Author: Staff
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Backbase acquires Kasisto, leading the industry shift to Agentic Banking
Backbase has announced the acquisition of Kasisto, a pioneer in agentic AI for banking and financial services. Kasisto’s agentic platform, financial services intelligence, and New York-based team are now part of Backbase and the AI-native Banking OS. Most banks have deployed agentic AI in isolated pockets — agents that answer questions without resolving work, leaving…
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SICO Capital Named ‘Equity Fund of the Year’ at the 2026 GBM Middle East Awards
SICO Capital, licensed by the Capital Market Authority and a wholly owned subsidiary of SICO BSC (c), a leading regional asset manager, broker, and investment bank with a direct presence in Bahrain, Saudi Arabia, and the UAE, today announced that the SICO MENA Equity Fund has been named ‘Equity Fund of the Year’ at the 2026…
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Middle East and Africa Enterprises Prioritize Data Control and Sovereignty to Enable Trusted AI Growth
New research from Veeam Software, the Data and AI Trust Company, reveals that organizations across the Middle East and Africa (MEA) are taking a deliberate and disciplined approach to AI adoption, prioritizing data sovereignty, operational control, and cyber resilience to build trusted AI and data foundations as they accelerate digital transformation initiatives. While AI remains a…
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Axis releases new lightweight body worn camera designed to perform throughout the workday
Wearable cameras help deter incidents and positively influence behavior, for both the public and the wearers. As a result, demand continues to grow, including in retail, healthcare, and transportation. To meet the need, Axis Communications has introduced its latest lightweight, workplace-ready camera: AXIS W111 Body Worn Camera. This body worn camera from Axis offers all-day…
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Nemetschek Group Strengthens GCC Construction Sector with Completion of HCSS Acquisition
The Nemetschek Group, one of the world’s leading software providers for the Architecture, Engineering, Construction and Operations (AEC/O) industry, has announced the completion of its acquisition of Heavy Construction Systems Specialists (HCSS) from Thoma Bravo. The strategic move is set to accelerate digital transformation across the GCC’s rapidly expanding construction and infrastructure sectors. Founded in 1986…
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Grovy Developers and USquare Luxe Properties Unveil Show Apartment for Ramada Residences by Wyndham, Marking a New Benchmark in Mid-Market Branded Living in Dubai Islands
Grovy Developers, an award-winning real estate developer in Dubai, has joined hands with USquare Luxe Properties to unveil the first look at its show apartment for Ramada Residences by Wyndham at Dubai Islands. Located within Grovy’s sales centre in the bustling hub of JVC, the show apartment marks the first physical presentation of the development,…
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ArabianCenterTurnsUptheFunThisSummerwithaFull Line-Up of Family Entertainment
Summer in Dubai has a way of settling into a routine. The kids are restless by noon, outdoor plans come with a side of heatstroke, and parents are left searching for ways to fill the long holiday hours. That’s where Arabian Center steps in. This summer, the neighbourhood favourite is turning up the fun with a packed calendar of family entertainment, new attractions, and plenty of reasons to stay longer than planned. From 10 July to 2 August, Entrance B will transform into a lively…
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Magna AI and Naver Innovation Announce Strategic Partnership to Advance Saudi Arabia’s Sovereign AI Future
Magna AI, the global integrated-value-chain sovereign AI transformation leader established through a partnership between Trend Micro and Wistron Digital Technology Holding Company (WDH), powered by NVIDIA, today announced a strategic partnership with Naver Innovation Company. The agreement was formalized at the Global AI Show Riyadh by Dr. Moataz Bin Ali, CEO of Magna AI, and…
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OPSWAT Sends Device Toward Space to Demonstrate Prevention-First Cybersecurity for Extreme Environments
OPSWAT, a global leader in critical infrastructure protection (CIP) cybersecurity solutions, has released a video of its MetaDefender Kiosk™ Mini operating during a near-space cybersecurity validation mission. The security solution, which sanitizes USB devices, external drives, and other removable media before they enter critical infrastructure environments, successfully processed thousands of malware samples throughout its journey. Attached…
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Dubai’s All-American Entertainment Destination Brings Laughter with Stand-Up Comedy to the Stage This July
Get ready for an evening packed with laughs as Rodeo Drive Ibn Battuta Gate brings live stand-up comedy nights this July. Taking over the stage this Thursdays, the comedy series will showcase some of the UAE’s most recognisable comedians, delivering sharp wit, relatable humour and an unforgettable live entertainment experience. This edition on 2 July features renowned…