Category Archives: Magazine

Mimecast Report Finds 57% of Organisations in Middle East Believe they will Suffer a Negative Business Impact from Cybercriminals in 2017

Report reveals that Email is the most likely method for ransomware infection in the Middle East

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Dubai, Abu Dhabi begin year on positive notes

UAE MARKET REPORT JAN 2017

With a rather topsy-turvy 2016 behind it, the real estate market in the UAE is expected to take positive strides in 2017. Given the uncertainty prevalent in the global market, many realty investors are heading to markets that offer stability of rental returns as well as room for capital value growth. Dubai and Abu Dhabi rank prominently among such markets, and their unique position on the map and importance as the gateway to the MENA region make their pull even stronger.

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Transportation of the Future Discussed at World Government Summit in Dubai

Tesla CEO, Elon Musk and Uber CEO Travis Kalanick among speakers

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Riskmap 2017: A Year of Acute Uncertainty for Business

The high levels of complexity and uncertainty attached to the key political and security issues for the year, highlighted by RiskMap, mean that boards will need to undertake comprehensive reviews of their approaches to risk management

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Dubai Quickly Becoming Popular as a Startup Hub

The recent immigration ban has caused a lot of startups and large tech companies in the US to rethink their strategies. It is more difficult to get existing talent – those who already have a valid visa and a job in a US-based company – back after they leave the country. Trying to bring in new talent is even more difficult.

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Cyber Criminals Name and Shame 1000 ‘Rippers’ On New Website

Cyber criminals develop service to protect themselves from scammers

A service set up to protect cyber criminals from being ‘ripped off’ by their fellow criminal cohort has recently identified the 1,000th culprit that has failed to come up with the goods. Ripper.cc was formed in June 2016 and is the only known service to keep a database of known ‘rippers’ – those who rob others on the dark web and other criminal marketplaces. Digital Shadows has been tracking the service since its inception.

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Al Shafar Steel Engineering to Double Facilities at Dubai Industrial Park

  • AED175 million expansion to make ASSENT one of the largest steel companies in the region
  • The new expansion makes Shafar one of the largest steel companies in the region, spread over an area of 2.4 million square feet.

Al Shafar Steel Engineering LLC (ASSENT), a leading company in the field of structural steel design and manufacturing and a member of the UAE-based Al Shafar Group of Companies, has announced the expansion of its facilities located at Dubai Industrial Park. The expansion, which will result in one of the largest steel manufacturing companies in the region, is geared to grow the company’s operational footprint in the UAE and the wider GCC region.

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Mohammed Bin Rashid School of Government Report Highlights Social Media, Internet of Things as Key Tools for Data-driven Policymaking

Mohammed Bin Rashid School of Government (MBRSG), a research and teaching institution specializing in public policy in the Arab world, today launched its 7th Arab Social Media Report. Titled Social Media and IoT: Towards Data-driven Policymaking in the Arab World – Potential, Limits and Concerns, the document explores the opportunities and limitations that digitally disruptive technologies present, and examines their ability to enhance policymaking through data-driven approaches.

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Five Key Questions to Ask Before Migrating to the Cloud

Migrating applications to the cloud offers incredible opportunities that can make your business more versatile and efficient. Collaboration is often easier with the cloud, for example, and it can make disaster recovery a breeze. However, the cloud isn’t necessarily the right choice for every application. Is your team thinking of shifting your application to a cloud-based model? Make sure to take the following considerations into account before making your move:

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Hamdan Bin Rashid Al Maktoum Award for Distinguished Academic Performance joined Dubai Quality Group as an Investor partner

Hamdan bin Rashid Al Maktoum Award for Distinguished Academic Performance signed an investor partnership agreement with Dubai Quality Group (DQG) to activate fruitful cooperation between both parties to foster quality, business excellence, innovation, education performance, and leadership in the education sector

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Emirates NBD act as Sole Global Coordinator for Africa’s $150m Inaugural Susuk Issuance.

The Africa Finance Corporation’s (AFC) issuance represents the global market’s first USD Sukuk transaction of 2017 and the first Sukuk transaction from an African supranational entity. The pan-African multilateral development finance institution and project developer, AFC, issued its maiden Sukuk which is the highest-rated Sukuk issuance from an African institution. Emirates NBD Capital played a role as the Sole Global Coordinator in the 150 million USD transaction which has an estimated final order book of approximately 230 million USD.

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Economic Performance of GCC as Countries Adapt to Falling Oil Prices

As the GCC countries drift away from oil dependency to strengthen their economy from a diversity of sectors, the business environment has not been ideal for some countries while government initiatives to aid the adaptation to falling oil prices and transition to a more diverse economy has not been favourable for some sectors.

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