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…
SURIN: A 20-year-old Lao national has been arrested in this northeastern province for producing and distributing child sexual abuse content…
“Our management thought it was a bluff…”…
Chief security executives believe health care organizations can and will improve their cybersecurity to defend against ransomware in 2021.
Climate change is a danger to health in a wide variety of ways.
Les Bourses européennes ont ouvert dans le rouge vendredi, les investisseurs digérant une nouvelle salve de résultats d'entreprises, dans un…
The Avatar SDK Deep Fake Detector analyzes complete facial features to distinguish between genuine photos and synthetic 3D avatars.
The new service places London among a growing list of global cities served by the A350, including Mumbai, Istanbul, Muscat…
UBON RATCHATHANI: A soldier seriously injured by a landmine during a border operation near Chong Arn Ma has said he…
Grok 4’s “reasoning” shows cases where the chatbot consults Musk posts to answer divisive questions.
Whatever line of work you are in, if you have an eye toward the future, it's time to start thinking…
