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Confidence among global accountants’ remains fragile despite Q2 rise

Index still at low level despite first improvement since Q2 2024

The ACCA and IMA Global Economic Conditions Survey (GECS) showed improving global confidence in Q2 2025, with the index reaching its highest since Q3 2024. That said, confidence among accountants is still at a low level by historical standards.

The New Orders and Capital Expenditure indices both declined modestly, although the former is at its historical average and the latter not much below. Meanwhile, the Employment Index improved and is not that far below its historical average.

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ZainTECH launches AI-powered  managed SecOps elevating regional cybersecurity

  • Fully managed, SaaS-based SecOps service with rapid deployment, available in the UAE, KSA, and Jordan, and rapidly expanding to other regional markets including Kuwait and Bahrain.
  • AI-driven threat detection, automated response and regional compliance built for cloud and hybrid envirnoments

Dubai, 27 August 2025ZainTECH, the integrated digital solutions provider of Zain Group, has officially launched its AI SecOps managed security service, an AI-powered cybersecurity offering designed to deliver always-on protection across cloud and hybrid environments, aligned built around regional compliance and data sovereignty mandates.

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TASC Outsourcing and Disprz Join Forces to Revolutionize Workforce Development in the UAE

Dubai, UAE, 27th August 2025: As regional economies accelerate their digital transformation, organisations in the UAE and Saudi Arabia face mounting pressure to bridge workforce scale and capability gaps. To address this challenge, a new strategic alliance has been formed between TASC Outsourcing, a leading manpower and HR solutions provider, and Disprz, an AI-powered learning and skilling platform trusted by top enterprises. This partnership combines staffing expertise with digital learning innovation, creating a comprehensive workforce development ecosystem that enables businesses to attract, build, and future-proof talent for the demands of a rapidly evolving economy.

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BingX AI Hits 2 Million Users and 20 Million Queries in Just 100 Days

DUBAI, August 27, 2025BingX, a leading cryptocurrency exchange and Web3 AI company, today announced a significant milestone for its AI-powered trading assistant, BingX AI, which has surpassed 2 million users and processed 20 million queries since its launch in May.

This milestone reflects not only BingX’s rapid growth but also the broader global momentum in AI adoption, with the market projected to reach $1.81 trillion by 2030. Within this global landscape, the Middle East is expected to capture 2% of global AI benefits, amounting to approximately $320 billion in economic value. The region’s AI-driven contribution to GDP is expected to grow at a robust annual rate of 20% to 34%, led by the UAE, followed closely by Saudi Arabia.

Vivien Lin, Head of BingX Labs and Chief Product Officer at BingX

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New Employment Readiness Program at BITS Pilani Dubai Yields 30 AI Placements

Dubai, August 2025 – In its very first year, the Employment Readiness Program at BITS Pilani, Dubai Campus (BPDC) has delivered remarkable results, with 30 final-year students securing placements in core AI engineering roles with leading UAE-based companies.

Prof Souri Banerjee -Director of BITS Pilani Dubai Campus

The Employment Readiness Program, introduced this year by BPDC’s Career Services Department, is a structured eight-week program designed exclusively for final-year students to bridge the critical gap between academia and industry. With modules in Data Analytics, Cybersecurity, Six Sigma, Project Management, Cloud Computing, and Full Stack Development, the program placed a special emphasis on Artificial Intelligence (AI)—a sector central to the UAE’s economic transformation.

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