Tag: 2025

UAE, Saudi Arabia forecasted for strong credit growth in 2025: Report

The increase will be supported by continued expansion in the non-oil sector Saudi Arabia and the UAE are expected to post strong credit growth next year...

Saudi Arabia’s non-oil economy to grow 4.4% in 2025: PwC

Kingdom’s non-oil economy expanded by 3.8% in first half of 2024 Saudi Arabia is aligning its economic diversification efforts with sustainability goals RIYADH: Saudi Arabia’s non-oil...

GCC banks to remain resilient in 2025 despite anticipated rate cuts: S&P Global

S&P Global predicts a manageable impact on bank margins GCC banking sector’s strong efficiency provides solid foundation for continued growth and resilience through 2025 RIYADH: Banks...

IMF predicts slightly slower global growth in 2024 and 2025

Global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025, the IMF announced Tuesday, while...

IMF hikes UAE’s GDP growth forecast to 5.1% for 2025

The International Monetary Fund (IMF) on Tuesday increased UAE’s growth forecast for next year by 0.9 per cent on the back of strong growth...

Reversal of oil cuts to fuel GCC growth in 2025

The GCC region is poised for a significant rebound, with growth projected to more than double to 4.4 per cent in 2025 as oil...

Regional security spending set to increase 14% in 2025

End-user spending on information security in the Middle East and North Africa (Mena) region is forecast to total $3.2 billion in 2025, an increase...

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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...