Pentagon May Place SpaceX at the Center of a MILNET Sensor-to-Shooter Network
Under this plan, SpaceX’s satellites would play a big role in the Space Force’s kill chain.
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…
MakeMyTrip (MMYT) Rises but Trails the Market; Earnings Outlook and Rich Valuation in Focus
MakeMyTrip (MMYT) reachead $117.16 at the closing of the latest trading day, reflecting a +0.8% change compared to its last…
Databricks bets big on activating marketing data with Hightouch investment
Databricks has announced a strategic investment in software startup Hightouch, which helps businesses synchronize their customer data.
Sapura Energy says MACC has not contacted it over bribery and fund misappropriation probe
Sapura Energy Bhd (KL:SAPNRG) on Monday said it has not been contacted by the Malaysian Anti-Corruption Commission (MACC) regarding a…
iPhone SE 4: Apple’s First 5G Modem, A18 Chip, and Cameras Identical to iPhone 15
Apple is poised to refresh the iPhone SE lineup with a fourth-generation model that leans into a modern design language…
Stock Rover 2.0 Unveiled: Faster Startup, Auto-Refresh, iPad Support, and New Features
Stock Rover 2.0 brings a sweeping set of enhancements that amplify speed, precision, and versatility for investors who rely on…
IC Top 50 ETFs 2024: The 50 Best Low-Cost ETFs for Targeted, Efficient Market Exposure
Our 2024 list of the best low-cost building blocks for your portfolio
Rice May Be the Key to Better-Tasting, More Efficient Non-Alcoholic Beer
“It’s time we move beyond outdated perceptions and recognize what rice can offer in creating beer.”…
Prediction: Tesla Could Fall Out of the $1 Trillion Market-Cap Club in 2025 Despite Its AI Ambitions
Tesla (NASDAQ: TSLA) stock rose by 70% during 2024, catapulting the company to a market capitalization of more than $1…
Databricks doubles down on data activation for marketers with Hightouch investment
Databricks has announced a strategic investment in software startup Hightouch, which helps businesses synchronize their customer data.