Bennu asteroid samples reveal a water-rich history and the molecules that could seed life on Earth
Clues as to how building blocks of life on Earth may have been seeded.
Companies & Startups
Demis Hassabis on AGI’s Gradual Rise, OpenAI, and the Road Ahead — MWC 2024
TechTarget and Informa Tech have joined forces to create a powerful, expansive knowledge ecosystem designed to serve technology buyers, strategists, and practitioners with trusted, objective insights. The consolidation brings together TechTarget and Informa Tech’s Digital Business, knitting a vast network that spans more than 220 online properties and covers more than 10,000 granular topics. This…
Business
Trade & Investment
Bridging the Generational Gap to Align Saudi Arabia’s AI Ambitions
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 to Acquire Alghanim Trading’s 32.75% Stake in Gulf Bank in $1.62 Billion Deal
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…
Bridging Generations to Realize Saudi Arabia’s AI Ambitions Through Training
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 to Acquire 32.75% Stake in Gulf Bank in $1.62 Billion Deal
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…
Finance
Popular News
Trends & Analysis
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Cover Story: Has Sapura Energy’s worst truly ended, or is worse yet to come?
Sapura Energy Bhd has been the focus of renewed scramble and reassessment as it moves…
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Alliance Bank shares tumble over 8% as investors balk at RM600m rights issue amid dilution concerns despite capital-boosting plan
A proposed RM600 million rights issue pushed Alliance Bank Malaysia Bhd’s shares lower in early…
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Ho Hup Construction and Sunrise Model Reach Amicable Settlement as High Court Strikes Out Petition
Ho Hup Construction Bhd and Sunrise Model Sdn Bhd have reached an amicable settlement after…
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1MDB-Tanore trial: Najib says his leadership rejects work-in-silo culture and promotes collaboration
Najib Razak, the former Malaysian prime minister, took the stand to present a defense centered…
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Bandar Malaysia Sale Leads 2024 Top Property Deals as Data Centers and Malls Dominate
Malaysia’s property market in 2024 finished with notable momentum, marked by record deal sizes, a…
Menlo Security: Generative AI Adoption Triggers Surge in Cybersecurity Risks
Menlo Security's latest report reveals urgent cybersecurity challenges and strategies for businesses integrating generative AI like ChatGPT into their
Moderna Jumps 11.7% on H5N1 Bird Flu Vaccine Hopes; Can the Rally Hold?
Moderna (MRNA) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate…
GCC Personal Luxury Market Defies Global Slowdown, Chalhoub Group’s Jasmina Banda Says
Chaloub Group's GCC Personal Luxury report found that the luxury sector in the region continues to demonstrate resilience and adaptability
Petros Uncertainty Splits Analysts on Petronas’s 2025 Capex, With Some Forecasting Up to 20% Cut
KUALA LUMPUR (Feb 26): Analysts are divided on Petronas Nasional Bhd’s (Petronas) capital expenditure (capex) plans for 2025, with some predicting…
Microsoft debuts in-house AI models, paving the way for independence from OpenAI while boosting Copilot
Microsoft is still deeply tied to OpenAI, but who knows what the future holds.
Active Exploit Threatens Thousands of WordPress Sites With Critical Hunk Companion Flaw (CVE-2024-11972) Despite Patch
Vulnerability with severity rating of 9.8 out of possible 10 still live on >8,000 sites.
Blnk, an Egyptian fintech delivering instant consumer credit, raises $32M in debt and equity to scale AI-powered point-of-sale lending.
Credit card penetration in Egypt is low, with just over 4 million cards used in a population of more than…
Bennu asteroid samples unveil a water-rich history and key molecules for life
Clues as to how building blocks of life on Earth may have been seeded.
Generative AI Boom Elevates Cybersecurity Risks, Forcing Enterprises to Adopt Multi-Layered Defenses Over Domain-Based Policies
Menlo Security's latest report reveals urgent cybersecurity challenges and strategies for businesses integrating generative AI like ChatGPT into their