Artificial intelligence has moved beyond experimentation to become a strategic operating layer for modern enterprises, but with that shift comes a new set of governance, cybersecurity and business risks, said industry experts at a key event hosted by the Indian Business & Professional Council (IBPC Dubai).
The UAE Cybersecurity Council, in partnership with Amazon Web Services (AWS), CrowdStrike and e&, has completed the first cohort of a government-backed cybersecurity startup accelerator programme aimed at helping develop over 500 cybersecurity startups under its national cybersecurity strategy.
Tawazun Council for Defence Enablement has signed an agreement with top global security, defence and aerospace contractor Lockheed Martin to set up a Cybersecurity Centre of Excellence in the UAE, in a strategic move aimed at strengthening the UAE’s national capabilities in the digital domain.
Cloudsdcs, a global enterprise cloud and cybersecurity specialist with over 20 years of experience, has announced its expansion into Saudi Arabia with support from AstroLabs, the Gulf’s premier business setup and growth platform.
Shortage of qualified IT security professionals and competing security priorities are among the key challenges facing firms in the Middle East, as supply chain and trusted relationship attacks emerge as a growing threat, with one in three businesses reporting an incident in the past year, said a top industry expert.
ExtraHop, a US-based cybersecurity company and a leader in modern network detection and response (NDR), has announced its expansion into Saudi Arabia following significant international growth, including key expansions and customer wins across Europe, Middle East and Asia Pacific.
stc Bahrain, a leading telecom company in the kingdom, has joined hands with Bahrain Development Bank to deliver key cloud and cybersecurity services. This comes as part of its commitment to empower Bahrain’s financial sector with technology infrastructure.
Saudi-based Merak Capital said it has completed a strategic investment in leading cybersecurity company DSShield. The investment comes as organisations across the kingdom accelerate digital adoption, cloud migration, and industrial automation.
Group-IB, a leading creator of cybersecurity technologies, has joined hands with VAS Integrated Solutions, a value-added distributor (VAD) of leading brands, to explore strategic co-operation and future channel-led expansion opportunities across Saudi Arabia.
The global digital economy is expected to grow by 9.5% next year, three times faster than the global economy, according to the Digital Economy Trends (DET) 2026 report. It is projected to reach an estimated $28 trillion in 2026, representing 22% of global GDP.
