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Saudi Arabia Launches Advanced Mortgage Finance Platform to Support Housing Market Growth

Under the patronage of the Minister of Municipal and Rural Affairs and Housing, Saudi Arabia announced an agreement to establish an Advanced Mortgage

Under the patronage of the Minister of Municipal and Rural Affairs and Housing, Saudi Arabia announced an agreement to establish an Advanced Mortgage Finance Platform. This initiative is a major step in supporting the next phase of growth in the Kingdoms housing and credit markets. The Real Estate Development Fund REDF is collaborating with the Saudi Real Estate Refinance Company and other partners on the project. The platforms creation is part of a broader strategy to develop a worldclass servicing infrastructure, aiming to streamline and digitize the mortgage process. This move is crucial for enhancing liquidity and stability in the housing market, aligning with the national vision to increase homeownership among Saudi citizens. Read More..

B2B Tech News | 1 months ago        

‘Good News Coming’ Commerce Minister Hints IndiaUS Trade Pact Nearing Finalisation on Equitable Terms

India’s Commerce and Industry Minister, Piyush Goyal, today indicated that an announcement on the proposed IndiaUS trade pact is imminent, stating t

India’s Commerce and Industry Minister, Piyush Goyal, today indicated that an announcement on the proposed IndiaUS trade pact is imminent, stating that "you will hear good news" once the two sides reach a "fair, equitable and balanced" agreement. Speaking at the IndoUS Economic Summit, the Minister stressed that any commitment would not come at the expense of key domestic sectors, particularly farmers and fishermen. Discussions have focused on reciprocal trade, including US tariffs on Indian goods and Indias position on Russian oil purchases. Both countries aim to significantly enhance bilateral trade, with the goal of raising the value of goods and services trade to $500 billion by 2030. Read More..

B2B Tech News | 1 months ago        

Wall Street Extends Losses Ahead of Nvidia Earnings and Delayed US Jobs Report

US stocks closed sharply lower as investors braced for a critical week dominated by key earnings and delayed economic data. The Dow Jones, S&P 500, an

US stocks closed sharply lower as investors braced for a critical week dominated by key earnings and delayed economic data. The Dow Jones, S&P 500, and Nasdaq Composite all recorded drops of around 1% on Monday, November 17, 2025. The S&P 500 notably traded below its 50day moving average for the first time in months, signaling a technical correction. Anxiety centers on Wednesdays earnings report from chipmaker Nvidia, the worlds most valuable company, amid concerns that AI exuberance has pushed valuations to unsustainable levels. Additionally, investors are awaiting the longdelayed September US jobs report on Thursday, which will provide the first concrete look at the health of the consumer economy after the government shutdown. Read More..

B2B Tech News | 1 months ago        

Venezuela Keen to Boost Cooperation and Attract Indian Investment in Critical Minerals Sector

Venezuela has expressed a strong interest in expanding its economic relationship with India beyond the traditional oil sector, specifically seeking gr

Venezuela has expressed a strong interest in expanding its economic relationship with India beyond the traditional oil sector, specifically seeking greater cooperation in the critical minerals sector and aiming to attract Indian investments. The matter was discussed in a meeting between Indias Minister of Commerce and Industry, Piyush Goyal, and Venezuela’s Minister of Ecological Mining Development, Hector Silva. Minister Goyal emphasized the immediate need to reactivate the IndiaVenezuela Joint Committee Mechanism, which has not met in a decade, to facilitate deeper collaboration in mining and exploration, building on ONGCs existing operations. Goyal also highlighted opportunities for cooperation in the automobile sector and suggested that Venezuela accept the Indian Pharmacopeia to boost pharmaceutical trade. Venezuela has expressed a strong interest in expanding its economic relationship with India beyond the traditional oil sector, specifically seeking greater cooperation in the Read More..

B2B Tech News | 1 months ago        

Inaugural Bloomberg Africa Business Summit Kicks Off in South Africa, Focused on Unlocking Investment Potential

The inaugural Bloomberg Africa Business Summit began today in South Africa, held as an official sideline event of the B20 South Africa 2025. The twoda

The inaugural Bloomberg Africa Business Summit began today in South Africa, held as an official sideline event of the B20 South Africa 2025. The twoday summit brings together over 400 senior leaders from global business, finance, government, and technology under the theme, "Unlocking Africas Investment Potential." Discussions are set to focus on crucial topics, including evolving investment trends, geopolitical shifts influencing African trade, the rapid rise of AI adoption, and the continents energy transformation driven by critical minerals. The summit aims to foster dialogue and collaboration at a critical juncture, highlighting Africas increasing importance in the global economy and its pivotal growth period. Read More..

B2B Tech News | 1 months ago        

Marico’s Consolidated Net Profit Sees Marginal Decline in Q2 FY26 Despite 7% Volume Growth in India Business

Marico, the FastMoving Consumer Goods FMCG major and maker of Parachute coconut oil, reported a marginal decline in its consolidated net profit for th

Marico, the FastMoving Consumer Goods FMCG major and maker of Parachute coconut oil, reported a marginal decline in its consolidated net profit for the second quarter of the fiscal year 2026 Q2 FY26. Despite the profit dip, the companys crucial India business recorded a healthy 7 per cent volume growth during the quarter, indicating strong consumer demand for its core products. The company remains optimistic, expecting this positive volume momentum to continue into the second half of FY26. Maricos management is focusing on cost efficiencies and strategic pricing to mitigate inflationary pressures and boost overall profitability in the coming quarters. Read More..

B2B Tech News | 1 months ago        

Senior US Official Signals Positive Developments in Trade Negotiations with India, Deal Possible This Year

Washington has signaled significant progress in ongoing trade negotiations with India, with a senior U.S. official noting "a lot of positive developme

Washington has signaled significant progress in ongoing trade negotiations with India, with a senior U.S. official noting "a lot of positive developments" that suggest a reciprocal trade agreement could be reached before the end of the year. The talks are primarily focused on balancing tariffs and market access for goods and services in both countries. Another key component is the discussion around Indias purchase of Russian oil, where the official indicated improvements while stressing that more work remains. Bilateral trade between the two nations reached approximately $190 billion in 2024, and the successful finalization of a deal would further solidify the strategic economic partnership, potentially leading to tariff reductions on Indian imports. Read More..

B2B Tech News | 1 months ago        

Indian Markets Set for Positive Start as Gift Nifty Rises 50 Points on Global Optimism

Indian equity markets are expected to open higher on November 17, 2025, with the Gift Nifty futures trading 50 points higher, signaling a positive sta

Indian equity markets are expected to open higher on November 17, 2025, with the Gift Nifty futures trading 50 points higher, signaling a positive start. The domestic market sentiment is strongly supported by global factors and the recent definitive outcome of the Bihar State elections, which analysts view as adding political stability to the central government. Technically, the Nifty 50 is expected to test the 26,000 to 26,100 resistance band this week. Key market triggers for the coming week include the release of the US Federal Feds meeting minutes and ongoing developments in the IndiaUS trade deal. Read More..

B2B Tech News | 1 months ago        



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