Monthly Archives: September 2025

Technologies

New Study Reveals Insider Threats and AI Complexities Are Driving File Security Risks to Record Highs, Costing Companies Millions

With 61% of enterprises hit by insider breaches, research sponsored by OPSWAT highlights unified, multi-layered platforms as the future of resilient defense

George Prichici, VP of Products at OPSWAT

Dubai, United Arab Emirates – Sep. 8, 2025 – A new study sponsored by OPSWAT, a global leader in critical infrastructure protection, reveals that organizations face escalating risks from insider activity, legacy tools, and the growing complexity of artificial intelligence (AI). Independently conducted by Ponemon Institute, the report found that in the past two years, 61% of organizations have suffered file-related breaches caused by negligent or malicious insiders, at an average cost of $2.7 million per incident.

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Business & Investments

Abu Dhabi Finance Week (ADFW) 2025

100 Days to ADFW 2025:World’s Financial Elite Managing Over USD 60 Trillion to Explore How Technology is Shaping Finance

  • World-class lineup of financial leaders, institutional investors, and innovators will attend five flagship events – Abu Dhabi Economic Forum (ADEF), Asset Abu Dhabi, Fintech Abu Dhabi, RESOLVE and Abu Dhabi Sustainable Finance Forum (ADSFF) and 60+ sub events and a series of new forums.
  • Event to gather global finance leaders representing more than USD 60 trillion in assets
  • Headline speakers returning this year include H.E. Ahmed Jasim Al Zaabi, H.R.H. Prince Khaled bin Alwaleed bin Talal Al Saud, Ray Dalio and Jenny Johnson.
  •  ADFW 2025 will also welcome new speakers such as Harvey Schwartz, CEO of Carlyle; Marc Randolph, Co-Founder of Netflix; Dilhan Pillay Sandrasegara, CEO of Temasek; Mohamed Al Mehairi, CEO of Emirates Investment Authority; Jacques Chappuis, CEO of PGIM; Clare Woodman, CEO International at Morgan Stanley; Dmitry Balyasny, Managing Partner and CIO of Balyasny Asset Management; and Stephen Dainton, President of Barclays.
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Real Estate

A Landmark Success: Lacasa Living Announces Complete Sell-Out of Ola Residences

Lacasa Living announces the sell-out of Ola Residences at a total asset value of AED 200 million, marking a milestone in the company’s legacy. All 96 units on Al Marjan Island in Ras Al Khaimah have now been secured by strategic investors, highlighting the project’s exceptional standing in the luxury real estate market. The announcement was celebrated with a gathering at the Lacasa Living Sales Center, as works on site progress as scheduled with handover set for Q1 of 2027.

The celebration brought together industry leaders and top brokers, unfolding in a spirit of pride and gratitude. Welcoming the attendees, Lacasa Living CEO, Mr. Ahmad Jaber expressed his appreciation to the brokers whose determination turned vision into reality. His remarks set the tone for the event, one of recognition, teamwork, and shared triumph.

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Featured

Record 10 ‘Chief Guests’ – including two Nobel Peace Laureates – launch ‘I Am Peacekeeper’ Movement, headquartered in Dubai

Founder Dr Khorakiwala, Nobel Laureates Munasinghe and Bouchamaoui, Dr Khalid Ghanem Al Ghaith and global leaders unite in an unprecedented show of solidarity for dialogue, understanding and peace

Dubai, Sep 4 – Dubai reinforced its global reputation as a hub for international dialogue and fraternity on Thursday with the launch of the ‘I Am Peacekeeper Movement’ bringing together Nobel laureates, policymakers, social entrepreneurs, philanthropists, and changemakers from across the world.

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Featured

Sterling Perfumes industries accelerates global growth and innovation, cementing Dubai as a beauty hub

Rapid growth, R&D investment and sustainability initiatives lead into the Timeless Collective and AED 1 Million Timeless Million creator challenge

Sterling Perfumes Industries, the global fragrance and beauty powerhouse, continues to scale rapidly, maintaining 8–10 percent year-on-year growth over the past three years and achieving a multi-billion-dollar valuation. Looking ahead, the company aims to break previous revenue records, double its presence in travel retail, and strengthen digital sales. Every three seconds, a Sterling product finds a new customer somewhere in the world.

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