Kaspersky recent survey highlights considerable gap between consumers’ confidence in identifying online scams and their actual exposure to cyber threats. According to the findings, more than one-third of respondents (44%) in the UAE reported encountering an online scam or attempted scam within the past 12 months, underscoring the persistent and evolving nature of digital risks. Worryingly, these threats are far from hypothetical: same third (44%) of surveyed users have fallen victim to online scams resulting in data compromise or financial loss. Among those affected, half (50%) experienced scams via social media platforms, while 43% reported investment or financial fraud attempts,…
Author: Editorial Team
Businesses and investors in Saudi Arabia and the UAE are holding firm on their medium-term strategies despite the current situation in the Middle East, supported by intraregional supply chain redesign and increased use of AI. The findings are part of a new independent survey from HSBC ahead of its annual Global Investment Summit* which was conducted in mid-March against the backdrop of recent world events. Commenting on the findings, Selim Kervanci, Chief Executive Officer, Middle East, North Africa and Türkiye (MENAT), HSBC Bank Middle East, said: “As a lynchpin of global trade, this survey gives a glimpse of the immediate…
Recruiters across the UAE say hiring is becoming more selective, but opportunities remain for candidates who adapt, stay visible, and focus on impact. For many professionals, the job search is starting to feel different. Roles are still being posted, interviews are still happening, but the pace, expectations, and experience have shifted. Recruiters say the market is not slowing down, but becoming more selective, with companies focusing on value, adaptability, and long-term fit over rapid hiring. From volume to precision According to recruiters, companies are now prioritising quality over quantity when it comes to hiring decisions. “Hiring right now is less…
JEDDAH— The Jeddah Mayoralty seized over 3,000 counterfeit clothing items and labels from makeshift workshops operating illegally in the southern Al-Qauzain neighborhood of the city. These workshops were being used for sewing, manufacturing, and counterfeiting trademarks. The inspection raid was carried out as part of the mayoralty’s efforts to monitor illegal activities and enhance compliance. Yasser Bakhsh, director general of Monitoring and Addressing Negative Phenomena at the mayoralty, said that field teams inspected three illegal sites producing counterfeit clothing. They seized ready-to-distribute quantities of counterfeit goods, along with five heat-sealed label printers, 15 sewing machines, five paper printing machines, over…
PARIS — Construction work at the Expo 2030 Riyadh site has officially begun, alongside continued development of infrastructure and long-term legacy plans, as well as the refinement of the Expo’s main theme and subthemes. Saudi Arabia presented the latest updates during a meeting of the executive committee of the Bureau International des Expositions (BIE) held in Paris. The Kingdom’s delegation, led by Minister of State for Foreign Affairs, Climate Envoy and Commissioner General of Expo 2030 Riyadh Adel Al-Jubeir, outlined key progress across multiple tracks. The delegation briefed participants on advancements in infrastructure, construction, design, and master planning, as well…
Saudi Awwal Bank, one of the leading banks in the Kingdom of Saudi Arabia, has received two prestigious international awards in private banking “Best Private Banking in Saudi Arabia” by Euromoney for the fourth consecutive year, and “Best Private Banking” by Global Finance. This achievement reflects SAB’s continued leadership in private banking and its commitment to delivering integrated, highly personalized solutions tailored to the evolving needs of high-net-worth clients and entrepreneurs, both locally and internationally. Bandar Al-Gheshayan, Chief Wealth & Personal Banking Officer at SAB, said: “Winning the awards reflects the consistency of our performance and the strength of our…
Doctors at Aster Hospital Mankhool have successfully reconstructed the face of a 42-year-old man following a severe accident that left him with multiple life-threatening injuries, hospital officials said on Tuesday. The patient was admitted to the emergency department with extensive facial trauma, including deep cuts, heavy bleeding, breathing difficulty, double vision, and partial facial nerve weakness. Stay up to date with the latest news. Follow KT on WhatsApp channels. Medical assessments revealed what specialists describe as “pan facial fractures” — a rare and complex condition involving simultaneous fractures across the upper, middle, and lower parts of the face. Such injuries…
RIYADH — Saudi Arabia has ranked first globally in the 2025 Digital Readiness Index issued by the International Telecommunication Union, scoring 94 out of 100 and achieving the “very high” classification. The Kingdom climbed from fourth place last year, when it scored 90 points, to lead the global rankings ahead of Finland and Germany, which both scored 93 points, followed by the United Kingdom with 92, Norway with 91, and France with 90. The index measures national digital readiness through 117 indicators across nine main pillars, assessing areas such as telecommunications policies, technology frameworks, and governance systems. The Kingdom’s inclusion…
RIYADH — The Saudi Ports Authority (Mawani) issued preemptive instructions for transit shipments at the Kingdom’s ports. This is in view of the geopolitical developments in the region that have affected some maritime routes, and the resulting changes in the patterns of shipment flow, especially shipments arriving under the transit system at the Kingdom’s ports in preparation for their transfer to other destinations. The Mawani affirmed that it is monitoring operational performance indicators at ports and is committed to maintaining smooth operations and efficient use of capacity. It also highlighted the potential consequences of goods remaining in ports for extended…
Zane Ulhaq, Head of MENA at Endava, has penned an op-ed, in which he makes the case that sovereign AI is not going to be some sort of fringe concern in certain regions, but instead will serve as one of the key topics on the agenda when it comes to future trade agreements between global economic superpowers. Zane Ulhaq, Head of MENA at Endava, highlights how the topic of Sovereign AI is going to become a hot potato when it comes to the geopolitical landscape The AI conversation today is far more nuanced than it was even eighteen months ago.…