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INTERVIEW: How Careem survived COVID-19 and aims to become a Super App

When Victor Kiriakos-Saad joined Dubai-based startup Careem last month as the company’s new UAE general manager, like many residents in the emirate he was working from home. Starting a new role is stressful at the best of times, but doing it in the middle of a global pandemic, when you cannot physically meet all your staff or lean on those next to you when things go wrong, is especially challenging. During the first few days, Kiriakos-Saad had a technical issue. He could not call up the IT department and get them to drop by to his desk, so he had to fix it himself.

Ahmed Al-Sahhaf, CEO of MBC Media Solutions

Saudi Arabia had 7 million cyberattacks in 2021 The report said that one of the most common attacks were against the protocols used by employees to access corporate resources remotely, emphasizing the  need for cybersecurity awareness Updated 26 March 2021 March 26, 2021 23:33 JEDDAH: Remote working during the COVID-19 pandemic continues to present security threats and risks to companies and employees in Saudi Arabia, with 7 million cyberattacks hitting the country in the first two months of 2021, according to a new report. The report, from cybersecurity firm Kaspersky, said that Saudi Arabia saw more than 22.5 million brute force attacks in 2020 on remote desktop protocols (RDPs), the most popular way to access Windows or servers. Brute force attacks are trial-and-error attempts to guess login information, encryption keys or find a hidden web page.

STC announces 2Q 96% surge in profit

STC announces 2Q 96% surge in profit
itp.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itp.net Daily Mail and Mail on Sunday newspapers.

Saudi Wealth Fund Put 2008 Crisis Lesson to Use This Time Around

Saudi Wealth Fund Put 2008 Crisis Lesson to Use This Time Around Bloomberg 12/17/2020 Matthew Martin, Vivian Nereim and Reema Alothman © Photographer: Maya Anwar/Bloomberg Skyscrapers stand in the King Abdullah Financial District (KAFD) beyond an empty parking lot in Riyadh, Saudi Arabia, on Tuesday, July 28, 2020. (Bloomberg) Having lost out on buying stocks on the cheap during the global financial crisis, Saudi Arabia’s sovereign wealth fund wasn’t going to make the same mistake twice. So, when the coronavirus pandemic sent markets into a tailspin, it was all geared up. “The crown prince always talked about how we missed an opportunity in 2008 to invest in international markets, so we were ready,” Yasir Al Rumayyan, governor of the nation’s Public Investment Fund, said in a televised interview. The two had “talked about the things that we should do if we face something like this.”

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