Tag: News

Gulf SMEs fuel million-dollar bets, fintech deals heat up

New deals underscore growing capital flows and innovation momentum RIYADH: Startups and investors across the Middle East and North Africa announced a wave of new deals...

Mexican fintech Kapital plans IPO within three years, CEO says

Synopsis Mexican fintech firm Kapital may go public within three years, according to CEO Rene Saul. He mentioned plans for a possible dual listing in...

Foreign investor rule changes for Saudi stock market out for consultation

RIYADH: Foreign investors may soon be able to buy Saudi stocks without restrictions, under a draft plan aimed at boosting liquidity and expanding the...

Colnaghi launches first Middle East gallery in Riyadh with $2.7m investment

RIYADH: Colnaghi, one of the world’s oldest art galleries, has signed an agreement with Sarat Investment Holding to open its first gallery in the...

Saudi Arabia set for 4.6% GDP growth in 2026 — pre-budget statement

RIYADH: Saudi Arabia is forecasting real GDP growth of 4.6 percent in 2026, supported by an expected increase in the output of non-oil activities. In the...

Blue Earth leads Rs 200 crore investment in GrowXCD

Swiss impact investment firm Blue Earth Capital and Amsterdam Stock Exchange-listed Prosus Ventures and others have together invested about Rs 200 crore in Chennai-headquartered GrowXCD Finance, a startup lender to...

Saudi Economic Council reviews growth as Vision 2030 advances

RIYADH: The Council of Economic and Development Affairs held a video conference to review a series of key economic and strategic reports. The council examined...

Infra.Market files for Rs 5,000 crore IPO via confidential route

Synopsis The confidential IPO route is facilitated under Regulation 59C of the Sebi (Issue of Capital and Disclosure Requirements) Regulations. Investment bankers on the IPO...

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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...