Tag: News

UAE cuts base rate by 50 bps following historic Fed move

The UAE central bank on Wednesday cut the base rate applicable to the overnight deposit facility (ODF) by 50 basis points – from 5.40...

AI set to redefine global entertainment industry

The Token 2049 event in Singapore is brimming with steep anticipation as the ‘Fame King’ Sheeraz Hasan reveals his vision for the entertainment industry....

DIFC Preferred Choice for International Brokerage Firms Eyeing Dubai

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, has strengthened its position...

Saudi EXIM Bank Hosts GARP Meeting to Discuss Financial Risk Management

The Saudi EXIM Bank hosted a meeting for the Global Association of Risk Professionals (GARP) to discuss best practices for managing financial risks in...

Indian rupee faces resistance on dollar buying by state-run banks

The Indian rupee faced resistance on Tuesday following a rise driven by the U.S. dollar's struggles a day ahead of the Federal Reserve's highly...

Apple shares slide nearly 3%

Shares of Apple fell nearly 3 per cent on Monday after several analysts said that delivery times for the new iPhone 16 Pro models...

AI experts ready ‘Humanity’s Last Exam’ to stump powerful tech

A team of technology experts issued a global call on Monday seeking the toughest questions to pose to artificial intelligence systems, which increasingly have...

IsDB Highlights Strategic Business Opportunities and Economic Cooperation in Brunei

The meeting, which was co-hosted by the Islamic Development Bank (IsDB) Group and Bank Islam Brunei Darussalam (BIBD) at Sultan Palace in Brunei, in...

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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...