Tag: News

Spotlight

UAE steadily growing as a major player in global crypto market

the financial -
The UAE is positioning itself as a significant player in the global digital assets market, trends suggest. The global market for tokenised assets is projected...
Crypto

Crypto crime falls 19.6 per cent YTD signalling growing maturity of digital assets ecosystem

the financial -
In addition to the SEC’s approval of Spot Bitcoin ETFs in January, and the unveiling of the Central Bank of the UAE’s stablecoin regulations...
Crypto

Bitcoin Millionaires Soared by 111% to 85,400 in 2024, Thanks to Crypto ETFs: Report

the financial -
There are 85,400 crypto millionaires worldwide, which is a 111% increase from the past year, a new report reveals. International wealth and investment migration specialists...
Spotlight

UAE leads in Q2 gross loan growth as GCC banks’ net profit surges to $14.8b

the financial -
Net income reported by listed banks in the GCC reached a new record high during Q2 2024 after four out of the six country...
Business

Indian rupee slips but state-run banks’ dollar sales cap losses

the financial -
The Indian rupee weakened slightly on Tuesday, tracking a decline in its Asian peers, but its losses were limited by mild dollar sales by...
Uncategorized

UAE faces rising malware threats as email attacks surge 293% globally

the financial -
The UAE witnessed a notable increase in malware detections with an 11.7 per cent increase from January to May 2024, recent research shows. According to...
Business

Mubadala co-invests in UCB’s mature business in China

the financial -
Mubadala Investment Company announced on Monday that in partnership with CBC Group, Asia’s largest healthcare-dedicated asset management group, it has acquired 100 per cent...
Opinion

Saudi Arabia’s Trade Surplus Exceeds SAR98 Billion in Second Quarter

the financial -
The trade balance of the Kingdom of Saudi Arabia reached a surplus of SAR98.368 billion in the second quarter of 2024, reaching its highest...
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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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