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GISEC Global 2024 opens in Dubai with record numbers

GISEC Global 2024 has opened with record 50% year-on-year growth in exhibitor numbers in its 13th edition as more than 20 000 cyber professionals from 130-plus countries gathered to combat digital threats...

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Bahrain EDB hosts delegation from Monaco

Bahrain Economic Development Board (Bahrain EDB) is hosting a high-level delegation from Monaco led by Frédéric Genta Secretary of Attractiveness Development and Digital on a visit to the kingdom from...

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ADQ and OIA launch $180m technology-focused fund

ADQ an Abu Dhabi-based investment and holding company has announced the launch of a 180 million technology-focused fund Jasoor Fund (the Fund) with Oman Investment Authority (OIA) and represented by ITHCA...

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Investment in AI can create jobs, raise salaries in Bahrain: Hujairy

Investment in artificial intelligence (AI) in Bahrain will not only expand job opportunities but also elevates salaries Ahmed Al Hujairy CEO of ThinkSmart Training and Development Centre has said. Speaking...

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PIF, stc Group to form region’s largest telecom tower firm

Saudi Arabia s Public Investment Fund (PIF) and Saudi Telecommunications Company (stc Group) have signed definitive agreements whereby PIF will acquire a 51% stake in Telecommunication Towers Company Limited...

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Kuwait’s banking sector witnesses robust growth in 2023

Kuwait s banking sector witnessed healthy year-on-year growth observing notable increase across multiple identified key performance indicators such as net provision charge on loans capital adequacy ratio...

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MoF launches 'digital public consultation' on R&D tax relief

The UAE Ministry of Finance (MoF) has launched a digital public consultation to gather the views of stakeholders on the potential implementation of a Research & Development (R&D) Tax Incentive under the...

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SNB Capital closes cross-border insurance M&A deal

SNB Capital has led the buyside advisory on Abu Dhabi National Insurance Company (ADNIC) s SR499 million ( 133 million) acquisition of 51% of the share capital of Allianz Saudi Fransi Cooperative Insurance...

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Trend Micro reaffirms commitment to UAE Cyber Security Vision

Trend Micro Incorporated a global leader in cybersecurity has successfully thwarted and identified a staggering number of threats globally and within the UAE. Announcing the findings of its 2023 annual...

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GISEC Global 2024 to see gathering of cybersecurity start-ups

GISEC Global 2024 Middle East and Africa s largest and most impactful cybersecurity event is set to host the two-day GISEC Cyber Stars Unlock Pitch Competition for over 100 global cybersecurity start-ups....

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4,500 experts converge in Dubai for Machines Can See 2024

The second annual Machines Can See Summit facilitated meaningful discussions around the latest breakthroughs trends and real-world applications in generative AI computer vision AI investment and education....

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DCDE attracts 9 MNCs worth $82.84bn in 2023

Dubai Chamber of Digital Economy (DCDE) has revealed that the combined market value of the nine multinational companies (MNCs) it successfully attracted to Dubai last year exceeds AED304 billion ( 82.84...

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Beyon Money - Medical.BH partnership to benefit customers

Beyon Money part of the Beyon Group has announced a partnership with Medical.BH to benefit its customers who book and pay for health services using a Beyon Money card with up to 5% unlimited cashback....

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Shuaa reaches deal with noteholders for bond term amendment

Shuaa Capital a leading asset management and investment banking platform in the region has reached an agreement with its noteholders to facilitate the amendment of the terms of its outstanding 150 million...

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ADGM wins 'Most Trusted Financial Centre Brand’ award

Abu Dhabi Global Market (ADGM) has clinched the top spot as the Most Trusted Financial Centre Brand Middle East for 2024 at the distinguished Global Brand Awards. The esteemed Global Brand Awards an annual...

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GCC insurers’ top-line growth to be 5pc-15pc in 2024: S&P

S&P Global Ratings expects GCC insurers top-line growth to range between 5% and 15% in 2024 with Saudi insurers likely to expand at the fastest pace. The top-line growth of insurers in Gulf Cooperation...

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