Middle East stories

SleekFlow secures USD $7 million in Series A+ funding led by Atinum Investment, pushing its total to USD $15 million to fuel global expansion and AI advancements.

Orbus Software and Unipart Consultancy form a new partnership to enhance digital transformation, utilising OrbusInfinity to provide live digital blueprints for diverse sectors.

Kaspersky’s 2024 forecast warns of heightened cyber dangers: AI-driven attacks, ransomware-as-a-service, and iOS vulnerabilities through Operation Triangulation.

Radware's H1 2024 report shows a 265% surge in global web DDoS attacks, largely due to geopolitical tensions and increased exploitation of application infrastructure.

The green tech market is set to surge with a 22.4% CAGR from $16.25 billion in 2022 to $122.69 billion by 2032, driven by emerging regions and innovation.

Hexnode appoints Tim Bell as VP of Sales for EMEA and APJ regions, leveraging his 24 years of tech sales leadership to enhance market presence and drive growth.

A new survey by DXC Technology reveals 91% of Australians feel organisations can better support neurodivergent employees.

A new IFS study shows only 20% of utilities firms have completed digital transformation, despite AI being a top priority.

Aleph Group has completed its acquisition of Entravision Global Partners, expanding its reach in over 140 countries and enhancing access to key digital platforms.

BlackBerry's latest report reveals alarming rise in malware, with 3.1 million cyberattacks thwarted from Jan to Mar 2024—critical infrastructure, especially finance, severely hit.

Visa’s new report reveals that 67% of Australians prefer digital apps for overseas remittances, driven by occasions, unexpected needs, and humanitarian aid.

SentinelOne bagged the MVP Vendor award for APAC and the Global Partner’s Choice award at the 2024 Beyond Awards, celebrating their impactful partnership with Pax8.

Quantexa reports a 40% surge in Decision Intelligence ARR, projecting GBP £80 million by 2024, driven by expanding markets and strategic partnerships.

Colt Technology Services is set to invest EUR €100 million to expand into six Asian markets, aimed at boosting digital infrastructure and cloud adoption in the APAC region.

STACK Infrastructure secures USD $1.3 billion for global data centre expansion, emphasising green construction in key regions like Melbourne and Manassas.

For the first time in five years, EMEA has overtaken North America as the prime target for DDoS attacks, with the UK suffering 26% of the assaults.

Westcon-Comstor reports an 8% revenue increase to USD $3.69 billion for FY24, driven by recurring revenues and growth in cybersecurity and networking sectors.

Conducted by the Childlight Global Child Safety Institute and UNSW, the report highlights a growing public health crisis.

Myriota unveils FlexSense, a revolutionary IoT platform, promising rapid deployment and extensive battery life, significantly accelerating sensor-based solutions.

Encompass Corporation appoints Nynke Postma, founder of Blacksmith KYC, as Head of Business Development for Asia and the Middle East to boost CDI product value.