Ransomware activity across the Middle East has risen sharply, with organised criminal groups increasingly taking aim at Gulf businesses and sectors where disruption can put greater pressure on victims to pay, according to new research. Ransomware activity tracked by cybersecurity company CloudSEK…
The recent rise in US bond yields is emerging as a new source of investor anxiety after the 10-Year Treasury rose to a level not seen in almost two decades. A Bank of America fund manager survey on Tuesday said 33 per cent of respondents saw a “disorderly rise in bond yields” as the biggest market…
US Senator Bernie Sanders on Tuesday warned that the artificial intelligence boom could lead to job disruptions and unprecedented surveillance, eclipsing any benefits. The Independent Vermont senator delivered one of the main speeches on the need for AI regulation during the Pro-Human Assembly, a…
President Sheikh Mohamed met Syrian President Ahmad Al Shara in Abu Dhabi on Tuesday to discuss strengthening bilateral ties. The meeting took place during Mr Al Shara's working visit to the UAE, where he participated in the 24th Arab Media Summit in Dubai. The two leaders reaffirmed their…
A hacker demanded a ransom of more than $5 million after breaching a private sector company in the UAE, the country's cyber security chief has said. Dr Mohamed Al Kuwaiti, head of cyber security for the UAE Government, said the attack involved the destruction of data linked to the company's…
Bessent defended the administration's Treasury-market intervention, economic record and AI policy while lawmakers tried to pin him down on borrowing and energy.
Paris has been buzzing with high-profile visits to World Space Business Week, where hundreds of executives are lining up to launch services. For Karim Sabbagh, managing director of space technology company Space42, it was an opportunity to pitch a project intended to give the UAE a central role in…
Amazon Web Services has said that it will be unable to restore operations at one of its three UAE data hosting zones and its Bahrain network after they were damaged by Iranian attacks. The conclusion was made after "thorough assessments", and authorities in the Gulf nations have been notified, the…
Iran says El Gaia caught fire after hitting mines, but the US says the oil tanker was struck by a missile and then a drone.
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