Tag: Middle East

BusinessCybersecurityTechnology

Iranian MuddyWater Hackers Infiltrate Over 100 Government Networks in MENA Region

Iranian state-linked hackers have compromised more than 100 government and diplomatic networks across the Middle East and North Africa. The MuddyWater group used hijacked email accounts and VPN services to deploy sophisticated malware in a months-long campaign.

Widespread Government Network Breaches

Security researchers have uncovered a major cyberespionage campaign targeting government entities across the Middle East and North Africa, with Iranian-linked hackers reportedly breaching more than 100 organizations. According to reports from cybersecurity firm Group-IB, the MuddyWater group – also known as APT34, OilRig, and TA450 – has been conducting this sophisticated operation since August, focusing primarily on diplomatic and government networks.

by Alvarez Jordan
BusinessInvestment Banks

Abu Dhabi’s IHC Unveils $36 Billion Investment Cycle in Aggressive Global Expansion Plan

The Middle East’s second-largest company by market value has announced an ambitious expansion strategy that could reshape global investment patterns. International Holding Company reportedly aims to deploy $36 billion every 18 months to double its massive asset portfolio within five years.

Massive Expansion Strategy

International Holding Company (IHC), Abu Dhabi’s sprawling conglomerate and the Middle East’s second-largest company by market value, has unveiled an aggressive expansion plan that involves spending $36 billion every 18 months, according to reports in the Financial Times. Sources indicate this ambitious investment cycle aims to double the company’s current $119 billion asset base over the next five years.

by Alvarez Jordan
BusinessInvestment Banks

Abu Dhabi’s IHC Unveils Aggressive $36 Billion Investment Cycle in Global Expansion Push

The Middle East’s second-largest company by market value has announced an ambitious expansion strategy involving massive investment cycles. International Holding Company reportedly aims to double its current $119 billion asset base through strategic acquisitions and mergers.

Massive Expansion Strategy Unveiled

Abu Dhabi-based conglomerate International Holding Company (IHC) has revealed plans to invest $36 billion every 18 months as part of an aggressive expansion drive, according to reports in the Financial Times. The Middle East’s second-largest company by market value reportedly aims to double its current $119 billion asset base over the next five years through this ambitious investment strategy.

by Desai Priyanka
Arts and EntertainmentAssistive Technology

Huawei Showcases AI Innovations and Digital Transformation Solutions at GITEX Global 2025

As platinum sponsor of GITEX Global 2025, Huawei is demonstrating over 80 AI-driven solutions and 40 interactive demonstrations. The company is highlighting its commitment to advancing industrial intelligence through cutting-edge networks, cloud technologies, and cybersecurity frameworks.

Huawei’s Major Presence at Premier Technology Event

Huawei is making significant waves as a platinum sponsor of GITEX Global 2025 with the theme ‘All Intelligence,’ according to company announcements. The technology giant is reportedly showcasing its latest advancements in AI-driven networks, storage solutions, cybersecurity, and cloud technologies across a massive 1,200-square-meter exhibition space.

by Desai Priyanka
Arts and EntertainmentStartups

Anthropic CEO Explores Additional Funding With Abu Dhabi’s MGX After Record Financing Round

Anthropic CEO Dario Amodei reportedly met with Abu Dhabi-based investment firm MGX to discuss potential additional funding. The talks come just weeks after the AI startup closed one of the largest financing rounds in technology history, signaling continued aggressive expansion plans.

Anthropic Explores New Funding Sources Following Record Financing

Anthropic, the artificial intelligence research company, has reportedly entered preliminary funding discussions with Abu Dhabi-based investment firm MGX, according to multiple sources familiar with the matter. The talks occurred during CEO Dario Amodei’s recent tour of several Middle Eastern countries, barely a month after the company closed one of the largest financing rounds ever for a technology startup.

by Desai Priyanka