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News

entARABI
entarabi.com > en > 2026 > 08 > derayah-invests-65-million-in-hof-capital

Derayah Invests $65 Million in HOF Capital Fund Targeting AI Opportunities |??ن????رب??

10+ hour, 8+ min ago   (544+ words) Saudi financial services company Derayah Financial is expanding its exposure to global technology investments with a commitment of up to $65 million, equivalent to SAR 244 million, to HOF Capital Strategic Opportunities Fund II, which focuses on artificial intelligence, enterprise software, and…...

entARABI
entarabi.com > en > 2026 > 03 > meta-reportedly-considering-layoffs-that-could-affect-up-to-20-of-its-workforce

Meta Reportedly Considering Layoffs That Could Affect Up to 20% of Its Workforce

5+ mon, 2+ week ago   (202+ words) Meta is reportedly considering a major round of layoffs that could affect up to 20% of its workforce, according to a report by Reuters. The potential cuts come as the company increases its spending on artificial intelligence infrastructure and related investments....