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…
RHB Banking Group (KL:RHBBANK) and AMMB Holdings Bhd (KL:AMBANK) have announced flood relief assistance programmes for individuals and small and medium
The rainy season will officially begin on Thursday, May 15 , the Meteorological Department announced.
AI assistants can’t be trusted to produce safe code.
The latest price moves in crypto markets in context for Aug. 8, 2024.
“SPHEREx is going to produce an enormous three-dimensional map of the entire night sky.”…
OpenAI announces major organizational shift, with Sam Altman's return as CEO, the introduction of a new board and substantial reset…
Investing.com - La présidente de la Réserve fédérale de Cleveland, Beth Hammack, a réaffirmé une position prudente sur les taux…
The rollout, set to begin in the coming weeks, is part of Uber’s ongoing commitment to promoting gender inclusivity and…
The Ministry of Housing and Local Government (KPKT) is considering introducing a new law to address the issue of poor…
The arrival of China's cutting-edge research icebreaker, Xue Long 2, at Chuk Samet Port in Sattahip yesterday marks a milestone…
