Tag: economic growth

GCC economic growth set to accelerate to 4.3% by 2027: GCC-Stat 

JEDDAH: Economic growth across the Gulf Cooperation Council is set to accelerate to 4.3 percent by 2027, driven by expanding non-oil sectors, following a...

OECD upgrades Saudi Arabia’s economic growth forecast to 3.9% in 2026

RIYADH: Saudi Arabia’s economic growth forecast for 2026 has been increased to 3.9 percent by the Organization for Economic Cooperation and Development — up...

A Historic Turning Point GCC IPO Boom Raises $13.2 Billion!

A New Era in Gulf Capital Markets Capital markets in the GCC are undergoing a seismic shift. Long dominated by state-owned giants and energy-linked listings,...

OECD predicts 3.8% economic growth for Saudi Arabia in 2025

RIYADH: Saudi Arabia’s economy is poised for substantial growth, with its gross domestic product projected to increase from 1.2 percent in 2024 to 3.8...

Hail region unveils 23 investment opportunities to drive economic growth 

RIYADH: Saudi Arabia’s Hail region has launched 23 new investment opportunities for the first quarter of 2025, aiming to accelerate economic growth, boost private...

Saudi economic growth to accelerate to 4.7% in 2025: Moody’s

RIYADH: Saudi Arabia’s economy is set to grow by 1.7 percent this year, before accelerating to 4.7 percent in 2025 and 2026, driven by...

UAE Central Bank raises economic growth forecast

The Central Bank of the UAE (CBUAE) raised its forecast for 2024 GDP growth to 4.0 per cent from a previous forecast of 3.9...

Gulf decision makers expect continued economic growth

Gulf decision makers are mostly upbeat about the prospects for economic growth through the end of this year and are largely undeterred by looming...

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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...