‘Never had a Funding Winter… Good Firms Always had Enough Money to Back Them’: Sanjeev Bikhchandani Sanjeev Bikhchandani added that in the coming years, startups are expected to play a…
Entrepreneurship & Startups
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Entrepreneurship & Startups
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Entrepreneurship & Startups
Amazon Invests US$2.75 Billion in AI Startup Anthropic
by Amjad Ahmadby Amjad AhmadAmazon Invests US$2.75 Billion in AI Startup Anthropic AMAZON.COM said it is investing an additional US$2.75 billion in Anthropic, completing a deal it made last year to back the artificial…
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BusinessBankFeaturedFinance
ADIB’s ESG transformation shows Islamic banking and ESG compatibility
by Afra Kaabiby Afra KaabiADIB’s ESG transformation shows Islamic banking and ESG compatibility Banking institution embarks on comprehensive sustainable journey In a progressive move to embrace the principles of Environmental, Social, and Governance (ESG),…
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Company AnnouncementsFeaturedFinanceProject
GMR Smart Electricity Distribution Company secures Rs.7,593 Crores order for Smart Metering Project
by Amjad Ahmadby Amjad AhmadGMR Smart Electricity Distribution Company secures Rs.7,593 Crores order for Smart Metering Project GMR Smart Electricity Distribution Pvt. Ltd, a subsidiary of GMR Power and Urban Infra Limited (GPUIL) has…
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BusinessFeaturedFinanceTaxation & GST UpdatesUAE
UAE Corporate Tax: Free zone businesses await final details on 0% for processing, distribution
UAE Corporate Tax: Free zone businesses await final details on 0% for processing, distribution Even on processing of goods, these businesses will need feedback on 0% corporate tax What is…
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Saudi ArabiaFeaturedFinanceGulf
Closing bell: Saudi Arabia’s main index sheds 80 points to close at 11,272
by Abdul Khanby Abdul KhanClosing bell: Saudi Arabia’s main index sheds 80 points to close at 11,272 RIYADH: Saudi Arabia’s Tadawul All Share Index continued its downward movement for the second day in a…
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BusinessFeaturedFinanceTechnology
Vianode selected for grant award from EU Innovation Fund for large-scale battery materials plant
by Afra Kaabiby Afra KaabiVianode selected for grant award from EU Innovation Fund for large-scale battery materials plant Vianode, a Norwegian producer of advanced battery materials with a greener footprint, has been selected for…
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NewsCompany AnnouncementsFeaturedFinanceTechnology
Arab Financial Services forms strategic partnership with CRIF
Arab Financial Services forms strategic partnership with CRIF To implement open banking use cases on the AFS Open Finance Platform Manama, Kingdom of Bahrain – Arab Financial Services (AFS), the…
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BusinessFeaturedFinanceGlobalGulf
Buy Gulf Oil Lubricants; target of Rs 650: Emkay Global Financial
by Hadeel Aliby Hadeel AliBuy Gulf Oil Lubricants; target of Rs 650: Emkay Global Financial Emkay Global Financial is bullish on Gulf Oil Lubricants has recommended buy rating on the stock with a target…
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BusinessFeaturedFinanceGulfInternational Investments
Hedonova raises $18.4m from UAE Chemie-Tech DMCC in a Series A1 funding round
Hedonova raises $18.4m from UAE Chemie-Tech DMCC in a Series A1 funding round The fund valued at $330m is expected to diversify the fund’s equipment finance portfolio Hedonova, a leading…

