Tag: GCC

GCC can have big role in bitcoin mining’s green energy-driven future

As bitcoin mining undergoes major changes, the GCC region can have an important role in the transformation, which is being driven by a focus...

UAE leads in Q2 gross loan growth as GCC banks’ net profit surges to $14.8b

Net income reported by listed banks in the GCC reached a new record high during Q2 2024 after four out of the six country...

Strong GCC non-oil growth spurs Mena economic prospects

Driven by strong non-oil growth in GCC, economic prospects for the Middle East and North Africa region in have improved modestly with real GDP...

Leading Pakistan fintech raises $7.3 million to drive GCC expansion

PostEx, one of Pakistan’s leading fintechs, announces a $7.3 million pre-Series A funding round. The round was led by Conjunction Capital – the technology...

GCC markets accounted for 53.9% of Dubai Chamber of Commerce members’

- GCC markets accounted for 53.9% of Dubai Chamber of Commerce members' exports and re-exports during H1 2024 and top list of export destinations...

Revival of GCC-UK FTA talks set to boost two-way trade, investment

The move by the new British government to reboot negotiations with the GCC countries to secure a free trade agreement (FTA) is expected to...

GCC fixed income maturities to remain elevated

Fixed income maturities in the GCC are expected to remain elevated over the coming five years backed by issuances made during the pandemic years...

GCC economy could get $2 trillion boost via green finance by 2030

Developing the right structure and mechanisms for green finance can help the GCC countries unlock up to $2 trillion in GDP contribution and generate...

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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...