IT & Telecommunications

IT & Telecommunications

Paramount unveils AI-powered SoCMate at GISEC 2026

Thu, 17 Sep 2026

Paramount, a UAE-headquartered cybersecurity company, has announced the launch of SoCMate, a first-of-its-kind GCC-born AI-powered security investigation assistant.

IT & Telecommunications

DESC, Financial Audit Authority sign MoU

Thu, 17 Sep 2026

The Dubai Electronic Security Centre (DESC) and the Financial Audit Authority (FAA) have signed an MoU to strengthen institutional integration and exchange specialised expertise and knowledge.

IT & Telecommunications

Cybersecurity is a collective responsibility, says top official

Wed, 16 Sep 2026

Cyber resilience is increasingly linked to national and economic security, and cybersecurity depends on collective defence, Dr Mohamed Al Kuwaiti, Head of the UAE Cybersecurity Council, said at a key conference at the GISEC Global 2026.

IT & Telecommunications

Saudi Arabia 'moving towards greater investment in R&D, homegrown innovations'

Wed, 16 Sep 2026

Saudi Arabia’s innovation agenda is entering a new phase, with the focus shifting beyond technology manufacturing and adoption towards greater investment in R&D, the development of homegrown innovations and technologies, stronger control over intellectual property creation, says Ahmad Saleh, Partner and Head of Innovation, Patents & Industrial Property at Al Tamimi & Company.

IT & Telecommunications

OpenAI eyes $1.2 trillion valuation in fresh capital hike ahead of IPO

Wed, 16 Sep 2026

OpenAI has recently held discussions with large investors about a fresh capital raise ​that would increase the ChatGPT maker's valuation to ‌about $1.2 trillion before it goes public, the Financial Times reported on Tuesday, citing people familiar with ​the matter.

IT & Telecommunications

SIF workshops examine role of digital transformation

Wed, 16 Sep 2026

The second edition of the Saudi Industry Forum (SIF) has hosted a series of workshops exploring digital transformation, emerging technologies and sustainable innovation.

IT & Telecommunications

Saudi Proptech gets funding to scale AI-enabled building materials procurement

Wed, 16 Sep 2026

BRKZ, a leading Saudi-based technology-enabled building materials procurement platform, has announced that it has secured $31 million in new capital to fuel its next phase of growth, including advancing its AI-powered pricing and fulfillment engine and rolling out embedded financing solutions for its network of contractors and suppliers.

IT & Telecommunications

UAE cybersecurity chief urges vigilance against digital threats

Wed, 16 Sep 2026

Cyber threats are increasingly extending beyond data breaches to affect individuals, communities and critical sectors, according to Dr Mohamed Al Kuwaiti, Chairman of the UAE Cybersecurity Council.

IT & Telecommunications

PIF spearheading Saudi Arabia’s push to build AI ecosystem

Tue, 15 Sep 2026

Saudi Arabia is ramping up investment in artificial intelligence and digital infrastructure, led by its wealth fund PIF as the country seeks to attract technology capital and build domestic AI capabilities. The kingdom ranked first globally in digital governance and cybersecurity indicators, and third in AI models.

IT & Telecommunications

Bahrain's iGA seals agreement with Saudi Data and Artificial Intelligence Authority

Tue, 15 Sep 2026

Bahrain's Information & eGovernment Authority (iGA) has signed an agreement with the Saudi Data and AI Authority (SDAIA) in a move aimed at strengthening joint co-operation and the exchange of expertise and knowledge in the fields of Data and Artificial Intelligence.