SMEs

Qualys, Inc., a provider of disruptive cloud-based IT, security and compliance solutions, has announced the expansion of its TruRisk platform to serve the needs of both large enterprises and small and medium-sized businesses.

Wio, a state-backed digital bank, has been given the go-ahead to launch in UAE which in the beginning will focus on small and medium enterprises with a goal of public listing in the future. Wio is held by the Abu Dhabi sovereign wealth fund ADQ, Alpha Dhabi, and Etisalat, to 65%, 25%, and 10%, respectively. It received initial authorization to start operations from the UAE central bank in February.