India approves $1.1B venture fund of funds for startups
NEW DELHI: India’s Union Cabinet has approved a new state-backed venture capital initiative, clearing the Startup India Fund of Funds 2.0 with a corpus of ₹10,000 crore...
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Air Arabia records 2025 profit, proposes 30 fils dividend
SHARJAH: Air Arabia (PJSC) reported a record AED 1.8 billion net profit before tax for 2025 and said its board has proposed a cash dividend...
Vietnam welcomes record 2.5 million visitors in January
HANOI: Vietnam recorded its strongest ever month for inbound tourism in January 2026, welcoming nearly 2.5 million foreign visitors, according to official statistics. The total was the...
Gulf economies drive World Bank upgrade of 2025 regional forecast
World Bank upgrades MENAAP 2025 GDP growth to 2.8% on Gulf rebound and non-oil gains, but trims 2026 outlook amid global headwinds and regional instability....
Low income countries get $85 billion in MDB climate funds
MDBs reached $137B in climate finance in 2024, with $85.1B going to low and middle-income nations and private finance jumping to $134B....