Tag: assets

Banking

Mashreq posts Dh8.3b profit before tax in 2025 as assets and lending surge

the financial -
Operating income rises to Dh12.6b; total assets climb 25% to Dh335b despite corporate taxDubai: Mashreq reported a strong financial performance in 2025, posting a...
Finance

UAE bank assets rise 0.8% to $1.43tn as credit expands: CBUAE data 

the financial -
RIYADH: UAE bank assets rose 0.8 percent in November to 5.25 trillion Emirati dirhams ($1.43 trillion), extending growth in the sector as credit and...
Banking

GCC central banks’ foreign assets climb 6.3% to $762bn  

the financial -
RIYADH: Foreign assets of Gulf central banks grew by 6.3 percent in 2024 to reach $761.9 billion, supported mainly by higher reserves in the...
Banking

UAE lenders’ total assets hit Dh4.1 trillion

the financial -
The UAE banking sector is set for further vibrant growth in 2024 despite global headwinds with the total assets of banks operating in the...

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Startup

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

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Info Edge has approved a commitment of up to...
AI & Technology

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

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

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

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

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

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

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

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

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