November 29, 2022

Saudi Arabia to host ICAO Air Services Negotiations Conference in 2023

UAE In-Focus — Dubai-based Help AG launches first cybersecurity center in Saudi Arabia

DUBAI: Help AG, the cybersecurity arm of e&enterprise, has launched an operations center in Riyadh to provide managed security services in accordance with local data regulations.

The Cybersecurity Operations Center also has 24/7 security monitoring and event management solutions, according to a statement.

Its launch coincides with Saudi Arabia’s accelerated digital transformation and focuses on developing a collaborative ecosystem to become a global investment powerhouse, a key pillar of its Vision 2030, he said.

“Featuring our next-generation security operations framework for enterprises and government entities, as well as flexible deployment through a cloud, on-premises or hybrid model, Riyadh CSOC will enable our Saudi customers to take timely action based on threat intelligence. via our security orchestration and automation platforms,” said Stephan Berner, CEO of Help AG.

CSOC analysts monitor complex information technology security infrastructures, analyze security events and interpret abnormal behavior.

DAE signs agreement to acquire Sky Fund I Irish, Ltd.

Dubai Aerospace Enterprise Ltd. announced that it has signed a definitive agreement to acquire Sky Fund I Irish, Ltd. and its subsidiaries.

Sky Fund I owns and leases 36 aircraft to 14 customer airlines in 11 countries, according to a statement. More than 90% of the portfolio includes next-generation technological aircraft.

DAE CEO Firoz Tarapore said, “We are delighted to acquire this unique portfolio of new technology, fuel-efficient aircraft on lease to 14 airlines, including six new airline customers for DAE.

Subject to regulatory approvals, the transaction is expected to close in the fourth quarter of 2022.

TAQA reaches an agreement with Waldorf Energy Netherlands BV

Abu Dhabi National Energy Co. has entered into definitive agreements with Waldorf Energy Netherlands BV to sell 100% of its stake in the upstream oil and gas business in the Netherlands through its wholly owned subsidiary, TAQA Energy BV, according to a statement.

Approval from regulatory authorities and other third parties is still required for this transaction.

Launch of AI-powered Realiste in the United Arab Emirates and Saudi Arabia

Realiste, an AI-powered real estate market development company, has launched in the United Arab Emirates and Saudi Arabia as part of its expansion into the Middle East and North Africa.

Thanks to AI technology, investors around the world can register and invest in real estate in major capitals, including New York, Abu Dhabi, Dubai, Riyadh and London, according to a statement.

Realiste customers can buy for less, up to 25% off the market price, get notified of the right time to buy or sell, and finally invest in overseas properties without having to travel or deal with third parties.

Since its launch in December 2021, the company has established operations in Riyadh, Dubai, London, New York and Moscow, and plans to expand further.

Abu Dhabi to host the Middle East Blockchain Awards

The Middle East Blockchain Awards will be held in Abu Dhabi in November 2022 to recognize and reward outstanding efforts in the areas of blockchain and Web 3.0.

The awards will be organized by Hok Agency in the Middle East, in collaboration with Abu Dhabi’s flagship global market platform, Abu Dhabi Finance Week, and the Crypto and Blockchain Association of the Middle East, Africa and Asia , according to a press release.