Tag: growth

India upgrades economic growth forecasts 2025-26 to 7.4%

In nominal terms, which factor in inflation, the economy is expected to grow 8%, compared with the 10.1% estimate in the annual federal budget...

Aldar successfully prices $1 billion hybrid notes to accelerate growth agenda

Issuance was oversubscribed with strong demand from a wide international institutional investor baseAldar has successfully priced its $1.0 billion subordinated dated hybrid notes. The...

Saudi Arabia ranks 5th worldwide in AI sector growth, leads Arab nations 

RIYADH: Saudi Arabia has secured the fifth rank globally and first in the Arab region for growth in the artificial intelligence sector, the Saudi...

Riyadh leads Kingdom’s industrial rental growth in first quarter

Warehouse demand in Riyadh is increasingly shifting toward specialized facilities: Knight Frank RIYADH: Strong demand for warehouse space saw occupancy levels reach 98 percent in Riyadh...

Saudi Arabia to serve as regional HQ for fintech growth, says Paymentology CEO 

RIYADH: Saudi Arabia is emerging as a key fintech hub in the Middle East, prompting the UK-based card issuing and payment processing firm Paymentology...

Suez Canal Economic Zone reports 38% revenue growth, secures $6.3bn in projects

RIYADH: The Suez Canal Economic Zone has attracted $6.3 billion in new investments across 155 projects over the past 14 months, while reporting record...

Riyadh leads Saudi Arabia’s industrial rental growth with 9.3% jump in Q2 

RIYADH: Riyadh’s industrial and logistics sector recorded an annual rental growth of 9.3 percent in the second quarter of 2025, reinforcing the Saudi capital’s...

Non-oil sector drives Saudi Arabia’s GDP growth to 3.4% in Q1: GASTAT 

Wholesale and retail trade, restaurants, and hotels lead at an 8.4% annual increase Oil activities contracted by 0.5% year on year RIYADH: Saudi Arabia’s economy expanded...

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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...