Announcements
The Latest
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- The financial sector experienced the highest total data breach costs, reaching SAR 35.29 million.
23, August 2023, Riyadh, Saudi Arabia -- IBM (NYSE: IBM) Security has released its annual Cost of a Data Breach Report, highlighting that the total cost of a data breach for organizations in the...
Aug 28, 2023 -
Nearly two-thirds of CEOs in the Middle East say advanced AI, including generative AI, will help deliver positive results in the next three years
Riyadh, August 8th, 2023 – A new global study by the IBM (NYSE: IBM) Institute for Business Value, which surveyed 120 CEOs from the Middle East, reveals that leaders across the region identify...
Aug 14, 2023 -
Authored by Kareem Yusuf, Ph.D, Senior Vice President, Product Management & Growth, IBM Software
Today we are announcing that we have begun rolling out IBM watsonx – our enterprise-ready AI and data platform. Previewed at IBM THINK in May, watsonx comprises three products to help...
Jul 12, 2023 -
Al Rajhi Capital’s new platform leverages a hybrid cloud approach to offer the Kingdom greater access to world-class Investment services solutions
Riyadh, Saudi Arabia, June 21 2023: Al Rajhi Capital (ARC), a leading Investment services company, selected IBM’s AI for business to automate its business processes and enable Al Rajhi Capital...
Jun 21, 2023 -
Doha, Qatar, June 21st 2023 - QNB Group, in collaboration with IBM (NYSE: IBM) and its ecosystem partner, Mannai InfoTech, an ICT Division under Mannai Trading Company WLL have delivered an...
Jun 19, 2023 -
DUBAI, UAE, JUNE 12th, 2023 – First Abu Dhabi Bank (FAB) and IBM Consulting announce that they are advancing their collaboration to help migrate more applications to the cloud as part of the bank’
Jun 12, 2023 -
- Stanbic Uganda selects IBM to help build banking-as-a-service-platform.
Kampala, Uganda, June 8 2023 – Stanbic Bank Uganda Holdings Limited (Stanbic Bank Uganda), Uganda’s largest commercial bank by assets with over three decades of serving the market, has...
Jun 6, 2023 -
Dubai, UAE, June 6th, 2023 – Dubai Islamic Bank PJSC (DIB) has chosen IBM Consulting as its services provider to accelerate its data transformation journey and help the bank to build a robust...
Jun 5, 2023 -
Finance and Insurance Most-Targeted Industry in MEA; Email Thread Hijacking Attempts Spike; Time to Ransom Moves from Months to Days
Dubai, UAE, March 20, 2023 -- IBM Security released its annual X-Force Threat Intelligence Index finding that although ransomware’s share of incidents in the Middle East and Africa (MEA) held...
Mar 20, 2023 -
IBM Cloud Pak for Watson AIOps will be adopted to help Telecom Egypt maintain control & governance over their IT operations Telecom Egypt plans to leverage IBM Robotic Process Automation (RPA) to reduce their reporting timeMar 12, 2023