Tag: News

Saudi Kafalah program boosts SME financing 8% to $3.73bn in Q3

RIYADH: Saudi Arabia’s Small and Medium Enterprises Financing Guarantee Program, known as Kafalah, extended 5,447 assurances, boosting small-business funding by 8 percent year on...

Wealth management startup Dezerv raises Rs 350 crore from Premji Invest, Accel, others

Synopsis Wealth platform Dezerv has secured Rs 350 crore in fresh funding led by Premji Invest and Accel, pushing its total funding to over Rs...

IMF raises Saudi growth forecast to 4% for 2025 and 2026 

RIYADH: The International Monetary Fund has raised Saudi Arabia’s economic growth forecast to 4 percent for both 2025 and 2026.  In its October World Economic...

Closing Bell: Saudi main index edges up to 11,596

RIYADH: Saudi Arabia’s Tadawul All Share Index continued its upward movement for the second consecutive day, as it gained 4.31 points or 0.04 percent...

Visa-owned Pismo chases large banks to scale its India biz

Synopsis Visa-owned card processing startup Pismo wants to scale up in India and is working with banks while launching new products to achieve this, Vishal...

Saudi Arabia tops GCC projects market in Q3: report  

RIYADH: Saudi Arabia led the Gulf Cooperation Council’s projects market in the third quarter of 2025 with $28.1 billion in contract awards, a new...

Google’s latest AI model uses a web browser like you do

The new Gemini 2.5 Computer Use model can click, scroll, and type in a browser window to access data that’s not available via an...

Saudi Arabia to invest in solar-powered desalination project in Senegal, says minister

JEDDAH: Saudi Arabia is poised to sign an agreement to harness solar energy for a water desalination project in Senegal, alongside additional investments totaling...

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Saudi Exchange shows resilience on Aramco shares, defying regional trend

RIYADH: Saudi Arabia’s Tadawul All Share Index showed signs...

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...