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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Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...

Dell Technologies rewrites the rules of storage modernization and performance with Dell PowerStore Elite

Dell Technologies (NYSE: DELL) introduces Dell PowerStore Elite, a...

flydubai, Cyprus Airways announce interline partnership to expand global connectivity

flydubai and Cyprus Airways have announced the launch of...

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

The Abu Dhabi Securities Exchange (ADX) Group announced that...