Tag: oil

Saudi economy grows 4.5% in 2025 as oil, non-oil sectors accelerate 

RIYADH: Saudi Arabia’s real gross domestic product expanded by 4.5 percent year on year in 2025, driven by strong growth in both oil and non-energy activities,...

From Oil to Roller Coasters: How Tourism Is Redefining the UAE Economy

Twenty years ago, mention the UAE and people thought oil wells and maybe that sail-shaped hotel. Today it's visitors, not barrels, driving the revenue. Federal...

GASTAT: Non-oil Exports Increase by 10.5% in Q2 2024

The General Authority for Statistics (GASTAT) issued today the International Trade Publication for Q2 of 2024.According to the publication, non-oil exports increased by 10.5%...

Oil set for weekly loss despite gain on OPEC+ output decision

Oil prices rose on Friday after the OPEC+ group's decision to keep its production policy unchanged, but benchmarks remained on track for weekly losses...

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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...