German firm Einhaus Group collapses following ransomware attack
In a short period, multiple pre-ransomware intrusions were identified, all involving VPN access through SonicWall SSL VPNs
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UAE bank assets climb to USD 1.29 trillion in April as credit & deposits rise
The growth in domestic credit was attributed to a 0.7 per cent increase in credit to the UAE government sector, a 1.2% increase to the
MENA Watch: Gulf states set for growth with oil & investment boosts
Unlike the IMF’s conservative oil assumption, analysts like those at ICAEW foresee a more substantial increase in oil production in 2025
Pakistan’s central bank has room to slash interest rate further, say analysts
The State Bank of Pakistan maintained the policy rate at 11% at its most recent meeting, citing regional tensions in the Middle East and uncertainty
Saudi Vision 2030: Kingdom bets on deep tech to shape future of energy
A strong commitment to innovation is demonstrated by Saudi Arabia's planned increase in research and development spending, which is expected to reach around 2% of
Go Green with GBO: Careem’s ‘electric & eco-mobility’ initiatives take centre stage
Careem’s eco-mobility push isn’t limited to rides and bikes – it also extends into fintech territory through Careem Pay, the company’s digital wallet
Air France-KLM’s SAS gamble: All you need to know
Under the new arrangement, Air France-KLM will increase its stake in Scandinavian airline SAS to 60.5%, from the current 19.9%
MENA Watch: UAE SMEs get a boost from banking & TikTok-Visa tie-up
SMEs can not only access new customers through engaging TikTok content but also do so confidently, knowing a global payments brand is backing part of
Saudi Arabia’s PIF climbs to fourth globally with USD 1.15 trillion in assets
Global SWF claimed that PIF is shifting from a strategy that prioritises quick capital deployment to a more methodical approach that is concentrated on cost
Saudi Vision 2030: As Kingdom’s diversification efforts enter final phase, what’s left now?
Saudi unemployment fell to a historic low of 7%, meeting Vision 2030’s unemployment target ahead of time