Tag: Development

UAE launches US$1 billion AI for Development initiative to advance digital infrastructure across Africa

The UAE has announced the launch of the AI for Development initiative, worth US$1 billion, to support and finance artificial intelligence projects in African...

Saudi Fund for Development continues lending helping hand to emerging economies

RIYADH: At a time when the world is getting fragmented due to geopolitical tensions and ongoing wars, Saudi Arabia’s development fund is becoming a...

Saudi Arabia’s National Development Fund secures $1.3bn in credit facilities to boost development projects

Deals designed to enhance funding for key development projects across the Kingdom Two agreements signed with Al-Rajhi Bank and Arab National Bank RIYADH: Saudi Arabia’s National...

Council of Economic and Development Affairs Discusses Several Issues

The Council of Economic and Development Affairs convened via video conference to discuss several agenda items, notably a quarterly presentation from the Ministry of...

Arab Parliament, World Bank Discuss Development in Arab Countries

Arab Parliament Speaker Adel bin Abdulrahman Al-Asoumi has met with World Bank President Ajay Banga in Washington, D.C. to discuss ways to strengthen relations...

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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...