Tag: Saudi

Saudi mining sector surges with 220% rise in new licenses in 2025 

JEDDAH: Saudi Arabia recorded a 220 percent year-on-year increase in new mining exploitation licenses in 2025, issuing 61 permits, according to a statement from the...

Saudi tourism enters the agentic AI era

Autonomous systems streamline travel, boost hospitality across KSA’s giga-projects ALKHOBAR: Saudi Arabia’s tourism transformation is now testing whether agentic artificial intelligence can move from conference...

Saudi-built AI takes on financial crime

Mozn’s FOCAL reflects the Kingdom’s growing fintech ambitions RIYADH: As financial institutions face increasingly complex threats from fraud and money laundering, technology companies are racing...

International investors driving Saudi venture capital growth as activity rises 38%

RIYADH: International investors accounted for the majority of venture capital participation in Saudi Arabia in 2025, underscoring rising global interest in the Kingdom’s startup...

TOURISE 2025: Saudi TDF secures $773m in tourism investments

RIYADH: The Saudi Tourism Development Fund, the national enabler of the tourism sector, launched its participation in the “TOURISE 2025” forum by announcing a...

Saudi POS transactions hold above $3bn in mid-October 

RIYADH: Saudi Arabia’s point-of-sale transactions remained above the $3 billion mark for the third consecutive week, underscoring the resilience of consumer activity even as...

UAE’s Qashio acquires Saudi fintech Sanad Cash to fast-track expansion 

RIYADH: UAE-based corporate spend management platform Qashio has acquired Saudi fintech Sanad Cash in a strategic move to accelerate its expansion in the Kingdom...

Productive investment driving Saudi borrowing plans, finance minister tells US conference

RIYADH: Saudi Arabia’s Finance Minister Mohammed Al-Jadaan has reiterated the Kingdom’s commitment to financing strategic, productive investments rather than resorting to tax increases or...

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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...