Tag: GCC banks

GCC banks’ Q2 profits hit record $16.2bn on lending and deposits boom

GCC inflation remained stable in second quarter despite heightened geopolitical risks Year-on-year, all markets posted growth RIYADH: Strong regional fundamentals and a robust project pipeline drove...

GCC banks poised to weather global trade turbulence: S&P report

RIYADH: Despite rising global trade tensions and heightened market volatility, banks across the Gulf Cooperation Council are expected to remain resilient, according to a...

GCC banks face limited tariff exposure but vulnerable to oil price declines: Fitch

RIYADH: Gulf banks face minimal direct impact from new US tariffs, but remain exposed to broader risks stemming from weaker oil prices and slowing...

GCC banks to remain resilient in 2025 despite anticipated rate cuts: S&P Global

S&P Global predicts a manageable impact on bank margins GCC banking sector’s strong efficiency provides solid foundation for continued growth and resilience through 2025 RIYADH: Banks...

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

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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...