Tag: 2025

ADCB profit jumps 22% in 2025 as assets climb to Dh774b, dividend proposed

Abu Dhabi lender posts Dh11.45b profit as loans, deposits, and revenues riseDubai: Abu Dhabi Commercial Bank reported a net profit after tax of Dh11.445...

UAE adds 250,000 new companies in 2025, eyes 2 million in the next decade

Flexible policies and new laws supporting business growth and expansion in new sectors have been major contributors to 5% economic growth in 2025 The UAE...

UAE cements position among world’s fastest-growing economies in 2025

Non-oil foreign trade rose 24.5 per cent in the first half of 2025 to Dh1.7 trillion, around 14 times the global growth rate The United...

Saudi Arabia to unveil $2bn in SME initiatives at Biban 2025  

RIYADH: Saudi Arabia’s Small and Medium Enterprises General Authority will unveil $2 billion in initiatives and agreements across technology, tourism, entertainment, education, and financial...

Meesho IPO: Ecommerce platform files updated papers for $800 million IPO; eyes December 2025 listing

Synopsis Meesho IPO scheduled for December 2025. The ecommerce company aims to raise approximately Rs 5,800 to Rs 6,600 crore. This move will make Meesho...

Middle East VC defies global slowdown with record $2.77bn raised in first 9 months of 2025

RIYADH: Venture capital funding in the Middle East surged to a record $2.77 billion in the first nine months of 2025, defying a global...

IMF raises Saudi growth forecast to 4% for 2025 and 2026 

RIYADH: The International Monetary Fund has raised Saudi Arabia’s economic growth forecast to 4 percent for both 2025 and 2026.  In its October World Economic...

ET Soonicorns Summit 2025: From AI-led demand forecasting to meat sentiment—why Licious built its own supply chain

Synopsis “Nobody gets traumatised by a bad rajma or tomato. But with meat, it happens.” At the ET Soonicorns Summit 2025 finale fireside chat, Abhay...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

MeltPlan, a pre-construction AI platform, today said it has...

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

Gushwork, an agentic AI startup raised a $9 million...

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...