Author: Arabian Media staff

Osama Alzoubi, Middle East and Africa VP at Phosphorus Cybersecurity Cyber threats across the GCC are accelerating at an alarming pace, fueled by three converging forces: the explosion of connected devices, the rapid rise of AI-generated cyberattacks, and the widespread accessibility of plug-and-play hacking kits. From airport surveillance cameras to smart oil refinery sensors, the region’s infrastructure now leans heavily on xIoT — an extended network of devices spanning printers, displays, drones, robotics, and beyond. Alarmingly, enterprises in the Gulf now average 13 xIoT devices for every traditional IT asset, many of which were never designed with security in mind.…

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Image: WAM/ For illustrative purposes STAMN Real Estate Development has introduced a new “Foreign Buyer Power Index” ranking nationalities based on their purchasing power for real estate in the UAE. The index, revealed on September 22, places UK investors at the top, followed by the US The index, which considers factors like currency exchange rates, wealth, and capital mobility, ranks the UK first with a score of 86, followed closely by the US at 84. Kuwait, Saudi Arabia, and Qatar round out the top five, with scores of 82.8, 82.2, and 81.8, respectively. According to STAMN, these nationalities feature at…

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Image: Getty Images/ For illustrative purposes The Gulf Cooperation Council’s (GCC) food consumption is forecast to grow by 4.6 million metric tonnes (MT) to 55.5 million MT by 2029, according to Alpen Capital’s latest GCC food industry report. The UAE-based investment banking advisory firm said growth will be driven by demographic expansion, higher spending power, and rising tourism activity, but noted that changing consumer preferences, greater nutritional awareness and healthier eating habits will alter the mix of categories consumed. “Food consumption in the GCC is projected to grow on the back of demographic expansion, rising spending power and burgeoning tourism…

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Image: Supplied AD Ports Group  in partnership with Unicargas and Multiparques, has laid the foundation stone for the Noatum Ports Luanda Terminal at the Port of Luanda, marking the start of a major modernisation and expansion project in Angola. The project involves an initial investment of $250m over the first three years, with total investment expected to reach up to $380m over the 20-year concession period, extendable until 2055. Construction will span 18 months and aims to deliver state-of-the-art infrastructure, advanced technology, and sustainable equipment, positioning the Port of Luanda as one of the most competitive in Central and West…

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Image: Getty Images/ For illustrative purposes RAK Digital Assets Oasis has been rebranded and relaunched as Innovation City (INC), positioning Ras Al Khaimah as a hub for technology and innovation companies, the authority said. The initiative aims to create a global ecosystem for entrepreneurs and innovators, initially focusing on five sectors: Web3 and digital assets, artificial intelligence, gaming and iGaming, robotics, and healthtech and digital health. Sheikh Mohammed bin Humaid Al Qasimi, chairman of Innovation City, said the project would help “shape industries and put Ras Al Khaimah on the map as a capital of innovation for decades to come.”…

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