jean-Yves Sireau. ...

SYDNEY, April 26 — Australia’s former conservative prime minister Scott Morrison has revealed he took medication for “de......

The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global events, but there had been a steady accretion over the past few months.

KUALA LUMPUR: The ringgit ended the week on a better footing against the US dollar, likely due to the lower-than-expected first quarter US gross domestic product (GDP) data.

Michael Philip Atkins, 51, was extradited from the United States to Singapore in March 2023.

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