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Saudi Arabia is charting an assertive course in artificial intelligence, signaling a future where AI investment and deployment become central to its economic strategy. The kingdom has publicly embraced an ambitious plan to assemble a $40 billion AI investment fund, a moveset designed to position Saudi Arabia as a global hub of AI development, innovation,…
Warba Bank’s move to acquire a significant stake in Gulf Bank signals a notable shift in Kuwait’s banking landscape, combining strong regional players into a more consolidated platform. The deal, valued at $1.62 billion (KWD498.2 million), covers Alghanim Trading’s 32.75 percent stake in Gulf Bank. The transfer of shares will proceed once the necessary regulatory…
Saudi Arabia is pursuing a sweeping artificial intelligence vision anchored by a proposed $40 billion investment fund and a clear aim to position the kingdom as a global leader in AI. Yet the path from ambition to execution is inherently complex. Across many Saudi organisations, AI programmes are still in early stages, and only a…
Warba Bank’s move to acquire Gulf Bank’s stake marks a significant consolidation in Kuwait’s banking sector, signaling a broader trend of strategic reshaping among major lenders. The deal involves Warba Bank agreeing to purchase Alghanim Trading’s 32.75% stake in Gulf Bank for $1.62 billion (KWD498.2 million). The share transfer will only be completed after securing…
Sapura Energy Bhd has been the focus of renewed scramble and reassessment as it moves…
A proposed RM600 million rights issue pushed Alliance Bank Malaysia Bhd’s shares lower in early…
Ho Hup Construction Bhd and Sunrise Model Sdn Bhd have reached an amicable settlement after…
Najib Razak, the former Malaysian prime minister, took the stand to present a defense centered…
Malaysia’s property market in 2024 finished with notable momentum, marked by record deal sizes, a…
New AI model advances the prediction of weather uncertainties and risks, delivering faster, more accurate forecasts up to 15 days…
The Treasury secretary's comments come just two days before the tariffs are scheduled to go into effect.
By investing in the right tools, fostering a culture of inclusivity and prioritising education, Saudi companies can turn their AI…
Google DeepMind CEO Demis Hassabis also gave a glimpse into how Google lost ground to OpenAI in the AI race.
The iPhone 15 Pro is shaping up to redefine Apple’s design language once again, combining a refined exterior with a…
Tops, the grocery chain under Central Retail, wants to increase revenue from its own brand product line.
This article is for all nations wanting US President Donald Trump to lower or eliminate reciprocal tariffs, not just Thailand.…
The transfer of Gulf Bank shares to Warba Bank will be completed upon obtaining the necessary approval from the regulatory…
Webull is now a proud partner of TradingView! Clients can now connect their Webull brokerage account to their TradingView user…
Thailand plans to register three more geographical indication (GI) products in Japan this year, says the Department of Intellectual Property…
