Following the conclusion of Expo 2020, 6,983 real estate sales transactions worth AED 18.2 billion were recorded in April, the highest ever for the month since 2009. Secondary market sales transactions, comprising 60% of the total, constituted 4,212 transactions worth AED 12.86 billion, while off-plan properties, comprising the remaining 40%, constituted 2,771 properties worth a […]
Category: LATEST NEWS
Ransomware hit 59% of UAE organizations surveyed for Sophos’ annual “State of Ransomware 2022”
Sophos, a global leader in next-generation cybersecurity, today released its annual international survey and review of real-world ransomware experiences in the State of Ransomware 2022. The report shows that 59% of UAE organizations surveyed were hit with ransomware in 2021, up from 38% in 2020. The report summarizes the impact of ransomware on 5,600 mid-sized […]
Proofpoint’s 2022 voice of the CISO report reveals nearly half of CISOs in the UAE feel unprepared to cope with a cyberattack
Proofpoint, Inc., a leading cybersecurity and compliance company, today released its annual Voice of the CISO report, which explores key challenges facing chief information security officers (CISOs). While the world’s CISOs spent 2021 coming to terms with new ways of working, many now feel much more in control of their environment: 44% of CISOs in the UAE […]
Infoblox’s State of Security Report Spotlights Remote Work Hazards in the UAE
Infoblox, the leader in DNS management and security services, today unveils a global report examining the state of security concerns, costs, and remedies. As the pandemic and uneven shutdowns stretch into a third year, organisations are accelerating digital transformation projects to support remote work. Meanwhile, attackers have seized on vulnerabilities in these environments, creating more […]
Northladder secures $10mln through a convertible note led by CE-Ventures
NorthLadder is the Middle East and North Africa (MENA) region’s unique digital platform that enables frictionless trade of pre-owned electronics. Their model provides great value and convenience to consumers to sell their devices, as well as a steady and reliable supply to buyers on the platform. Today, the company announced a $10 million convertible note […]
Trend Micro detected and blocked over 104 million threats last year in the UAE, revealed its annual cybersecurity report for 2021
Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity solutions, today released its 2021 annual cybersecurity report: Navigating New Frontiers. The report highlights the growing rate of cyber-attacks by malicious actors on digital infrastructures and individuals in the modern-day hybrid work environment. The report states that globally Trend Micro solutions stopped over […]
KPMG and Oracle discuss the future of banking in Kuwait
At a joint event held at Four Seasons Hotel, Kuwait, esteemed members from KPMG in Kuwait and Oracle took the platform with dignitaries from several renowned organizations to discuss their ideas and insights pertaining to the future of financial services and the banking sector in Kuwait. Speaking about the current business landscape in Kuwait, Dr. […]
Bahrain Bourse in collaboration with INJAZ bahrain holds ceremony to conclude the 2021-2022 smart investor program
The Smart Investor Program, organized by Bahrain Bourse in collaboration with INJAZ Bahrain, was concluded at Bahrain Bourse’s premises with the attendance of the Chief Executive Officer of Bahrain Bourse and Her Highness Shaikha Hessa Bint Khalifa Al Khalifa, Chairperson of INJAZ Bahrain alongside INJAZ Bahrain officials, Mrs. Latifa Bunudha, Assistant Undersecretary for Education and […]
PMI achieves female representation target
Philip Morris International Inc. (PMI) (NYSE: PM) today announced that it has reached its global company-wide target to improve gender balance, ensuring at least 40% female representation in managerial roles by 2022. Jacek Olczak, Chief Executive Officer at PMI, commented: “I am immensely proud of PMI’s vision, commitment, and achievement in ensuring equal opportunities are […]
IMA’s SBC guide presents real-world cases of small business resilience
The Institute of Management Accountants (IMA)’S Small Business Committee (SBC) initiated a guide – under the title of Thriving Amidst Challenges: A Guide to Small Business Resilience – with the aim of providing management accountants in small businesses with real-world cases of resilience and a model that highlights a path to resilience. The guide included […]









