Tag: News

DIFC, Ripple to accelerate adoption of Blockchain technology

Ripple, a specialised enterprise in blockchain and crypto solutions, has announced plans to partner with DIFC Innovation Hub, the thriving innovation ecosystem of the...

Aramco to Become Majority Shareholder in Petro Rabigh

Aramco issued a press release today informing that it had signed a definitive agreement to acquire from Sumitomo Chemical an additional stake of approximately...

Odoo Middle East announces strategic partnership with Hotdesk Technologies Middle East

Odoo, an open-source ERP system, has signed a Memorandum of Understanding with the coworking marketplace Hotdesk to enhance growth for small and medium businesses...

Adnoc, Osaka Gas sign long-term deal for LNG delivery

Abu Dhabi National Oil Company said on Tuesday that it has signed a long-term heads of agreement with Osaka Gas, one of the largest...

IHC announces formation of global trading and trade facilitation conglomerate

International Holding Company, the Abu Dhabi-based conglomerate, has formed Rorix Holdings, a global finance and trade facilitation company focused on financial services, trade finance,...

GCC markets accounted for 53.9% of Dubai Chamber of Commerce members’

- GCC markets accounted for 53.9% of Dubai Chamber of Commerce members' exports and re-exports during H1 2024 and top list of export destinations...

ITFC Provides US$10 Million in Trade Finance to Uganda Development Bank

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has extended a $10 million trade finance line...

GCC investors expected to spend more than $4 billion in UK commercial property market annually

Investment into UK commercial property by Gulf investors is expected to grow to more than $4 billion (£3.1 billion) annually, according to new research...

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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...