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Category SAR

Saudi Aramco’s profit dropped as lower oil prices slashed revenue

Saudi Aramco’s profit dropped as lower oil prices slashed revenue

Saudi Aramco’s profits have plunged in Q2 as lower oil prices dragged down company's revenue and stunted its growth.
xAI is aiming for $200 billion valuation through a new fundraise

xAI is aiming for $200 billion valuation through a new fundraise

xAI, Elon Musk’s AI company, is reportedly getting ready to raise more money from investors. If it succeeds, it could push its value as high as $20...
Dubai's VARA issues the UAE's first ARVA token issuer license to Ctrl Alt

Dubai's VARA issues the UAE's first ARVA token issuer license to Ctrl Alt

Ctrl Alt, a tokenization infrastructure platform, reported that it has secured a virtual asset broker-dealer license and issuer license from Dubai’...
droppRWA taps RAFAL to tokenize real estate properties in Saudi Arabia

droppRWA taps RAFAL to tokenize real estate properties in Saudi Arabia

droppRWA, a subsidiary of droppGroup and a global provider of sovereign-grade Web3 AI and blockchain infrastructure, has partnered with Saudi RAFAL...
VivoPower secured $121M to develop an XRP treasury

VivoPower secured $121M to develop an XRP treasury

Nasdaq-listed VivoPower has just revealed plans to raise $121M to launch an XRP-focused treasury strategy — a strategic move that potentially posit...