Bloomberg The death toll from a truck-bomb blast in Somalia’s capital climbed to more than 200 people, as the African Union urged greater international backing for the government’s fight against extremists. The explosion, the nation’s deadliest single attack, killed at least 231 people and injured 275 others, the Associated Press reported, citing Senator Abshir Abdi Ahmed. The blast occurred on …

SHARJAH / WAM The Sharjah Islamic Bank (SIB), posted a net profit of AED360 million for the nine months of 2017 compared to AED335.8mn for the same period last year, a 7.2% increase. Total assets reached AED37.8bn at the end of Q3 of 2017, compared to AED33.5bn at the end of 2016. Liquid assets hit AED 8.2bn or 21.6% of …

Bloomberg Artificial intelligence (AI) could add $837 billion to UK economy by 2035, a government-commissioned report said. The economic boost would come from a combination of more personalized services, improvements in health care and adopting machine learning to find ways to use resources more efficiently, according to the report. “The UK could stay among the world leaders in AI in …