Tag: News

Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions

xAI, Elon Musk’s AI company, has raised $6 billion in a Series C financing round. The company announced this week that Andreessen Horowitz , Blackrock, Fidelity, Lightspeed, MGX, Morgan...

Focus likely to shift to more disciplined growth, sustainable business models for start-ups

The year 2024 emerged as a defining period for start-up exits, with significant momentum across IPOs, strategic acquisitions and secondary market transactions India’s start-up funding...

The q-commerce sector: Quick, quicker, quickest…

One additional stream that’s likely to complement the core revenues and speed up the path to positive unit economics, is advertising revenue.Speed thrills, and...

PalmPay and Jumia partner to develop Nigerian digital payment ecosystem

In an attempt to grow the use of the cashless economy, operator of Nigeria's most used mobile wallet PalmPay has partnered with African e-commerce...

Garanti BBVA mobile app transforms investment tracking with new features

Garanti BBVA has significantly enhanced its mobile application, ‘Garanti BBVA Mobile’, streamlining the investment management process for its users. According to Finextra, the app now features...

It is time to target alpha in market’, Prateek Agrawal

The inflows into mutual fund industry has been growing leaps and bounds which has helped small and medium sized fund houses to grow faster...

Drydocks World unveils major expansion to lead global renewables and marine projects

Drydocks World has officially opened its multi- million-dollar South Yard expansion -- a 75,000 sqm state-of-the-art facility designed to enhance fabrication capabilities and reinforce...

Analyst: Key Trends of 2024 Point to XRP, Solana, and Litecoin ETFs in 2025

As 2024 comes to an end, analyzing major trends is essential to understanding the direction of the market. Overall, we saw immense success across...

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UAE loan rates to rise? Escalating Iran-US conflict clouds next interest rate cut

Surging crude prices test central bank plans and household...

Emirates NBD waives ATM withdrawal and debit card fees across UAE and GCC

Bank removes charges on withdrawals and debit card replacements...

Global Markets: Stocks set for tough week, oil eyes strong gains as Middle East war rages

Oil prices set for largest weekly rise since Russia’s...

Saudi POS spending rises 4.5% to $3.8bn in late February: SAMA

RIYADH: Saudi Arabia’s point-of-sale spending rose 4.5 percent to SR14.5 billion ($3.8 billion)...

When AI Speaks for Your Brand, Who Owns the Trust

Trust Has Become a Strategic Asset In 2026, the question...