Tag: Financial

Boat auditors flag mismatch in financial statements filed with lenders

SynopsisBoat's IPO plans face scrutiny as auditors noted mismatches in lender filings and company books. Concerns were also raised about fund utilisation and un-reported...

Saudi Arabia holds 30th spot in Global Financial Inclusion Index

RIYADH: Saudi Arabia retained its 30th position in the 2025 Global Financial Inclusion Index, with strong gains in digital finance and fintech ecosystems, a...

2024 U.S. election and its impact on financial markets, UAE, and the Middle East

As November 5, approaches, the world is watching the U.S. Presidential election closely. This fiercely contested race between Former President Donald Trump and Vice...

DAE Announces Financial Results for the Six Months Ended June 30, 2024

Selected Business and Operating Highlights: • Unsecured credit ratings upgraded to Baa2 by Moody’s and to BBB by Fitch Ratings • Number of aircraft acquired: 10...

UAE banks lead in revenue, digitalisation cuts branch costs across Gulf: Roland Berger

Saumitra Sehgal, Head of Financial Services in the Middle East at Roland Berger, a global strategy consultancy, said that the revenue of the UAE...

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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...