Tag: News

Economy

Gulf decision makers expect continued economic growth

the financial -
Gulf decision makers are mostly upbeat about the prospects for economic growth through the end of this year and are largely undeterred by looming...
Crypto

Spot Bitcoin ETFs See Largest Outflows Since May 1, Totaling $287M

the financial -
U.S. spot Bitcoin exchange-traded funds (ETFs) experienced their largest outflows since May 1, with net outflows reaching $287.78 million on Tuesday According to data from SosoValue,...
Economy

Gold gains as investors anticipate super-sized Fed rate cut

the financial -
Gold prices rose to near one-week highs on Thursday, on the back of a weaker U.S. dollar and lower yields after signs of labour...
Crypto

Analysts Caution 20% Bitcoin Decline as US Rate Cut Fuels Recession Fears

the financial -
A long-awaited interest rate cut by the United States Federal Reserve could have an unexpected impact on Bitcoin, potentially driving its price down, according...
Economy

Dubai Chambers Signs MoU with China Council for the Promotion of International Trade Tianjin Sub-council

the financial -
Dubai Chambers has signed a Memorandum of Understanding (MoU) with the China Council for the Promotion of International Trade Tianjin Sub-council (CCPIT Tianjin). The...
Business

UAE, 7 OPEC+ countries extend additional voluntary production cuts

the financial -
OPEC+ countries, which previously announced additional voluntary cuts in April and November 2023, including the UAE, Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and...
Uncategorized

Private sector AI investment poised to boost UAE GDP by Dh335b

the financial -
Private sector investment in Artificial Intelligence (AI) is expected to boost the UAE’s economy, adding an extra Dh335 billion by 2031, according to industry...
Uncategorized

US, Britain, EU to sign agreement on AI standards: Reports

the financial -
The US, Britain, and the EU are expected to sign the first international treaty on the use of AI that is legally binding, the Financial Times...
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Startup

Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

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Info Edge has approved a commitment of up to...
AI & Technology

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

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MeltPlan, a pre-construction AI platform, today said it has...
Startup

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

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Gushwork, an agentic AI startup raised a $9 million...
AI & Technology

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

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SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...
Startup

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

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Tattvam AI, a deeptech startup building AI systems to...

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