The Rise of Cloud Phones: A New Threat in Digital Fraud


Dubai, UAE; April 21, 2026 – Group-IB, a leading creator of cybersecurity technologies to investigate, prevent, and fight digital crime, has released a new report exposing a sophisticated evolution in digital fraud: the rise of Cloud Phones.

The report traces the evolution of these remote-access Android devices from simple social media bots to a primary tool for creating untraceable “dropper” accounts for scams. These are false accounts created by fraudsters based on stolen credentials, specifically targeted to receive and transfer stolen funds. Once used primarily for harmless social media “likes,” this technology has now been weaponized into an industrial-scale financial threat that bypasses traditional bank security systems.

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WatchGuard Appoints Rabih Itani as MEA Regional Director

WatchGuard expands MEA Region footprint with the appointment of Rabih Itani as Regional Director

Middle East cybersecurity market set to surpass USD 37 billion by 2034, driven by rapid digital transformation

Dubai 22 April, 2026 – In a move to expand its footprint in the MEA Region, WatchGuard® Technologies, a global leader in unified cybersecurity, has announced the appointment of Rabih Itani as Regional Director for the Middle East and Africa (MEA). The appointment comes at a time of significant growth across the region, with the Middle East cybersecurity market projected to more than double from USD 16.72 billion in 2025 to USD 37.22 billion by 2034 (Market Data Forecast), driven by digital transformation across finance, healthcare, energy, and government sectors.

Rabih Itani, Regional Director – MEA, WatchGuard

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National Properties Celebrates 97% Completion of 399 Hills Park

National Properties Marks 97% Completion of AED One Billion 399 Hills Park Towers, Approaching Final Delivery in Dubai Hills Estate

Dubai, United Arab Emirates, 22 April 2026: National Properties, the real estate subsidiary of the Shari’a-compliant savings and investment company National Bonds, has announced that construction of 399 Hills Park, its flagship residential and retail development within Dubai Hills Estate, has reached 97% completion, bringing the project into its final phase ahead of handover.

This milestone comes amid sustained demand for high-quality residential developments in Dubai, as the emirate continues to strengthen its position as a global destination for premium living and long-term real estate investment.

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SUSE Launches SUSE AI Factory with NVIDIA

Pre-Validated Blueprints and Seamless GitOps-Driven Workflows Help IT Leaders Quickly and Securely Build, Deploy and Scale Mission-Critical AI from the Data Center to the Edge

Dubai, United Arab Emirates (SUSECON 2026)  April 21, 2026 — SUSE, a global leader of enterprise open source solutions, today announced SUSE AI Factory with NVIDIA. Built with SUSE AI and NVIDIA AI Enterprise, this unified software stack for enterprise AI is designed to seamlessly bridge the gap between local development and scalable enterprise production. Operating as a turnkey digital factory producing enterprise-grade AI capabilities, this solution empowers enterprises by giving them the tools to assemble, deploy, manage, and govern AI applications consistently and at scale across any footprint, from the tactical edge to the core data center to the public cloud.

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Supporting Private Sector Growth in Dubai: Mashreq and Chamber Collaboration

Session forms part of a series of events designed to address the private sector’s financial priorities amid evolving economic conditions

Dubai Chamber of Commerce and Mashreq hold open dialogue with 82 private sector representatives to support their financial resilience

  • H.E. Mohammad Ali Rashed Lootah: “We are committed to strengthening the foundations of Dubai’s business ecosystem to support companies operating in the emirate and ensure their growth and continuity amid evolving circumstances.”

Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, recently organised an interactive open dialogue in collaboration with Mashreq with the participation of 82 representatives from the private sector. The session focused on the business community’s most pressing banking needs, while showcasing the financing solutions and advanced services offered by the bank to support companies and strengthen their resilience amid evolving economic conditions.

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