Reuters
TMT
IBM inks deal with Saudi to train AI system in Arabic, to unveil new models
International Business Machines on Tuesday said that it will release a family of artificial intelligence models as open-source software, and ......
Finance
Saudi's SMASCO sets issue price for $240 mn IPO
Saudi Arabian staffing company SMASCO announced its final IPO price at 7.50 riyals per share via the Saudi Exchange on ......
TMT
Global venture capital investment in crypto picks up after long decline
Global venture capital investment in crypto companies rose to $2.4 billion in the first three months of 2024, data showed ......
Infrastructure
PAG raises $550 mn for Asia renewable energy fund from Mubadala, other investors
Asia-Pacific investment firm PAG said on Monday it had raised $550 million for its first renewable energy fund, which focuses ......
Infrastructure
ADNOC picks up minority stake in NextDecade's Rio Grande LNG unit
Abu Dhabi National Oil Company (ADNOC) on Monday said it has acquired an 11.7% stake in phase 1 of NextDecade's Rio ......
General
Mubadala's FY24 assets under management top $300 bn
Abu Dhabi sovereign wealth fund Mubadala's assets under management rose 9.5% last year to 1.11 trillion dirhams ($302.2 billion), it ......
Infrastructure
How agritech startups like Cropin are leveraging space data for better farm output
Lokeswara Reddy, an Indian farmer with two decades of experience, has seen his crops flourish after lean years, thanks to ......
People
Prosus, parent Naspers appoint Fabricio Bloisi as new CEO
Dutch technology investor Prosus and its South African parent group Naspers on Friday named Fabricio Bloisi as the new chief executive, replacing ......
Markets
Abu Dhabi's Lunate launches ETF tracking Japan equities
Abu Dhabi investor Lunate Capital is launching an exchange-traded fund (ETF) tracking Japanese equities that will be listed on the ......
Finance
Sensex, Nifty end at 2-week high, rally fuelled by IT stocks, inflation data
Indian shares advanced on Thursday, led by information technology stocks after softer-than-expected U.S. inflation data reignited hopes of at least ......
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