An in-depth understanding of alpha coefficient returns in the stock market
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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…
Creators, including podcasters, interviewers, and musicians, can now record clearer, more natural-sounding audio directly through their AirPods
Lawmakers want to prevent companies from using AI to increase prices or lower wages.
In-the-wild attacks tamper with built-in security tool providing infection warnings.
The amount of time it takes for a user to realize and experience the value a product offers is known…
The UK has transitioned to a lower-emission grid. Now comes the hard part.
BOOT's preliminary Q3 results highlight same-store sales growth of 8.6%, with an 8.2% increase in retail store same-store sales.
Appian CEO Matt Calkins proposes groundbreaking guidelines for responsible AI development, urging industry to prioritize trust and transparency in the
The offering attracted 149 investors from 35 nationalities, pushing the waiting list to more than 10,700 individuals
Despite the potential for disruptions, there are signs oil supplies remain ample amid expectations of lower demand
Individual prompts don’t cost much, but billions together can have aggregate impact.
