In order to improve its digital banking services, Abu Dhabi Islamic Bank (ADIB) has signed an agreement with Visa, a major payment services company, to use cutting edge hacking technologies. With the danger of cyberattacks growing, this partnership aims to make online transactions safer and keep customer data safe. Visa’s security solutions will likely make...
The Sharjah Executive Council (SEC) has announced the establishment of the Sharjah Cyber Security Centre, aimed at creating a comprehensive system for information safety. This decision came during a recent meeting chaired by H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, the Crown Prince and Deputy Ruler of Sharjah, where various topics were discussed,...
The United Arab Emirates (UAE) is currently confronting approximately 50,000 electronic attacks every day, according to the UAE Cyber Security Council. This alarming statistic underscores the critical need for robust cyber defenses in the nation. Dr. Mohamed Al Kuwaiti, Chairman of the UAE Cyber Security Council, highlighted that the country possesses an advanced cyber security...
Dream Security, an Israeli cybersecurity startup, has reached a significant milestone by attaining a billion-dollar valuation. The company specializes in artificial intelligence solutions and has garnered support from an investor based in Abu Dhabi. Co-founded by former Austrian chancellor Sebastian Kurz, Dream Security is poised to make a notable impact in the cybersecurity landscape. The...
Generative AI is being recognized as both an opportunity and a challenge for business leaders in Qatar. According to Ahmed Ben Abdallah, Partner and Advisory Head of Digital and Innovation at KPMG in Qatar, the successful harnessing of generative AI’s potential will require strong ethical frameworks, investment in training, and the implementation of effective AI...
Dr. Mohamed Al Kuwaiti, the Head of the UAE Cyber Security Council (CSC), announced that the National Cybersecurity Strategy will be officially launched this week. This initiative aims to align the UAE with significant transformations in various sectors, particularly in advanced technology, reinforcing the country’s position in artificial intelligence and the digital economy. Speaking to...
Artificial Intelligence (AI) is central to the transformation of the UAE, fueling innovation in both government and business sectors. This shift towards a digital-first economy is being significantly advanced by e& enterprise, the digital transformation division of the global technology group e&. Khalid Murshed, the CEO of e& enterprise, spearheads the provision of advanced solutions...
UAE authorities have significantly enhanced the country’s security by implementing an artificial intelligence-driven Crime Map, which helps predict and prevent crimes before they occur. Dr. Mohamed Al Kuwaiti, head of the cybersecurity department, revealed that in the past year, the system successfully prevented more than 50 suicide cases among other crimes, including murder, drug dealing,...
The Dubai Financial Services Authority (DFSA) has announced its Business Plan for 2025-2026, aiming to solidify the Dubai International Financial Centre’s (DIFC) position as a leading global financial hub. The plan aligns with Dubai’s Economic Agenda D33, Digital Dubai, and the DIFC 2030 Strategy, focusing on regulatory excellence, innovation, and sustainable growth. The DFSA highlighted...
The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, approved significant national strategies during its meeting at Qasr Al Watan in Abu Dhabi. A key highlight was the approval of the National Cybersecurity Strategy, which focuses on creating a secure digital environment. The...