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Entrust Cyberknight

Entrust onboards CyberKnight as new distributor for Middle East Region

The partnership will see the two companies jointly build solutions for the Middle Eastern market

Apple

End of an era: Apple discontinues its last iPod model

The touch-screen model, which launched in 2007, will remain on sale until supplies run out

Dr Alzarouni

Dr Marwan Alzarouni joins Everdome as official advisor

Dr Alzarouni is known for his work as the CEO of Dubai Blockchain Center and serves as the managing partner at innovation consultancy Accelliance

Digital dentistry - dental

Align Technology expands regional footprint into Oman

Orthodontists in Oman will now be able to receive Invisalign training in order to provide clear aligner therapy to their patients

Dubai SME leverages fintech to support start-ups in partnership with Beehive

BlackBerry partners with Midis Group to drive growth in Eastern Europe, the Middle East, and Africa

Midis Group will focus on driving growth for BlackBerry’s cybersecurity business unit

UAE ransomware

Over 59% of UAE organisations surveyed were hit by ransomware in 2021 – research

The average cost to recover from the most recent ransomware attack in 2021 was $1.26m

Okadoc

Okadoc appoints new chief executive officer for Saudi Arabia

Taher comes to Okadoc with over 15 years of experience in the industry

Multi-factor authentication

Multi-factor authentication to generate $27bn globally for mobile operators in 2022 – research

A Juniper Research study found that operators will generate this revenue from termination of SMS messages related to multi-factor authentication

Aramco

Aramco closes in on Apple as world’s most valuable firm

The rally in oil prices has boosted the world’s biggest oil company’s shares

Cloud end-user spending

Worldwide public cloud end-user spending to reach nearly $500bn in 2022: Gartner

In the Middle East and North Africa, end-user spending on public cloud will total $5.8bn in 2022, growing 18.8 per cent from 2021

Turtlemint

Insurtech platform Turtlemint, raises $120m in Series E funding

Through a digital solution, the platform assists financial advisers in matching consumers with products that is suited for their needs, reducing the difficulties of paperwork

Digital payment

Cashless economy: How adoption of digital payments is on the rise

E-commerce represents a significant avenue through which the adoption of digital payments can expand growth opportunities

EV charging

The big EV charging mystery: How long does it take?

The charging curve of any particular vehicle is closely tied to the longevity of its battery

Binance regulatory

Crypto exchange Binance gets French regulatory nod in European push

The regulatory nod will help boost the company’s ambitions in Europe and marks the exchange’s first major approval from a G-7 member nation

Thales RUAG

Thales acquires RUAG’s simulation and training business

This integration will help accelerate the move towards developing more environmentally efficient and digital training solutions for the military

Gucci

Gucci to start accepting crypto payments in select US stores

Gucci, owned by Kering SA, will initially accept 10 cryptocurrencies including Bitcoin, Bitcoin Cash, Ether, Dogecoin and Shiba Inu

Prince Alwaleed

Prince Alwaleed says Musk will be ‘excellent’ for Twitter

Prince Alwaleed, chairman of the board at Kingdom Holding Company, has now agreed to roll over his current investment

Czapek Antarctique S Frozen Star

Three stunning new stainless steel sports timepieces from independent watchmakers

There’s a rich bounty to be had from Laurent Ferrier, Parmigiani Fleurier and Czapek

Cisco , Mclaren

Cisco signs as an official technology partner of McLaren Racing

With the expanded relationship, McLaren will have access to Cisco’s full portfolio of solutions across enterprise networking, wi-fi, and collaboration

Fame MMA Everdome

Sports organisation FAME MMA acquires land on Everdome’s metaverse

As the landowner within the metaverse, FAME MMA will have the opportunity to reach fans on a new level

Atos VMware partnership

Atos, VMware extend strategic partnership to help organisations derive value from data

Companies expand partnership to help meet customers’ data sovereignty and interoperability needs, and align with Gaia-X principles

employee engagement

Truly Secure, Workfam partner to elevate employee engagement in the region

The partnership followed shortly after the employee engagement solution identified the need for increased security protection

Biomass. emissions

First African emissions reduction credit platform unveiled

The platform, to be known as CYNK, will use the Hedera Hashgraph public decentralised ledger to track emission reductions

Good times are ahead for lithium miners as prices continue to surge

The popularity of electric vehicles has driven prices for battery metals sharply higher

Sandbox AQ

Google spinoff Sandbox AQ gets backing from CIA’s venture arm

The CIA’s In-Q-Tel was joined by Paladin Capital Group, which backs innovative tech companies, in Sandbox AQ’s first round of fundraising

Bitcoin

Bitcoin tests $39,000 in push toward high end of trading range

Crypto assets have all been weighed down as the Federal Reserve and other global central banks raise interest rates

OSS

What the billion-dollar OSS market means for software delivery in the UAE

Nearshoring – outsourcing service provision to another company in a nearby country is rapidly growing. Shankar Garg, MD, Xebia Middle East outlines why this is a game-changer in software delivery in the UAE

Financial

Is the financial sector still on cybercriminals’ radars?

The New York Federal Reserve noted a report that financial firms experience cyberattacks 300 times more than other industries

5G Voice

5G voice users to reach 2.5 billion globally by 2026 – research

Despite the growth of voice-over-5G, the report forecasts operator-billed voice revenue will decline by 16 per cent over the next four years

Dubai's Virtual asset

Dubai’s Virtual Assets Regulatory Authority enters the metaverse with Sandbox HQ

As the world’s first regulator to make its debut in the metaverse, VARA aims to ensure that the regulator is accessible to its industry in their environment