Yalla Group Limited (NYSE: YALA), the largest social networking and gaming company in the Middle East and North Africa (MENA), has announced impressive third-quarter financial results for 2024, ending September 30. The group reported a 4.4% year-on-year increase in revenue, reaching AED 326.5 million (USD 88.9 million), up from AED …
Read More »MG Motor Prepares for Global and Regional Premieres with Three Model Launches at Jeddah International Motor Show
MG Motor Middle East has announced the British-born brand’s plan to launch three new models in the Middle East during the Jeddah International Motor Show. As the Kingdom’s premier automotive event draws near, and as MG continues to celebrate its centenary this year, the brand is preparing to further strengthen …
Read More »IBM: Data Breach Impact Drives Costs to New Record Highs
IBM (NYSE: IBM) released its annual Cost of a Data Breach Report revealing the global average cost of a data breach reached USD $4.88 million in 2024, a 10% increase from USD $4.45 million last year, the largest yearly jump since the pandemic. Globally, 70% of breached organizations reported that …
Read More »Yalla Group announces strong financial results for the H1 of 2024, with steady growth in revenues
Yalla Group Limited (“Yalla” or the “Company”) (NYSE: YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its unaudited financial results for the second quarter of the fiscal year 2024, ending on June 30. The financial results revealed that Yalla’s H1 revenues …
Read More »LogRhythm and MCS Partner to Deliver Cybersecurity Solutions Across the Middle East and Africa
LogRhythm, the company powering today’s security operations centers (SOCs), and Mideast Communication Systems (MCS), the leading value-added distributor in the Middle East and Africa, have partnered to deliver next-generation security information and event management (NextGen SIEM) solutions to organizations across the Middle East and East Africa. The partnership …
Read More »Ericsson wins Digital Transformation Award at Middle East
Ericsson (NASDAQ: ERIC) has won the Digital Transformation Award – Vendor at the Telecoms World Middle East Conference 2020 for carrying out network and digital transformations. The award honors solution providers that have successfully offered the best solutions available for digital transformation. The award recognizes Ericsson’s process-driven digital transformation capabilities, …
Read More »Careem makes a permanent shift to Remote-First
Careem, the Super App for the greater Middle East, is now a Remote-First company. Careem colleagues in 36 offices have the freedom to work from a remote location . The company’s physical offices will remain open and are being re-designed into spaces that facilitate collaboration and team building while also …
Read More »Dell Technologies Research: Cyber Attacks and Disruptive Events Are on the Rise, Affecting80% of Organizations Surveyed
Dell Technologies Global Data Protection Index 2020 Snapshot shines light on key challenges impacting data protection readiness according to 1,000 IT decision makers across15 countries in EMEA Dell Technologies Organizations in EMEA manage 16.40 petabytes of data on average, a staggering 975% increasesince 2016 The estimated total cost of …
Read More »New AZORult campaign abuses popular VPN service to steal cryptocurrency
Kaspersky researchers have detected an unusual malicious campaign that uses a phishing copy of a popular VPN service’s website to spread AZORult, a Trojan stealer, under the guise of installers for Windows. In 2019 this malware targeted more than 40,000 users in Middle East. The campaign, which kicked off atthe …
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