Acronis, a global leader in cyber protection, unveiled its mid-year cyberthreats report, conducted by Acronis’ Cyber Protection Operation Centers, to provide an in-depth review of the cyber threat trends the company’s experts are tracking. The report details how ransomware continues to be the number one threat to large and medium-sized businesses, including government organizations, and […]
Category: NEWS
Performance in Saudi Arabia’s real estate sector remains fragmented, says CBRE
Fragmented performance and activity levels in Saudi Arabia’s real estate sector continued into the second quarter of the year across the Kingdom’s regions. Looking at Saudi Arabia’s office sector figures, visitation to the workplace remains above its pre-pandemic baseline and now sits 19.3% above the baseline. Activity remains centered towards Riyadh, where demand continues to significantly outstrip supply. […]
Gartner survey reveals 80% of executives think automation can be applied to any business decision
A recent survey by Gartner, Inc. found that 80% of executives think automation can be applied to any business decision. As automation becomes embedded in digital business, the survey revealed how organizations are evolving their use of artificial intelligence (AI) as part of their automation strategies. “The survey has shown that enterprises are shifting away from a […]
DLD Mo’asher: July 2022 records highest sales transactions in the past decade
According to Mo’asher, Dubai’s official Sales Price and Rental Performance index launched by Dubai Land Department (DLD) in cooperation with Property Finder, Dubai’s real estate market records a total of 7,092 sales transactions registered in July 2022. The data marks the highest performance in the last decade and demonstrates a significant increase in the overall […]
GetRentacar.com reinforces Turkey’s car rental industry
Connecting local car owners and travelers has become more efficient than ever. With operations in Dubai earlier this year, the expansion of the car-sharing service GetRentacar.com in the Turkish market provides more attractive offers and a more convenient procedure to get a car for a period of time. The core advantage of the innovative service depends on […]
Breaking the mould: Female investors on the rise in the Emirates
Like many traditionally male-dominated sectors, women have long been perceived as unsuited to managing finances and investing. Tides, however, are turning. In recent years, courtesy of advancements in financial technology and improved accessibility to investment tools and resources, more women than ever are trading and investing. Saxo Bank, the leading fintech specialist focused on multi-asset […]
SUBSBASE – MENA’s First Subscription Management Platform Raises US$2.4 Million in Seed Round led by Global Ventures
SubsBase, the first and only subscription and recurring revenue management platform catering to the MENA region, announces it has successfully closed its seed round at US$2.4 million. The investment round was led by Global Ventures, a leading MEA-focused venture capital firm. Other participating investors included: HALA Ventures, P1 Ventures, Plus Venture Capital (+VC) , Plug […]
Gate.io Group starts offering OTC block trading service in Dubai after DMCC license
Gate.io Group has announced the launch of its over-the-counter trading platform Gate OTC, which will provide fully-licensed OTC crypto trading services catered to institutions and high-net-worth individuals. Services are offered in various countries around the world, supporting several mainstream cryptocurrencies. The launch of Gate OTC comes as Gate MENA DMCC acquired a license from the […]
Alvarez & Marsal releases Q2 2022 UAE Banking Pulse
Leading global professional services firm Alvarez & Marsal (A&M) has released its latest United Arab Emirates (UAE) Banking Pulse for Q2 2022. The Pulse suggests that the top ten UAE banks have reported a significant rebound in quarterly profits for Q2’22, as the lenders witnessed an increase in profitability driven by core interest income. Total […]
The industries of the future call for unprecedented flexibility and software-centric industrial automation is the answer
Schneider Electric, a world leader in digital transformation, energy management and automation, has held a seminar at the investors association in the 10th of Ramadan industrial zone, aiming to discuss methods of achieving digital transformation in the industrial sector using software-centric industrial systems, offered by Schneider Electric in collaboration with AVEVA using EcoStruxure platform. ‘Innovation […]