Tag: News

Dubai Chamber of Digital Economy discusses ways to boost Emirate’s digital economy

Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has recently hosted the annual meeting of...

Aramco Completes $3 Billion International Sukuk Issuance

Aramco, one of the world's leading integrated energy and chemicals companies, announced in a press release today that it had completed a $3 billion...

Dubai banks lead Middle East and Africa lenders in Q3 market cap growth

Led by Emirates NBD, most banks in the Middle East and Africa (MEA) posted increases in their market capitalisation in the third quarter, according...

Major brands come together to sign $70 million deal

Kamah Hotels & Resorts, an upcoming luxury and wellness brand, has announced a major partnership with Wyndham Hotels & Resorts. Together, they have signed...

Ajman Bank announces inclusion in FTSE Global Equity Index series

Ajman Bank, a leading Sharia-compliant bank in the UAE, has announced the inclusion of its shares in the FTSE Global Equity Index Series as...

Federation of Saudi Chambers Opens First Office in Toronto

The Federation of Saudi Chambers, represented by the Saudi-Canadian Business Council, announced the opening of its first office in Toronto, Canada. This announcement came...

OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia

OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company at $157 billion and cement its position as...

Dubai bourse leads GCC peers in September gains

Cementing its status as a key enabler of the UAE’s non-oil economy, the DFM General Index recorded a 4.1 per cent increase last month,...

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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...

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...