Tag: News

Startup Wrap — Saudi Arabia leads MENA startup activity as UAE crowns new unicorn 

New unicorn emerges in UAE amid mixed funding trends across MENA RIYADH: Saudi Arabia continued to dominate startup momentum while the UAE saw a new...

Uber, Ola cab operators suspend strike for three days in Mumbai, other cities in Maharashtra

Synopsis The Maharashtra Gig Kamgar Manch has temporarily suspended the strike by app-based taxi drivers in Mumbai and other cities until next Tuesday. This suspension...

Fashion commerce startup Culture Circle bags undisclosed amount from Oyo’s Ritesh Agarwal at Rs 100 crore valuation

Synopsis The Gurugram-based startup, which operates as a luxury marketplace, enabling users to compare prices across verified sellers of authenticated sneakers, t-shirts, streetwear, and watches,...

SaaS startups tailor new green solutions for fashion industry

Synopsis The fashion industry has long grappled with waste, excess inventory, and growing environmental damage. As consumption surges, artificial intelligence (AI) is emerging as an...

Udaan acquires ShopKirana to boost FMCG play, ropes in Info Edge as shareholder

Synopsis Udaan has strategically acquired ShopKirana in an all-stock deal to bolster its eB2B presence before its IPO. This move will enhance Udaan's position in...

Closing Bell: Saudi bourses end week in red at 11,007

RIYADH: Saudi Arabia’s Tadawul All Share Index fell on Thursday, shedding 31.76 points, or 0.29 percent, to close at 11,006.98. The benchmark index recorded a...

Nazara to de-subsidiarise Nodwin Gaming as esports arm raises fresh capital

Synopsis De-subsidiarisation will make Nodwin an associate firm of Nazara. However, Nazara will continue to remain the largest shareholder in Nodwin but will waive certain...

UAE unveils AI-driven federal budget cycle for 2027–29

JEDDAH: The UAE has launched its federal budget cycle for 2027–29, introducing an artificial intelligence-driven, performance-based approach aimed at accelerating national development and supporting...

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IN-SPACe picks Astrobase, SatSure and TM2SPACE as first recipients of Technology Adoption Fund

The Indian National Space Promotion and Authorisation Centre, on...

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...