Structured as floating-rate facility in AED, delivering lower borrowing costs, allowing for phased drawdowns and supporting TAQA’s 2025 funding plan
Complements TAQA’s existing $20 billion global bond programme and $3.5 billion revolving credit facility
AED-denominated facility diversifies funding sources and reflects strong market confidence in TAQA’s AA credit profile
Continue reading TAQA Secures AED 8.5 Billion Term Loan to Boost Liquidity and Advance Growth StrategyDubai, UAE – August 21, 2025 – Acronis, a global leader in cybersecurity and data protection, today released the findings of the Acronis Cyberthreats Report H1 2025, detailing the most popular threat vectors, active threat groups, and targeted industries in the first half of 2025. Ransomware remains the major threat for large and medium-sized businesses worldwide, with new groups increasingly leveraging AI to automate their activities. Phishing accounted for 25% of all attacks and 52% of attacks targeted managed service providers (MSPs), a 22% increase compared to the first half of 2024.
Ziad Nasr – General Manager for Acronis ME – NEW
Continue reading UAE Cyberattacks Concentrate Around Natural Emergencies and Trade Agreements as Criminals Exploit Disruption, Acronis Report
UAE News 24/7 