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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…
InvestKL, an agency promoting investments into the country’s capital city, plans to tap into the shifting global trade dynamics to…
World Password Day has long served as a reminder that protecting online identities remains a shared responsibility. As cybersecurity threats…
Stock Rover’s New +1 Release brings a thorough refresh aimed at making advanced portfolio research more intuitive, flexible, and comprehensive.…
A surprising take on investment charges
Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced plans to open a new facility…
A new study from Komprise shows unstructured data growth drives demand for cloud storage, analytics and self-service.
Capital A Bhd (KL:CAPITALA) said on Monday the low-cost carrier won’t be dishing out dividends anytime soon, to conserve cash…
macOS beta code suggests that Apple is planning big changes for Focus mode and Apple News in iOS 16 and…
Google’s stock has long been a focal point for investors seeking to understand how a tech juggernaut behaves around earnings…
Read Press Release for One Group Hospitality (STKS) published on Mar. 6, 2025 - The ONE Group Hospitality, Inc. to…
