Tag: Riyadh

Fiscal discipline critical as high interest rates persist: Saudi finance minister  

RIYADH: Saudi Arabia’s finance minister warned that both advanced and emerging economies risk long-term instability if governments rely on borrowing and optimistic assumptions instead of...

AI takes center stage at Absher Conference in Riyadh

In-depth dialogue on the Kingdom’s prospering AI industry during second day of Absher Conference RIYADH: Artificial Intelligence continues to prove itself a valuable, unique long-term asset...

MICE Summit opens in Riyadh with 20 deals to boost Vision 2030

Saudi venue capacity up 32 percent in 2025, reflecting robust growth of sector RIYADH: Some 20 agreements and memorandums of understanding were signed on the...

Global spotlight on Riyadh as Biban Forum 2025 opens

40,000 participants from more than 150 countries attend the four-day forum in Riyadh. Billions of riyals in potential agreements expected as investors and startups converge. Entrepreneurship...

Aramco posts $28bn profit in Q3 as major projects advance  

RIYADH: Saudi Aramco reported third-quarter 2025 adjusted net income of $28 billion, up slightly from $27.7 billion a year earlier, as strong operating momentum...

780 firms move regional HQs to Riyadh, says Saudi investment minister  

RIYADH: Saudi Minister of Investment Khalid Al-Falih said the number of companies that have relocated their regional headquarters to Riyadh has exceeded 780, underscoring the Kingdom’s growing appeal as a global business...

Saudi Arabia holds 30th spot in Global Financial Inclusion Index

RIYADH: Saudi Arabia retained its 30th position in the 2025 Global Financial Inclusion Index, with strong gains in digital finance and fintech ecosystems, a...

Global Islamic finance assets set to reach $9.7tn by 2029, LSEG says 

RIYADH: Global Islamic finance assets are projected to climb to $9.7 trillion by 2029, up from $5.98 trillion at the end of 2024, driven...

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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...