Tag: KSA

Building bridges: Saudi Arabia leads Gulf-Asia tech leap

ALKHOBAR: Saudi Arabia is forging new academic connections with Asia as the Kingdom’s Vision 2030 accelerates reforms in education and innovation. Two academics — Prof....

Saudi Arabia approves annual borrowing plan for 2026

RIYADH: Saudi Arabia’s Minister of Finance Mohammed Al-Jadaan on Saturday approved the Kingdom’s annual borrowing plan for the 2026 fiscal year, following its endorsement by the...

Saudi Arabia to continue with expansionary spending in 2026 budget, says finance minister 

RIYADH: Saudi Finance Minister Mohammed Al-Jadaan confirmed on Wednesday that the government will maintain expansionary spending in the 2026 budget, emphasizing stability and medium-term...

Saudi startups surge ahead with bold deals, fresh capital

Funding across key sectors includes AI, logistics, fintech, and HR technology RIYADH: Saudi Arabia led this week’s startup activity, with a surge of venture deals, strategic...

Saudi Arabia opens October ‘Sah’ Sukuk offering 4.83% return 

JEDDAH: Saudi Arabia has opened subscriptions for its October issuance of the government-backed “Sah” savings sukuk, offering investors an annual return of 4.83 percent,...

Colnaghi launches first Middle East gallery in Riyadh with $2.7m investment

RIYADH: Colnaghi, one of the world’s oldest art galleries, has signed an agreement with Sarat Investment Holding to open its first gallery in the...

Groww founders boost stakes ahead of November IPO

Synopsis Regulatory filings seen by ET show the four cofounders of Billionbrains Garage Ventures, Groww’s parent entity, increased their combined stake to 29.01% on a...

Saudi Arabia set for 4.6% GDP growth in 2026 — pre-budget statement

RIYADH: Saudi Arabia is forecasting real GDP growth of 4.6 percent in 2026, supported by an expected increase in the output of non-oil activities. In the...

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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...

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...

Lumi Rental profit rises 10% in 2025 on leasing growth, stronger pricing 

RIYADH: Saudi Arabia’s Lumi Rental Co. posted a 9.9 percent...