Tag: News

MobiKwik Appoints Navdeep Singh Suri as Board Chairman

Overview One MobiKwik Systems has appointed Navdeep Singh Suri as its new Board Chairman. This strategic move aims to strengthen the company's governance framework and...

Saudi Arabia raises $1.8bn in December sukuk issuance: NDMC 

RIYADH: Saudi Arabia’s National Debt Management Center has raised SR7.01 billion ($1.87 billion) through its December sukuk issuance. According to the statement issued by the...

UAE ranks fifth globally in crypto adoption as Dubai emerges as tokenisation powerhouse

Dubai has emerged as a focal point for asset tokenisation pilots and settlement systems, supported by clear anti-money laundering guidelines and legal frameworks for...

Spacetech startup Digantara raises $50 million to boost space surveillance push

SynopsisThe Bengaluru-based startup, backed by Peak XV Partners and Kalaari Capital, secured funds from large investors including SBI Holdings Japan, 360 One Asset, and...

Closing Bell: Saudi main market edges up to close at 10,590 

RIYADH: Saudi equities closed narrowly higher on Monday, with the Tadawul All Share Index edging up 0.01 percent, or 1.34 points, to finish at...

Bitcoin plummets below $90,000 as AI future worries investors

Concerns over leverage in the system, talk of a possible new crypto winter and underperformance versus equities all weighed on valuations and activity FILE PHOTO:...

HALA Capital doubles down on next tech frontiers

RIYADH: Saudi Arabia’s HALA Capital is ready to double down on three of the Kingdom’s most strategic sectors as it prepares to deploy new investment...

How Saudi Arabia is becoming a leader in responsible AI

Artificial intelligence is reshaping the world faster than many imagined. In boardrooms from New York to Shenzhen, companies are racing to grasp its impact...

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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...