Tag: GCC

GCC, UK Agree to Proceed with Free Trade Agreement This Year, Albudaiwi Says

Gulf Cooperation Council (GCC) Secretary-General Jasem Mohamed Albudaiwi said there is an agreement between the GCC and the United Kingdom (UK) emphasizing the importance...

Non-oil sector to drive GCC growth to offset oil output cut impact

The GCC’s non-oil sector will remain the key growth driver for the region in 2024 and beyond while the overall GDP is expected to...

KSA Participates in GCC-US Trade and Investment Dialogue and SelectUSA Investment Summit

The Kingdom's delegation, led by General Authority of Foreign Trade (GAFT) Deputy Governor for International Relations Abdulaziz bin Omar Al-Sakran, participated in the fifth...

GCC growth set to pick up from September

The anticipated interest rate cuts and a projected boost in oil output will lead to a significant pick up in GCC economic growth momentum...

Zoho on track to expand footprint in GCC

Zoho Corporation, a fast-growing Indian enterprise software firm, said its decision to invest millions of dollars in the UAE and Saudi Arabia underscored the...

GCC to lead the Mena region in mergers and acquisitions transactions in 2024

Mergers and acquisitions (M&A) activity in the Middle East and North Africa (Mena) region maintained strong momentum throughout 2023, reaching a total deal value...

UAE reiterates support for GCC efforts to enhance intra-regional trade and investment flows & establish legislative frameworks for e-commerce

Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, led a high-level UAE delegation at the 66th GCC Trade Cooperation Committee...

UAE economy set to expand at ‘fastest clip’ in GCC

Buoyed by strong performance in non-oil sectors, the UAE economy is on track to expand at the fastest clip in the region while Saudi...

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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...