News
Cybersecurity Firm Uncovers 2,400+ Fake Arabic Job Pages
The scam targeted internet users across 13 Middle East and North African countries.
Global cybersecurity leader Group-IB has revealed new research from its center in Dubai detailing a widespread fake job scam campaign targeting Arabic speakers in the MENA region.
Digital Risk Protection experts used AI and text analyzing tools to uncover over 2,400 fake job pages impersonating companies from 13 countries. The posts were created on social media platforms throughout the entirety of 2022.
On the job pages, fraudsters spoofed more than 40 of the MENA region’s largest companies. They published vacancies in Arabic offering salaries too good to be true, including “4,500 euros (USD $4,800) for drivers and painters”. Once interested victims interacted with links on the pages, they were taken to fake phishing sites where they were asked to enter login credentials and passwords.
Which Countries Were Targeted?
Arabic-speaking individuals were the exclusive targets of this particular scamming campaign, with Egyptian companies most frequently spoofed by the criminals.
According to Group-IB, “48% of all the fake profiles created on Facebook spoofed companies from Egypt. Organizations from Saudi Arabia (23% of all scam pages), Algeria (16%), Tunisia (7%), and Morocco (4%) were also frequently mimicked as well as offering individuals jobs at the 2022 FIFA World Cup in Qatar”.
What Industries Were Selected?
The scammers responsible for the fake job pages made adverts across multiple industries, though logistics firms were a popular target (64%). Group-IB noted that “scammers targeting MENA users are particularly fond of impersonating logistics enterprises due to the high potential ROI. The food and beverage (20% of scam pages) and petroleum (12%) industries were also heavily impersonated by the scammers, with one particular company being impersonated on more than 1,000 fake pages”.
Also Read: Is Your Phone Hacked? How To Find Out & Protect Yourself
Staying Safe Online
Group-IB warned internet users to stay vigilant and always confirm URLs when following links that supposedly lead to a company’s website — a particularly important habit on social media sites. Users should enable two-factor authentication (2FA) for all online accounts supporting the security feature and ensure they never use the same password across multiple accounts.
News
Dirham-Backed Stablecoin DDSC Enters Live Phase In UAE
Central Bank approval moves the dirham-backed token into deployment, targeting regulated payments and settlement flows.
The UAE has cleared the launch of DDSC, a dirham-backed stablecoin now entering live operation after approval from the Central Bank. The move pushes the project beyond its pilot phase and into the country’s regulated financial system.
The token is backed by a consortium led by IHC, Sirius International Holding and First Abu Dhabi Bank (FAB), framing it as an institutional instrument rather than a consumer crypto product. DDSC was first announced in April 2025, but regulatory clearance now allows deployment and integration across approved channels.
DDSC runs on ADI Chain, a Layer 2 blockchain built by the Abu Dhabi-based ADI Foundation. The infrastructure is designed for governance and performance requirements expected by large institutions, linking blockchain settlement with existing compliance and oversight frameworks.
The focus is practical, targeting treasury settlements, high-value payments, trade and supply-chain transactions, and programmable financial flows for regulated entities. FAB plans to offer access to the token through approved platforms for its clients, keeping the rollout inside controlled banking environments.
“DDSC marks a defining milestone in the UAE’s digital finance journey,” said Syed Basar Shueb, CEO of IHC. “With the Central Bank’s approval and our transition into live operation, we are delivering trusted, institutional-grade infrastructure that strengthens resilience, accelerates innovation, and expands what is possible in regulated digital payments”.
Also Read: Basatne Debuts ORBT Platform For Digital Refunds In UAE
FAB says the project reflects how stablecoins can sit within traditional finance when risk controls are built in from the outset. “This milestone underscores that stablecoins can be integrated responsibly into the financial system when built to meet rigorous regulatory and risk requirements,” said Futoon Hamdan AlMazrouei, Group Head of Personal, Business, Wealth and Privileged Client Banking Group at FAB.
The launch reinforces the UAE’s strategy of pushing digital finance through regulation instead of open-ended crypto experimentation. Stablecoins in this model are positioned less as trading assets and more as programmable extensions of national currency, aimed at institutional scale and government use cases.
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