Tag: News

Serbia secures $205m loan from Saudi Fund for Development

JEDDAH: Serbia has signed a $205 million loan agreement with the Saudi Fund for Development to enhance its agriculture, education, and energy sectors. Three deals...

The AI-Cybersecurity intersection in the Middle East: A rising threat landscape

Artificial Intelligence (AI) has taken the IT world by storm in the past two years, revolutionizing various sectors. However, this wave of technological advancement...

Dubai population set to reach 4 million by 2026, report says

Dubai’s population is projected to hit 4 million by 2026 on a strong inflow of expatriate professionals flocking to the emirate for better job...

Saudi hotel spending rises 2.4% amid broader POS decline: SAMA

Spending on education saw the largest decline, plummeting 36% to reach SR125.9 million Jewelry sector recorded the smallest decline at 0.8%, reaching SR261.4 million RIYADH: Saudi...

Middle East recorded $16.7bln in sustainable bond issuances in Jan-Sep 2024: S&P Global Ratings

UAE and Saudi Arabia will continue to lead the sustainable bond market in the region ABU DHABI: Standard & Poor’s (S&P) Global Ratings has reported...

Closing bell: Saudi main index rises to 12,002; trading turnover at $1.96bn

Parallel market Nomu gained 474.42 points to close at 25,919.34 MSCI Tadawul Index increased by 6.87 points to 1,503.56 RIYADH: Saudi Arabia’s Tadawul All Share Index...

Will UAE airlines see one-pilot operation as AI-assisted flying takes off?

Passenger planes flying with just one pilot could become a reality — given the rapid development of technology, particularly AI or artificial intelligence, a...

Ahmed bin Saeed opens GITEX GLOBAL 2024 as global tech community descends on Dubai

DUBAI: H.H. Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports, and Chairman and Chief Executive of...

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Billionaire Deepinder Goyal raises $54 million for his new wearable startup Temple

Weeks after stepping down as Group CEO of Zomato...

Saudi stocks plunge, other GCC markets set to open in negative territory

Analysts believe that investors will be gravitated towards defensive...

Saudi Exchange shows resilience on Aramco shares, defying regional trend

RIYADH: Saudi Arabia’s Tadawul All Share Index showed signs...

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...