Tag: News

Sports gaming startup Underdog bolsters C-suite days after event contracts launch

Synopsis The company, which offers fantasy sports games and licensed sports betting, has appointed Rishi Garg as its chief financial officer. The hires could help...

Saudi Arabia’s Social Development Bank grants $1.73bn in financing by Q3 

RIYADH: Saudi Arabia’s Social Development Bank disbursed SR6.5 billion ($1.73 billion) in financing in the first nine months of 2025, benefiting over 90,000 citizens...

GCC central banks’ foreign assets climb 6.3% to $762bn  

RIYADH: Foreign assets of Gulf central banks grew by 6.3 percent in 2024 to reach $761.9 billion, supported mainly by higher reserves in the...

Donatuz launches AI-led monetisation platform for creators

Synopsis This comes at a time when the creator economy in India is booming. The AI-powered monetisation platform for content creators has onboarded 70 creators....

Saudi inflation edges up to 2.3% in August, rents remain the key driver 

RIYADH: Saudi Arabia’s annual inflation rate ticked up to 2.3 percent in August from 2.1 percent in July, with housing rents continuing to do...

Closing Bell: Saudi main index slips to 10,433

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 19.08 points, or 0.18 percent, to close at 10,433.98. The total trading turnover of...

Driven by AI, edtech funding rebounds with 5X surge in H1 2025

Synopsis Venture capital firms are actively seeking solutions built for learners beyond tier-1 cities that are affordable, outcome-focused and aimed at delivering real impact, said...

Startup Wrap — Saudi Arabia leads MENA startup funding in August

Kingdom led the region for the second consecutive month, attracting $166 million across 19 deals RIYADH: Startup funding across the Middle East and North Africa...

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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...