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Ransomeware continued to be the top threat and telecommunications was the most affected industry in the first quarter of 2022, according to a new trends report.

Various opportunities, problems, and issues related to banking trends have been observed by the organisation. A transition to digital and quick payments is one of them. The Middle East digital payments market is expected to develop at a CAGR of 6.5 percent from 2020 to 2025, owing to a sharp increase in e-commerce sales, widespread internet access, and high smartphone adoption.

As the importance of tangible climate actions gains traction around the world, the UAE has stepped up its efforts by enlisting the help of all stakeholders in energy-intensive businesses.

According to the findings of the second edition of the report, the ransomware empire's winning streak continued, with the average ransom demand increasing by 45 percent to $247,000 in 2021.

Freshworks Inc., a software company that empowers the people who power businesses, has released the results of its second annual Freshservice Service Management Benchmark Report.

Xebia, a global IT consultancy, is expanding in the Middle East against the backdrop of rapid demand in the region, as more businesses realize they must undergo digital transformation or face an uncertain future.

The Zubair Corporation LLC (TZC), a consignment family-owned business with a diverse portfolio of subsidiaries in Oman, has partnered with the global technology company SAP.

Sharjah Sustainable City, an eco-friendly community developed by Sharjah Investment and Development Authority (Shurooq) in collaboration with Diamond Developers, hosted a delegation of students and faculty from the American University of Sharjah (AUS) last week, who toured the project site to become acquainted with sustainability concepts, their integration with the urban landscape, and their positive impact on the environment.

To meet the need for such an environment, Samsung SmartThings and CommScope RUCKUS have launched a partnership that would allow landlords and building owners to provide better experiences to renters and inhabitants.

The high-end opening event at Palm Jumeirah Dubai was attended by distinguished visitors, and MContent launched their original co-productions titled "Ripple vs. SEC Saga" and "El Salvador vs. World Bank."