RAK Ports has signed a memorandum of understanding (MoU) with APT Global, marking a major milestone in Ras Al Khaimah’s industrial growth strategy. This investment is supported by Saqr 2.0, RAK Ports’ greenfield port development designed to accommodate continued growth in the region. APT Global will invest ~AED 50 million to develop ~700K sqft facility […] The post RAK Ports Secures Landmark Investment from APT Global to Strengthen Project Cargo Ecosystem driven by Saqr 2.0 appeared first on Web-Release.

    As artificial intelligence becomes increasingly accessible, the source of competitive advantage is shifting. The companies that will outperform in the AI era will not simply be those that deploy the… The post Companies that build proprietary intelligence, not just adopt AI, will create the next generation of competitive advantage, Bain & Company says appeared first on Web-Release.

    CFOs’ capital commitment to AI is real and growing rapidly, with finance departments increasingly reaping the benefits, Bain & Company finds in new research. Bain’s survey of more than 100 CFOs globally reveals that 83% plan to increase enterprise-wide AI spending by more than 15% over the next two years, with a significant share of that spending allocated […] The post 42% of CFOs plan to increase AI investment by over 30% within two years—Bain & Company appeared first on Web-Release.