
India's Largest Bank Launches Cutting-Edge AI Fintech Project Finance Unit
In a significant move to incorporate advanced technology into its operations, India's largest bank has announced the establishment of a new project finance unit dedicated to artificial intelligence (AI) and fintech. This ambitious initiative aims to not only enhance the bank's operational efficiency but also to provide innovative financial solutions catered to various sectors of the economy.
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Talabat's Dubai IPO Raises $1.5 Billion, Quickly Sells Out
In a remarkable demonstration of market enthusiasm, the online food delivery service Talabat has announced that its initial public offering (IPO) in Dubai has successfully raised $1.5 billion, shortly after the subscription books were opened to investors. This swift sellout highlights strong demand for shares in the company, reflecting the growing appetite for technology-driven services in the Middle East.
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