News

Agora Group To Host Gulf Congress On Cybersecurity In Riyadh

The one-day event will take place on September 20th, and its goal is to highlight the challenges facing governments, businesses, and individuals.

Published

2 years ago

August 7, 2022

David Morelo

agora group to host gulf congress on cybersecurity in riyadh

As the largest information and communication technology (ICT) market in the Middle East, Saudi Arabia is a prime target for cyber attacks. In 2020 alone, the Kingdom recorded over 22.5 million of them, and the figure is expected to keep increasing. To help keep the cyber threats of both today and tomorrow at bay, Agora Group will host over 200 international cyberwarfare experts at the 5th edition of the Gulf Congress on Cybersecurity in Riyadh.

The one-day event will take place on September 20th, and its goal is to highlight the challenges facing governments, businesses, and individuals in securing the acquisition, protection, and dissemination of data and information in an era of connectivity and mobility.

Here’s a list of the topics that will be the focus of the 5th edition of the Gulf Congress on Cybersecurity in Riyadh:

Smart Kingdom.
Integrating cybersecurity policies into the strategic mission of public and private institutions.
The new normal of work – post pandemic and future trends in remote working. How can cybersecurity cope?
Cybersecurity and AI an unbreakable bond in a future of automation and orchestration.
OT cybersecurity – half of all cyber attacks in the Middle East target the oil & gas industry. Previously, these attacks were focused on the IT environment, however, we’ve been seeing an increase in attacks on operational technology.
Data management, governance and protection.

“Our aim is to create a stimulating and invigorating convocation that links some of the foremost thinkers in the cybersecurity world today to share ideas, raise challenging questions, and inspire thought to action,” state the organizers of the event in the official press release.

Agora Group is expecting more than 150 senior-level attendees at the event. Those who would like to attend and take part in the event should hurry up and register today because seats are limited.

Related Topics:Cybersecurity Saudi Arabia

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News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

2 days ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.