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August 14, 2019

Startup Masterclass -Interview with Nitesh Marwaha

Insight Middle East and Africa is delighted to speak to Nitesh Marwaha, Founder and Managing Director at Infinity Conferences, and lead instructor at Startup Masterclass.

Nitesh, please tell us about yourself and your role at Infinity Conferences.

I’m an innovator and entrepreneur with 11 years of experience in the education industry. I have trained 2500+ students in business, communication, and marketing. My focus in the last five years has been in producing education programs aiming at emerging technologies such as Data Science, AI, Blockchain, and IoT. I hold an MBA Degree specialized in Digital Marketing from Symbiosis University, India.

I [...]

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August 8, 2019

5 insurance firms sign up on DIFC-based blockchain platform

Based at Dubai International Financial Centre, DIFC, Addenda is an InsurTech firm that uses distributed ledger technology to streamline processes between insurance companies.

With the global InsurTech market revenue valued at US$533 million in 2018 and expected to reach over $1 billion by 2023, numerous UAE and Middle East-based insurance firms are recognising the potential of this fast-growing sector.

Aman Insurance, Al Wathba Insurance, National Takaful Company (Watania), Noor Takaful and Oriental Insurance are the first companies to adopt Addenda’s technology, demonstrating the first use-case for a blockchain transaction in the regional insurance [...]

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August 7, 2019

New Mimecast Report Reveals Analysis of 67 Billion Rejected Emails

Report Discovers Trojans Made up 71% of Opportunistic Attacks, and Education as the Most Targeted Sector

Mimecast Limited, a leading email and data security company, launched its first Threat Intelligence Report: Black Hat Edition 2019. The report provides technical analysis of emerging threats identified as attempts to get through the security environment of Mimecast customers. Within the report, Mimecast Threat Center researchers outline tactics and techniques of emerging threats, active threat campaigns observed, primary threat categories and volume, and the top targeted sectors. Researchers also offer their insights into how the threat landscape may change over the [...]

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August 7, 2019

Tenable Expands Partner Ecosystem to Span the Cyber Exposure Lifecycle

Tenable®, Inc., the Cyber Exposure company, announced the expansion of its Cyber Exposure ecosystem with new and enhanced technology integrations from leading vendors in public cloud infrastructure, SIEM and IT Service Management solutions. This news follows Tenable’s announcement of new innovations to automatically discover and assess rogue assets across on-premises and cloud environments. Together, they enable customers to manage, measure and reduce cyber risk holistically through greater visibility across the modern attack surface plus integrated security and IT workflows for faster detection and remediation.

“We’re methodically expanding our Cyber Exposure Ecosystem [...]

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August 6, 2019

Mimecast Now Delivers Community-Based, Tailored Threat Intelligence

New Dashboard Identifies Users Most At-Risk, Threat Detection with Origin by Geo-Location, Indicators of Compromise and Forensics for Actionable Intelligence and Response

Mimecast Limited, a leading email and data security company, introduced Mimecast Threat Intelligence which offers customers a deeper understanding of the cyber threats their organizations face. The new features are designed to give organizations access to threat data and analytics specific to their overall organization, offering a more granular view of the attacks Mimecast has blocked. The Mimecast Threat Intelligence dashboard highlights end-users who are most at-risk, malware detections, malware origin [...]

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August 6, 2019

Data Science Innovations from Tenable Accelerate Vulnerability Prioritization and Remediation

Tenable®, Inc., the Cyber Exposure company, announced new Predictive Prioritization capabilities within Tenable.io® and Tenable.sc™, for vulnerability management in the cloud and on-premises, that accelerate the discovery, prioritization and remediation of vulnerabilities before they are published in the National Vulnerability Database (NVD).

Depending on the issuing software vendor, a significant lag may exist between when a vulnerability is publicly announced and when it appears in the NVD.  Furthermore, organizations often rely on the NVD’s severity rating to prioritize remediation efforts. This delay creates a Cyber Exposure gap where security teams are unable to [...]

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August 6, 2019

Blueair Strengthens its Presence in Saudi Arabia

Blueair, a world leader in air purification solutions, announced that it has signed on Nikai as its distributor in Saudi Arabia further expanding its reach and sales network across the Kingdom. TR Ganesh, General Manager – Middle East and Africa, Blueair and Sanjeev Jain, CEO of Nikai unveiled Blueair’s full range of Classic, Sense+ and Cabin Air range of indoor and car air purifiers at the launch event, which was held at the Holiday Inn Olaya in Riyadh.

“Cities like Riyadh feature high on the list of most air polluted cities in the world and this can be attributed to the country’s hot and humid weather with frequent sand storms. Hence, it is important for Saudi [...]

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August 5, 2019

AVEVA Releases First Unified Operations Center Solution with Industry-specific Best Practices to Help Middle East Customers Capitalize on Digital Transformation

AVEVA, a global leader in engineering and industrial software, launched Unified Operations Center, its command-and-control solution for infrastructure operators such as smart cities and facilities management, and for industries like Oil & Gas and Mining.

Working side-by-side with leading companies in these verticals, AVEVA has turned best practices into templated solutions that are repeatable, scalable and adaptable, enabling fast implementation and return on investment. Organizations such as the Abu Dhabi National Oil Company (ADNOC), Assmang Proprietary Ltd and the city of Atal Nagar in India have pioneered early versions of this tailored approach and have realized [...]

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August 1, 2019

MEASA region’s first ‘blockchain KYC data-sharing consortium’ to launch in Dubai

The Dubai International Financial Centre, DIFC, together with Mashreq Bank, and ‘norbloc’, a ‘Know Your Customer’, KYC, and client onboarding fintech regionally headquartered in the DIFC, announced their strategic alliance to launch the region’s first production-ready blockchain KYC data-sharing consortium in Q1 of 2020 to support businesses and corporates in Dubai.

In line with the UAE Blockchain Strategy 2021, the alliance entered into a Memorandum of Understanding, MoU, in January 2019 with the strategic intent to create a first-to-market platform serving banking sector clients in the UAE. This initiative will [...]

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August 1, 2019

Completion of the sale and purchase of 99.85% of the shares in DenizBank A.Ş. by Emirates NBD from Sberbank of Russia

Emirates NBD Bank PJSC and Sberbank refer to the announcement dated 30th June 2019 relating to the approval by banking regulators in the UAE, Turkey, Austria and Russia of the proposed acquisition of 99.85% of the shares in DenizBank A.Ş. by Emirates NBD from Sberbank.

Emirates NBD and Sberbank are pleased to announce that the Transaction has now been completed, with Emirates NBD now holding 99.85% of the shares in DenizBank A.Ş.

Herman Gref, CEO, Chairman of the Executive Board of Sberbank commented: “Since 2012, DenizBank has made meaningful progress across all key areas, delivering growth in sales of products and services via digital channels, [...]

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July 30, 2019

Dubai International Financial Centre boosts UAE financial sector development and reports significant growth during first half of 2019

Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, reinforced its contribution to the UAE’s economy and its commitment to driving the future of finance, following strong performance during the first half of 2019.

The Centre saw sustained growth in the first half of 2019, welcoming more than 250 new companies, and bringing the total number of active registered firms to 2,289, demonstrating a 14 percent increase year-on-year. This has fuelled the creation of over 660 jobs, boosting the Centre’s combined workforce to more than 24,000 individuals, and has resulted in the occupancy of 99 [...]

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July 24, 2019

Smart Dubai’s ‘DubaiNow’ App Hits AED 4 Billion in Total Value of Transactions Processed

The app has processed 7.5 million transactions over the course of its lifetime

The DubaiNow platform and application has processed 7.5 million transactions, worth AED 4 billion, since its launch in 2015, making it the city’s preferred portal for transactions with government services, asserted Smart Dubai and the Dubai Department of Finance (DoF).

The application was designed to provide a single, centralised service platform that offers fast, seamless, and paperless services, allowing Dubai residents to complete all transactions digitally, through a web portal or via smartphone.

The platform has grown to house more than 70 government and private [...]

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July 24, 2019

Embracing Adversity – A skill that can be learned!

By Zubair Ahmed, SVP, Emirated NBD Group Operations & Transformation

When situations get dire, we have all seen personal resilience in people around us. We have called it many different things – the spirit of a fighter, never say die attitude, or simply put, an ability to bounce back. Witnessing such personal resilience, we have been astonished at times, at ways in which people can survive, and often thrive, despite facing life changing setbacks, and wondered about the source of this very special human power.

The world is increasingly acknowledging that EQ (emotional quotient) is just as vital, if not more, than IQ (intelligence quotient) as far as [...]

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