Tag: News

Boat auditors flag mismatch in financial statements filed with lenders

SynopsisBoat's IPO plans face scrutiny as auditors noted mismatches in lender filings and company books. Concerns were also raised about fund utilisation and un-reported...

UAE: Will Bitcoin be the ‘new gold’? Experts weigh in

Bitcoin can be transferred globally in about an hour for a minimal fee, without any government or bank involvement Bitcoin’s ability to be transferred easily without...

Indian rupee hits record low against dirham; will UAE grocery prices fall?

The rupee has hit a record low against the Emirati currency and the US dollar, reaching 24.6 against the dirham and 90.4 against the...

Binance secures ADGM approval to offer global services from Abu Dhabi

The world’s largest crypto exchange marks a milestone in trusted digital finance, reinforcing Abu Dhabi as a global crypto hub Binance, the world’s largest cryptocurrency...

The UAE’s Crypto Boom: Opportunities and Challenges for Startups

The UAE is quickly becoming a global leader in the crypto space. The recent approval of major players like Circle and Tether is indicative...

Eid Al Etihad: 220,000 new companies entered the UAE market this year

The nation’s hospitality sector continued its strong upward trajectory in the first nine months of 2025, with hotels welcoming 23.27 million guests – up...

UAE could be ‘Wall Street’ of Bitcoin, say experts

Panelists shared stories of the humble beginnings of the cryptocurrency in the UAE, when only "five or six" people in the country were doing...

Accelerating growth boosts investor confidence

Startups attract fresh capital to scale AI, health tech, and infrastructure RIYADH: Startups across the Middle East and North Africa are accelerating growth through strategic funding...

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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...