Tag: News

Building bridges: Saudi Arabia leads Gulf-Asia tech leap

ALKHOBAR: Saudi Arabia is forging new academic connections with Asia as the Kingdom’s Vision 2030 accelerates reforms in education and innovation. Two academics — Prof....

Dubai: Gold prices set record high for second day; 22K just shy of Dh500 per gram

Analysts believe that if geopolitical volatilities continue, the precious metal will continue to maintain its upward trend as 22K is set to surpass Dh500...

Innovative fintech reimagining Saudi banking, experts say

Kingdom reaches 79 percent cashless transaction rate in 2024, surpassing its 2025 target  RIYADH: Saudi-based fintechs are reshaping the traditional banking system in the Kingdom by...

Latest NVIDIA chips land in Saudi Arabia, HUMAIN CEO says

The latest NVIDIA chips have arrived in Saudi Arabia following new deals between Washington and Riyadh, according to Tareq Amin, the CEO of the Kingdom’s AI...

Saudi Arabia opens January ‘Sah’ sukuk sale with 4.73% return 

RIYADH: Saudi Arabia has opened subscriptions for its January issuance of the government-backed “Sah” savings sukuk, offering an annual return of 4.73 percent, up from...

UAE: Rising gold prices, high rents trigger mergers in jewellery market

The profit margin per gram remains the same despite gold hitting record high prices, say jewellery business owners The UAE gold jewellery industry is undergoing...

Why 2026 may be the year investors need to revisit the bond side of their portfolio

While record-breaking stock markets dominated the headlines in 2025, a massive surge in some bond sectors has created what experts call a “generational opportunity”...

UAE consolidates its role as a regional debt issuance hub

Corporate borrowers — especially banks — played an outsized role, driving both issuance volumes and the region’s forward‑looking maturity profile The Dubai International Financial Centre...

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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...

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

Tattvam AI, a deeptech startup building AI systems to...