Tag: News

Govt’s startup accelerator WaveX launches new incubators for gaming, XR startups

Synopsis WaveX, in collaboration with the Ministry of Information and Broadcasting, is launching seven new incubation centers across India to bolster startups in the AVGC...

World Bank establishes regional hub in Riyadh 

RIYADH: The World Bank has opened a new regional hub in Riyadh to serve the Middle East, North Africa, Afghanistan, and Pakistan, as the...

PhonePe files draft prospectus for $1.5 billion IPO with Sebi through confidential route

Synopsis PhonePe, supported by Walmart, has confidentially filed its DRHP with SEBI. The digital payments platform reduced its net loss by 13.4% to Rs 1,727.4...

OECD upgrades Saudi Arabia’s economic growth forecast to 3.9% in 2026

RIYADH: Saudi Arabia’s economic growth forecast for 2026 has been increased to 3.9 percent by the Organization for Economic Cooperation and Development — up...

Startup wrap — Early stage funding maintains growth momentum in MENA

Startup funding witnessed a 74% year-on-year increase in August RIYADH: Startups across the Middle East and North Africa region witnessed multiple funding rounds in the...

Closing Bell: Saudi main market closes in green with 10,876 points

RIYADH: The Saudi Exchange closed higher on Monday, with the Tadawul All Share Index climbing 0.63 percent to finish at 10,876.42 points, gaining 67.74...

Quick commerce firms bulk up store networks to speed up festive ops

Synopsis India’s quick commerce firms are racing to expand ahead of the festive season, focusing on faster deliveries over discounts. Blinkit added up to 200...

Suez Canal Economic Zone reports 38% revenue growth, secures $6.3bn in projects

RIYADH: The Suez Canal Economic Zone has attracted $6.3 billion in new investments across 155 projects over the past 14 months, while reporting record...

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Abu Dhabi Customs showcases ‘Invisible Customs’ project at WCO workshop

At the invitation of the World Customs Organization (WCO),...

World Cup expected to be the biggest betting event in history

The Fifa Men's World Cup is set to be...

Bitcoin On Ethereum? Circle Launches cirBTC on ETH Targeting $9B WBTC Market

Bitcoin News: Circle has launched cirBTC, a 1:1 BTC-backed...

Emirati startup founders unveil AI-powered innovations at Hub71 Impact 2026

Emirati startup founders showcased AI-powered and advanced technology solutions...

Groww and Zerodha AMCs post nearly 3x growth in AUM over last year

Entry of discount broking firms -- Groww and Zerodha...