Tag: Economy

IMF raises Saudi growth forecast to 3.5% for 2025, outstripping global average

The International Monetary Fund has revised up its forecast for Saudi Arabia’s economic growth in 2025, raising it to 3.5 percent from the 3...

Saudi Arabia’s M&A boom: Shaping a future-ready economy for Vision 2030

Kingdom recorded 224 mergers and acquisitions deals valued at $ 7.6 billion in the first half of 2024 RIYADH: Amid the mergers and acquisitions boom in...

Saudi Arabia emerging as an economic ‘powerhouse,’ says top IMF official

Saudi Arabia’s role in the international financial system is growing, solidifying its position as an emerging economic “powerhouse,” according to a senior executive.  In an...

Gold, silver rate today on December 24 in Mumbai, Delhi, Chennai, Kolkata: Here are latest prices in other cities

Gold prices have fallen 0.9% compared to a week back while Silver prices fell 1.9% during the same time frame. The decrease in prices...

UAE economy to be ‘star performer’ in the region — Swiss bank

A favourable oil output agreement with the Organisation of the Petroleum Exporting Countries (Opec) and a thriving service sector should make the UAE the...

UAE economy expected to stay resilient next year

Resilience is likely to be the predominant headline for UAE’s economic outlook in 2025, after the country managed to maintain its economic and financial...

Saudi Arabia’s endowment investment funds set record with over $267m in net assets

Net assets of licensed endowment investment funds in Saudi Arabia reached a record SR1 billion ($266.67 million) in 2024, marking a 29.3 percent increase...

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...

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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...