Tag: News

GCC can have big role in bitcoin mining’s green energy-driven future

As bitcoin mining undergoes major changes, the GCC region can have an important role in the transformation, which is being driven by a focus...

Pakistan eyes $4 bln from Middle East banks to plug financing gap: Central bank chief

Pakistan aims to raise up to $4 billion from Middle Eastern commercial banks by the next fiscal year, the country’s central bank chief told...

Ambani says India’s Reliance to more than double in size before end of decade

India's Reliance Industries is on track to more than double in size before the end of the decade, its billionaire-chairman Mukesh Ambani told shareholders...

UAE: Now, deposit or withdraw cryptocurrencies in dirhams through this bank

UAE residents can now deposit and withdraw UAE dirhams against cryptocurrencies they are holding. Crypto.com and Standard Chartered Bank have tied up to enable near-real-time...

Dubai Financial Services Authority authorises 61 new firms in H1 2024

The Dubai Financial Services Authority (DFSA) today reported exceptional achievements for the first half of 2024, highlighting continued growth in the number of authorised...

Delivery Hero is preparing an IPO of its Talabat business on the Dubai stock exchange in Q4 2024

Delivery Hero SE (“Delivery Hero” or the “Company”, ISIN DE000A2E4K43, Frankfurt Stock Exchange: DHER), which operates in the United Arab Emirates (“UAE”) and other...

Meta faces $3.6 million fine in Brazil for allowing bogus Havan ads

Meta Platforms faces a fine of up to $3.62 million after losing a lawsuit by Brazilian department store chain Havan that accused the social...

Dubai, Abu Dhabi are top global spots for executive nomads

Dubai has retained its lead position, for the second consecutive year, while Abu Dhabi moved to second place, up from fourth last year, in...

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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...