Tag: August

Saudi inflation edges up to 2.3% in August, rents remain the key driver 

RIYADH: Saudi Arabia’s annual inflation rate ticked up to 2.3 percent in August from 2.1 percent in July, with housing rents continuing to do...

Startup Wrap — Saudi Arabia leads MENA startup funding in August

Kingdom led the region for the second consecutive month, attracting $166 million across 19 deals RIYADH: Startup funding across the Middle East and North Africa...

Saudi Arabia raises $1.42bn in August sukuk issuance

RIYADH: Saudi Arabia’s National Debt Management Center raised SR5.31 billion ($1.42 billion) through its riyal-denominated sukuk issuance for August, marking a 5.8 percent increase...

Saudi Arabia opens August ‘Sah’ savings sukuk window with 4.97% return

Subscription for issuance will remain available until Aug. 5 Minimum subscription amount set at SR1,000, with maximum cap of SR200,000 RIYADH: Saudi Arabia has announced the...

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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...