#report

UAE, Saudi Arabia lead M&A activity in MENA in 2024: EY

UAE, Saudi Arabia lead M&A activity in MENA in 2024: EY

The MENA region’s M&A landscape in 2024 highlights a growing appetite for cross-border transactions, sectoral diversification, and a shift towards sustainable, digital-first investments

UAE insurance sector reports profits of Dhs2.5bn in 2023: CBUAE

UAE insurance sector reports Dhs2.5bn in profits in 2023: CBUAE

According to CBUAE, the insurance sector’s growth was driven by increased policy activity, investment returns, and a rising demand for coverage in key areas such as property and employment

UAE e-commerce hits Dhs27.5bn in 2023 GettyImages-157027870

UAE e-commerce sector market value reaches Dhs27.5bn in 2023

Anticipated figures indicate that the UAE’s e-commerce market will surpass Dhs48.8bn by 2028

World Economic Forum

World Economic Forum predicts technologies set to shape the next five years

The Top 10 Emerging Technologies Report 2023 showcases the technologies selected by a panel of experts based on multiple criteria

Saudi Arabia’s real GDP grows 8.8% in third quarter

Oil activities in the third quarter increased 14.2 per cent year-on-year

jobs

Over a third UAE IT decision-makers actively looking for a new job, finds study

According to ManageEngine’s IT at work: 2022, about half of IT decision-makers said they would leave their companies if pay did not keep up with inflation

semiconductor

Worldwide semiconductor revenue to decline 3.6% in 2023: Gartner

The revenue is forecast to total $596bn in 2023, down from the previous forecast of $623bn

threat

Threat landscape insights and predictions for 2023

At Kaspersky’s annual Cyber Security Weekend – META, its experts discussed various topics and threats specifically facing enterprises, businesses and industrial organisations

Manufacturing

Manufacturing sector leads in highest average ransomware payments – report

Of the organisations surveyed that paid the ransom, the average cost was $2,036,189 – more than double the cross-sector average of $812,360

Crypto

Blockchain to disrupt business models, transform the future – report

The inaugural edition of the Crypto Oasis Ecosystem Report 2022 highlights the confluence of blockchain activities in the UAE and the progress of its key players

UAE Payments

UAE payments revenue expected to reach $18.7bn by 2031 – report

The compound annual growth rate of the UAE’s overall payments revenue is forecasted to be at 7.7 per cent from 2021 – 2031, while the region is expected to grow by 9.3 per cent within the same period

accidents

Customers can now report minor traffic accidents on the DubaiNow app

Upon reporting the accident, users will receive a Dubai Police report by email or text message

Female

Pandemic sparks surge of female entrepreneurship in the UAE – report

New data from LinkedIn and World Economic Forum shows that gender bias and economic impact of the pandemic led to a rise in ‘necessity entrepreneurs’

report

New report reveals threat actors’ top social engineering tactics and campaigns

The 2022 Social Engineering Report analyses the key trends and techniques of socially engineered cyberthreats observed over the past year

Expensive city

Dubai ranks 14th most expensive city worldwide for ultra-wealthy

Shanghai ranked as the most expensive city in the world for high-net-worth individuals

UAE customers

Over 90% of UAE customers say experience is as important as products – survey

The Salesforce’s ‘State of the Connected Customer Report’ reveals how trust, personalisation and digital-first experiences are central to customer needs

Multi-access edge computing

Multi-access edge computing spend to reach $23bn globally by 2027 – research

Increased demand for on-premises machine learning and low-latency connection – provided by 5G technology to fuel this growth

Dubai FDI

Dubai ranked first globally in attracting FDI projects in 2021

The annual ‘Dubai FDI Results and Rankings Highlights Report 2021’, placed Dubai on top globally in attracting greenfield FDI projects in 2021

Getty Images

Data protection remains a challenge for nearly 90% of organisations – report

The Veeam Data Protection Trends Report 2022 surveyed over 3,000 IT decision-makers and global enterprises to understand their data protection strategies

The future of cities: Is digitalisation the solution for urban challenges?

To better manage their fiscal challenges and limited resources, cities may view themselves as companies serving a complex group of citizen-customers

UAE salaries to increase by an average of 3% in 2022-report

Up to 74 per cent of the respondents also confirmed that they intend to pay out bonuses in 2022, with 46 per cent looking at offering one- two months’ gross salary

Cybersecurity

UAE organisations report increased cyberattacks during the pandemic: research

The data also shows that there is a lack of understanding about the definition of phishing

Responsible AI

Accountants must play key role in application of AI: ACCA, CA ANZ

While potentially offering tremendous benefit, the broad applicability of AI across society must be handled carefully and professional accountants have a key role to play

cybersecurity

Trend Micro survey forewarns MENA enterprises of customer record breach in 2022

The report represents an elevated risk of attacks for organisations in the next year

cyber attacks

Web application exploits – ‘biggest cybersecurity risk’: Report

The report also finds that 57% of all known losses for the largest web app incidents over the last five years were attributed to state-affiliated threat actors

MSI - LAPTOP

CITC unveils gaming performance by Saudi Arabia’s telecom service providers

Game mode report reveals that Zain and STC shared the first place for quarterly performance

Liquid assets in UAE banks increase to Dhs486.58bn in Q1 2021

Liquid assets accounted for 15.9 per cent of the total assets by the end of the reference quarter

Business leaders rank UAE as global leader in innovation

Business executives in the UAE rank the country as a global leader in creating an ‘innovation-conductive’ environment