IBM report: Data breach costs drop 18% in the Middle East, reaching SAR 27mln in 2025
IBM (NYSE:IBM) released its 2025 Cost of a Data Breach Report, revealing that the average cost of a data breach…
FinTech
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EazyPay, Mastercard boost B2B payments in Bahrain
Eazy Financial Services (EazyPay) has partnered with Mastercard and launched Mastercard Receivables Manager to accelerate digital transformation in Bahrain’s financial…
Rakbank becomes the first UAE bank to offer crypto trading for retail
The National Bank of Ras Al Khaimah (Rakbank), a government-owned bank in the United Arab Emirates (UAE), is the first…
Lean Technologies receives IPA from the Central Bank of the UAE
Lean Technologies has received In-Principle Approval from the Central Bank of the UAE under the country’s newly introduced Open Finance…
Wipro wins Multi-Year “Smart Grid” deal from Saudi Electric Company
Wipro Limited has announced a multi-year strategic contract from Saudi Electric Company – National Grid SA. Wipro will implement…
Eton Solutions Announces Strategic Partnership with Asas Capital to Launch ‘Family Office as a Service’ in the Middle East
Eton Solutions will be the exclusive technology partner for Asas Capital’s newly licensed Multi-Family Office in Saudi Arabia. Asas Capital…
CBUAE and Presight launch a technology services-based joint venture
The Central Bank of the United Arab Emirates (CBUAE) and Presight, a leading AI and big data analytics company, have…
Going cashless in UAE? Top digital payment options tourists must know
From Dubai’s malls to Abu Dhabi’s cultural sites, the UAE is now one of the world’s most cashless travel destinations.…
Fortinet report: OT cybersecurity risk elevates within executive leadership ranks
Fortinet has announced the findings from its global 2025 State of Operational Technology and Cybersecurity Report. The results represent…
Gulf Bank signs MoU with global cybersecurity leader CrowdStrike
As part of its ongoing commitment to enhancing cybersecurity in Kuwait, Gulf Bank has signed a Memorandum of Understanding (MoU)…
UBF reaffirms commitment to strengthen digital infrastructure of financial and banking sector
The UAE Banks Federation, the sole representative and unified voice of UAE banks, reiterated its commitment to strengthen digital infrastructure…
Saudi Arabia, Kuwait forge AI partnership to advance governance, innovation
Saudi Arabia and Kuwait have taken a significant step toward strengthening regional collaboration on artificial intelligence governance and innovation by…