{ }
Very Negative
Negative
Neutral
Positive
Very Positive
2025-05-242025-05-242025-05-292025-05-292025-05-302025-05-301334433221100
Download SVG
Download PNG
Download CSV
Somewhat Relevant
Moderately Relevant
Very Relevant
Highly Relevant
2025-05-242025-05-242025-05-292025-05-292025-05-302025-05-30122114433221100
Download SVG
Download PNG
Download CSV

Scaler appoints new CFO as it navigates edtech industry transformation

Scaler has appointed Abhinav Vijayvargiya as its new CFO, succeeding Tapan Jindal. With 14 years of finance leadership experience, including roles at Swiggy and Khatabook, Vijayvargiya's expertise aligns with Scaler's focus on sustainable growth amid a shifting edtech landscape. The company has also acquired four startups to enhance its technical offerings, reflecting a strategic move to strengthen its position in the competitive market.

Asia launches first Saudi sukuk ETF in Hong Kong to boost investment ties

Hong Kong has launched Asia’s first ETF tracking Saudi sovereign sukuk, the Premia BOCHK Saudi Arabia Government Sukuk ETF, listed on the Hong Kong Stock Exchange. This initiative, approved by the Securities and Futures Commission, aims to enhance financial cooperation between East Asia and the Middle East, coinciding with the Capital Markets Forum focused on boosting cross-border investment.The ETF, managed by Premia Partners, includes riyal- and US dollar-denominated sukuk and offers quarterly distributions with a fee cap of 0.35%. The launch reflects Saudi Arabia's commitment to elevating its capital markets globally, aligning with its Vision 2030 strategy to attract foreign investment.

Saudi Arabia and China deepen economic ties with new investment opportunities

Saudi Arabia is actively promoting investment opportunities for Chinese investors in sectors like infrastructure, tourism, and industry, as highlighted by Finance Minister Mohammed Al-Jadaan. The two nations are enhancing economic ties, with Saudi exports to China reaching SR44.91 billion in the first quarter, while 57 agreements worth over SR14 billion were signed during the Saudi-Chinese Business Forum in May. Al-Jadaan emphasized the importance of financial integration and innovation to foster mutual prosperity and sustainable development.

Arab nations emerge as top global startup ecosystems in 2025

In 2024/2025, six Arab countries, including five from the GCC, ranked among the world's top startup ecosystems, reflecting a surge in entrepreneurship amid regional challenges. The UAE leads globally for the fourth year with a score of 7.1, followed by Saudi Arabia (4th globally, 6.3), Bahrain (7th, 5.8), Oman (8th, 5.7), Qatar (11th, 5.6), and Jordan (18th, 5.0). These nations are enhancing their entrepreneurial landscapes through strategic reforms and initiatives, attracting significant investment in sectors like fintech and e-commerce.

Arab nations rise as startup hubs amid global uncertainty and regional reforms

The Arab world is rapidly emerging as a startup hub, with six nations ranking among the top global ecosystems for 2024/2025, driven by government initiatives and a focus on sectors like fintech and e-commerce. The UAE leads with a score of 7.1, followed by Saudi Arabia at 6.3, benefiting from Vision 2030 reforms. Bahrain, Oman, Qatar, and Jordan also show significant progress, highlighting the region's entrepreneurial potential.

stitch secures 10 million funding to transform banking infrastructure in mena

Stitch, a Saudi Arabia-based startup founded in 2022, has successfully closed a $10 million seed round to modernize banking infrastructure in the MENA region. The platform enables businesses to launch and scale financial products more efficiently, addressing significant barriers in the market. With backing from prominent investors and major clients already leveraging its technology, Stitch aims to transform the financial ecosystem by providing a unified, API-driven solution tailored for modern needs.

Musk's Ventures Gain Momentum with U S Government Support and Contracts

Elon Musk's companies have seen significant benefits under the Trump administration, including reduced regulatory scrutiny and lucrative government contracts, particularly for SpaceX and xAI. Despite facing backlash and declining Tesla sales, Musk's net worth has surged, with his ventures gaining international traction, such as Starlink's expansion in Saudi Arabia. However, challenges remain, including tariffs and public disapproval, which have impacted Tesla's brand reputation.

Saudi Fund Halts Swiss Investments After Credit Suisse Crisis Fallout

Saudi Arabia's Public Investment Fund has halted investments in Swiss financial markets following the Swiss government's handling of the Credit Suisse crisis, which resulted in a sudden $17 billion write-off of AT1 bonds. This move has damaged Switzerland's reputation as a safe haven for investors, prompting concerns about the stability of its financial system, particularly with UBS's significant liabilities. The swift regulatory actions have led to a loss of trust among overseas investors, reshaping perceptions of risk in Swiss assets.

Middle East Emerges as Key Hub for Ultra Wealthy Family Offices

UBS' Benjamin Cavalli highlights a growing trend among ultra-high net worth individuals and their family offices to diversify their financial hubs, with increasing interest in the Middle East, particularly in Dubai, Abu Dhabi, and Saudi Arabia. Factors influencing their choices include strong rule of law, healthcare, education, and favorable tax environments. As geopolitical risks and investment opportunities evolve, the competition among regional centers intensifies.

US China Trade Tensions Rise Over AI Chips and Export Controls

Nvidia CEO Jensen Huang criticized US export controls on technology to China, claiming they hinder American competitiveness and bolster Chinese AI development. Despite a recent trade truce, tensions remain high, particularly over Huawei's advanced chips, as China accuses the US of unilateral bullying. Huang emphasized the potential $50 billion market in China, lamenting the financial losses from export restrictions.

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.