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MOBOTIX appoints Madeleine Kraus as CFO

Madeleine Kraus, incoming CFO of MOBOTIX. Photo: MOBOTIX Madeleine Kraus will become CFO of MOBOTIX on October 1, succeeding longtime finance and operations chief Klaus Kiener. MOBOTIX has appointed Madeleine Kraus, 29, as Chief Financial Officer and a member of its Management Board, effective

Middle East Data Breach Costs Reach $8M in 2026

AI-enabled attacks accounted for 26% of malicious breaches, while extensive use of AI and security automation reduced average breach costs by more than $3 million. The average cost of a data breach for organizations in the Middle East reached $8 million in 2026, according to IBM’s 2026 Cost of a Data Breach Report, with AI […]

Gunnebo Connects Physical Security and Cyber Resilience

Gunnebo Safe Storage will showcase connected locking, secure storage and cyber resilience solutions at Security Essen 2026. On stand 3A65 in Hall 3 within the Euro Defence Expo, Gunnebo Safe Storage will present TransitGuard, its mobile vault solution for protecting cash, valuables and other high-value assets in transit or on mission. The company will also […]

ADNOC deploys AI platform across 120+ drilling rigs

Photo: Anoop1992 / Pexels The AI-enabled platform cuts engineering effort by up to 40% and helps operators avoid as much as two days of potential rig downtime. ADNOC, the UAE’s state-owned energy company, and SLB, a global energy technology company, have deployed an AI-enabled Real-Time Operations Center (RTOC) across more than 120 drilling rigs in […]

Saudi animal ID market to reach $110m by 2030

Photo: Julissa Pires / Pexels Saudi Arabia’s animal identification market is expected to reach US$110 million by 2030 as government-led livestock digitalization and growing adoption of RFID and electronic identification systems support regional growth. According to the latest Grand View Research animal identification report, the global market was valued at US$5.8 billion

Najm to deploy Solera AI claims technology in Saudi Arabia

Photo: Solera Global Corp. Saudi Arabia’s Najm will integrate Solera’s Qapter and Intelligent Estimating technologies into its national platform as the two companies target a more connected and AI-enabled motor insurance ecosystem. Najm is bringing Solera’s Qapter and Intelligent Estimating solutions into its national platform under a new strategic partnership, Solera

Dubai housing boom expands smart building opportunity

Photo: Na Ngel / Pexels More than 564,000 homes are currently under construction across Dubai, creating a substantial pipeline for smart building technologies as developers increasingly integrate connected and digital systems into new residential projects. A new fam Properties analysis shows that more than 560,000 residential properties are currently under construction in

FORTIX 2026 security exhibition set for Damascus

FORTIX 2026 brings security technology companies, government representatives and industry professionals to Damascus from October 25-28. Officially titled the Syria International Security and Safety Exhibition, FORTIX 2026 will provide a platform for international companies to showcase security and safety technologies, meet decision-makers and build business connections

Snowflake to announce Saudi MCIT initiative at LEAP 2026

Snowflake plans to announce a strategic initiative with Saudi Arabia’s Ministry of Communications and Information Technology (MCIT) during LEAP 2026, further expanding its involvement in the Kingdom’s AI and digital transformation ecosystem. Snowflake said in an announcement that the initiative will be unveiled as part of its participation at LEAP 2026, which runs from

FBI Uses Twin Data to Test AI Facial Recognition

Photo: FBI The FBI is using biometric data collected from participants at the 2026 Twins Days Festival to evaluate how well AI-powered facial recognition systems can distinguish between identical twins — one of the most difficult challenges in biometric identification. Every August, thousands of twins descend on Twinsburg, Ohio, for a festival that is part […]