Banking and finance security innovations in the UAE is set to drive the GCC’s cybersecurity market to $8 billion in 2018 as organisations optimise emerging technologies such as facial recognition. iris scans and crypto currency.
Technology, UAE
UAE parents “concerned” but “don’t take action” in protecting kids online
A majority of UAE parents (96 percent) worry about their children’s online safety but many may not know how to protect them, according to a recent study by Norton.2 4386
GCC nations among most vulnerable to cyber-attacks globally
The UAE and Kuwait were found to be among the most vulnerable in a Trend Micro report analysing worldwide threats.
Bahrain VC raises $100M to support Middle East tech startups
Bahrain Development Bank (BDB) has announced that the Al Waha Fund of Funds has successfully closed its $100 million fundraising round.
UAE, Kuwait among most attractive targets of cyber-attacks
The UAE accounted for 2.4 million of the 1.7 billion ransomware attacks detected globally in Q1 of 2018, according to a recent report by cybersecurity solutions firm Trend Micro.
UAE advances space exploration vision with new deal
The UAE Space Agency and the South African National Space Agency, SANSA, signed MoU for cooperation between them in the areas of peaceful exploration of the outer space.
Cyber scams targeting WhatsApp users increase in Kuwait
According to a source at the Electronic and Cyber Crime Combatting Department (ECCCD), affiliated to the Criminal Investigation Department, the majority of scammers who target users in Kuwait are from abroad.
Preparing young Emiratis in AI is vital for UAE’s future, says minister
Omar Sultan Al Olama, UAE’s Minister of State for Artificial Intelligence, member of the Board of Trustees of Dubai Future Foundation and deputy managing Director, has revealed a new initiative that aims to equip the next generation of Emiratis with leadership skills.
Why the UAE is poised to be the next e-commerce capital
In recent months, the UAE has carved out its place on the global e-commerce map – and quite deliberately so. In October 2017, for example, the Dubai Airport Free Zone launched Dubai CommerCity.
Uber launches new portal for women in Saudi Arabia
The company has reportedly launched a registration portal that will serve as a one-stop shop for Saudi women interested in driving on Uber.
Property developer to deliver omnichannel experiences to UAE customers
Nshama has announced the launch of its new customer portal as part of efforts to fully digitise its customer experience.