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Dubai real estate market on track for 30% sales growth by year end – Property Monitor

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Dubai real estate market on track for 30% sales growth by year end – Property Monitor
Dubai real estate market on track for 30% sales growth by year end – Property Monitor

PRWire:

Dubai real estate market on track for 30% sales growth by year end – Property Monitor

Prices up nearly 20% on previous all-time high set in September 2014

Property sector continues to break all records for sales, prices, mortgages and launches

Dubai real estate transactions are set to grow 30% year-on-year by the end of 2024 as the sector continues to break all records for sales, prices, mortgages and launches, according to the latest analysis from leading real estate intelligence authority, Property Monitor.

Property Monitor’s October 2024 report shows that the property sector broke four records during the month. Prices per square foot surpassed the previous all-time high – set in September 2014 – by 20%; 20,460 transactions took place; more than 4,300 mortgages were secured and 15,000 new off plan units came to market.  

Henry Bacha, Chief Executive Officer at Property Monitor, said: “Dubai’s property market continues to gather pace. Once again, records have been broken and new milestones have been reached, reflecting sustained confidence from local and international investors and cementing Dubai’s position as a force to be reckoned with on the global scene. As the end of the year draws near, we can say with confidence that 2024 is likely to close with 30% year-on-year sales growth – and with cautious optimism that the market is set to grow further as we move into 2025.”

October sales – which passed 20,000 for the first time in history – beat September’s by 13%, while mortgage transactions rose 3.2% month-on-month to their highest levels yet, according to Property Monitor’s findings.  

October also saw 48 new project launches with 15,000 units between them, bringing the total number of new-to-market units in 2024 to over 100,000 across 343 developments, according to preliminary figures. 

Real estate prices were up 1.73% compared to September, with October prices at AED1,473 per square foot – nearly 20% above the previous all-time high and market peak a decade ago. The median cost of an apartment was AED1.271 million; a townhouse AED2,885 million and a villa AED7.298 million. 

Download and sign up to receive Property Monitor’s Monthly Market Report here. For more information on Property Monitor, visit the website or call +9714 453 9525. 

Ends

About Property Monitor (Home – Property Monitor)

Property Monitor is the UAE’s leading real estate technology and market intelligence provider, offering solutions that empower our clients in the real estate ecosystem to make better and faster decisions

through data-driven insights. Our product suite empowers lenders, surveyors, developers, investors, and property professionalsthrough authoritative data, analytics and insights, enabling fast, cost-effective and informed property-related decisions. Our advanced solutions integrate with existing systems or can be used as stand-alone modules in the areas of automation, valuation, risk agility and lead generation.

Through Property Monitor’s products, market stakeholders can directly access real-time, transparent and accurate intelligence, unmatched anywhere else in the region. We source the widest data set from public and private sources, including exclusive relationships with the UAE’s top valuation companies, developers, and a growing network of reputable real estate brokers.

Media contact: Rebecca Rees – Founder, Rebecomms – rebecca@rebecomms.com or +971 506587192

RGA Unveils Aspire: Transforming Health Insurance Management in the UAE

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RGA Unveils Aspire: Transforming Health Insurance Management in the UAE
RGA Unveils Aspire: Transforming Health Insurance Management in the UAE

PRWire:

Reinsurance Group of America, Incorporated (NYSE: RGA), a global leader in life and health reinsurance, has announced the launch of Aspire, a licensed third-party administrator based in the United Arab Emirates (UAE). Developed in partnership with technology provider CarePay, Aspire introduces a cutting-edge platform designed to revolutionize health insurance portfolio management for insurers.

The Aspire platform enables real-time data exchange and seamless communication between insurers and stakeholders, adhering to the highest security standards, including full compliance with the General Data Protection Regulation (GDPR). With its advanced technology, Aspire streamlines claims processes, improves operational efficiency, and supports sustainability efforts, delivering exceptional value to insured members.

“This marks a significant step forward in managing health insurance portfolios in the Middle East,” said Simon Wainwright, Executive Vice President and Head of EMEA at RGA. “Aspire leverages state-of-the-art technology to redefine medical insurance administration, offering unmatched value for insurers and policyholders alike.”

Aspire is available as a white-label digital platform or through licensed third-party administrator services, enabling insurers to optimize medical insurance management and enhance connections with healthcare stakeholders.

To learn more about Aspire, visit www.healthaspire.com.

RGA Unveils Aspire: Transforming Health Insurance Management in the UAE

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RGA Unveils Aspire: Transforming Health Insurance Management in the UAE
RGA Unveils Aspire: Transforming Health Insurance Management in the UAE

PRWire:

Reinsurance Group of America, Incorporated (NYSE: RGA), a global leader in life and health reinsurance, has announced the launch of Aspire, a licensed third-party administrator based in the United Arab Emirates (UAE). Developed in partnership with technology provider CarePay, Aspire introduces a cutting-edge platform designed to revolutionize health insurance portfolio management for insurers.

The Aspire platform enables real-time data exchange and seamless communication between insurers and stakeholders, adhering to the highest security standards, including full compliance with the General Data Protection Regulation (GDPR). With its advanced technology, Aspire streamlines claims processes, improves operational efficiency, and supports sustainability efforts, delivering exceptional value to insured members.

“This marks a significant step forward in managing health insurance portfolios in the Middle East,” said Simon Wainwright, Executive Vice President and Head of EMEA at RGA. “Aspire leverages state-of-the-art technology to redefine medical insurance administration, offering unmatched value for insurers and policyholders alike.”

Aspire is available as a white-label digital platform or through licensed third-party administrator services, enabling insurers to optimize medical insurance management and enhance connections with healthcare stakeholders.

To learn more about Aspire, visit www.healthaspire.com.

AtmosGear: Revolutionizing Rollerblading with the World’s First Electric Rollerblades

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AtmosGear: Revolutionizing Rollerblading with the World’s First Electric Rollerblades
AtmosGear: Revolutionizing Rollerblading with the World’s First Electric Rollerblades

PRWire:

AtmosGear, a trailblazer in urban mobility, has developed the world’s first electric rollerblades, designed specifically for skaters by skaters. These revolutionary electric rollerblades merge the exhilarating experience of traditional rollerblading with electric propulsion, creating a new way to glide through the city—effortlessly and with a boost.

Innovative Features for an Unmatched Electric Rollerblade Experience

AtmosGear’s electric rollerblades are crafted to deliver both power and versatility. Reaching a top speed of 25 km/h (about 18 mph), these electric skates offer users the thrill of speed, while a range of 26 kilometers (16 miles) per charge ensures plenty of distance for city commutes or leisurely rides in the park. What’s more, each skate weighs only 700 grams more than a traditional rollerblade, keeping them light and agile.

The electric rollerblades are powered by a patented wheel motor, integrated into the middle of the standard 110mm wheels. This innovative hub motor design allows the skates to easily tackle inclines of up to 15 degrees and support riders weighing up to 120 kg (260 lb), making it a perfect match for a wide range of users.

Hybrid Flexibility & Smart Charging for Electric Rollerblades

AtmosGear’s electric rollerblades are designed for versatility. They can function as regular rollerblades when the battery is disconnected or fully discharged, ensuring the freedom to keep skating regardless of battery levels. A unique feature allows the electric rollerblades to recharge while in use, providing up to 15% extra battery life—perfect for those longer adventures. Charging is quick, too; in just one hour, the battery can be fully recharged.

Safety is a key consideration, and AtmosGear has ingeniously placed the battery pack in a separate waist-worn bag rather than on the skates themselves. This reduces weight on the feet, minimizes impact risks, and keeps the skates lightweight and comfortable. The battery bag is made of fire-resistant leather and is fully waterproof, ensuring both safety and reliability.

Control at Your Fingertips with AtmosGear Electric Rollerblades

With AtmosGear, controlling your speed is intuitive and easy. A wireless remote allows users to accelerate, decelerate, brake, and even reverse, giving full control over every ride. The remote also features LED indicators that display battery levels, so skaters always know how much range they have left.

The frames are compatible with various boot brands, thanks to their UFS (Universal Frame System) design. Adapters are included for different mounting systems, meaning users can easily pair these electric frames with their favorite boots for a truly personalized ride.

Community-Tested and Loved Electric Rollerblades

AtmosGear’s electric rollerblades have already won the hearts of skaters worldwide. Since their launch in 2022, over 5,000 skaters have tested and endorsed this cutting-edge system, praising its seamless integration of technology and traditional skating. Their feedback underscores the user-friendly design, ease of control, and the joy of skating with an added electric boost.

With the next production batch ready to assemble in mid-October 2024, and deliveries expected by the end of November, AtmosGear is set to bring their electric rollerblades to eager skaters across the globe. This is more than just a product—it’s a movement towards reimagining urban travel and making every ride an adventure.

Ready to Roll with AtmosGear Electric Rollerblades?

AtmosGear is leading the way in the evolution of rollerblading, blending the joy of skating with innovative electric technology. Whether you’re an urban commuter looking for a new way to move or a skating enthusiast seeking the latest thrill, AtmosGear’s electric rollerblades are ready to take you there. Visit AtmosGear Electric Rollerblades to learn more and join the electric skating revolution today.

JAGUAR PROTOTYPE GLOBAL TESTING & DEVELOPMENT BEGINS

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JAGUAR PROTOTYPE GLOBAL TESTING & DEVELOPMENT BEGINS
JAGUAR PROTOTYPE GLOBAL TESTING & DEVELOPMENT BEGINS

PRWire:

  • Prototype of new Jaguar production car, commences its first phase of global testing and development on public roads and test sites around the world
  • Tens of thousands of miles of virtual and physical testing has already been completed
  • Jaguar to publicly debut its Design Vision Concept at Miami Art Week on 2 December 2024

Jaguar’s Reimagine strategy reaches a significant milestone with the first prototypes being tested on British roads as part of a comprehensive global testing and development programme.

Disguised prototypes of the first new Jaguar, an all-electric 4 door GT have completed tens of thousands of miles of virtual and physical testing and will soon be deployed at test sites and public roads around the world.

The first reimagined Jaguar will be built in Solihull in the UK on a dedicated electric architecture called JEA (Jaguar Electric Architecture).

Next stage in the transformation of Jaguar to be revealed at Miami Art Week on 2 December 2024, including the debut of its Design Vision Concept.

KETURAH RESERVE INFRASTRUCTURE WORKS COMPLETED

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KETURAH RESERVE INFRASTRUCTURE WORKS COMPLETED
KETURAH RESERVE INFRASTRUCTURE WORKS COMPLETED

PRWire:

Keturah, the revolutionary global luxury wellbeing real estate and hospitality concept has announced the completion of infrastructure works at Keturah Reserve, its luxury residential development in Meydan, which offers transformational living through the design of space. Following a rigorous process, the project’s main contractor will be appointed in the following week to start work on the development, which is scheduled for completion by Q3 2027. 

Keturah Reserve will feature 93 townhouses, 90 villas, 533 units across six apartment block buildings. The project is the first residential development in the Middle East to immerse residents in nature through Bio Living to improve the physical, mental and emotional well-being of its occupants. 

Bio Living at Keturah Reserve creates the perfect synergy between the interior design, architecture and landscape, in complete respect of the surrounding ecosystem.

In his comments, Mo Moghrabi, Chief Development Officer at Keturah, said: “We are thrilled to announce the completion of infrastructure works and eagerly anticipate appointing the main works contractor to bring this project to life. Keturah Reserve embodies the highest standards of luxury living and introduces the region’s first Bio Living concept. This project is created to elevate and enrich the lives of all generations of our residents, and we are confident it will set a new benchmark for the regional real estate sector.”

Keturah Reserve exemplifies meticulous planning in its design, harmonizing the flow of air, light, color, space, texture, and material. Homes feature double volume interior spaces that naturally enhance air flow, complemented by super-efficient VRF (Variable Refrigerant Flow) technology, which reduces energy costs, improves comfort, and maintains consistent temperatures across different zones. The architecture optimizes natural daylight without its heat or glare, and as daylight fades, architectural lighting enhances the body’s circadian system, improving mood, comfort, alertness, and sleep quality.

UNS Farms Launches Educational Farm Tours to Inspire Sustainable Food Choices in Dubai

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UNS Farms Launches Educational Farm Tours to Inspire Sustainable Food Choices in Dubai
UNS Farms Launches Educational Farm Tours to Inspire Sustainable Food Choices in Dubai

PRWire:

Get a unique opportunity to explore various crop sections at UNS Vertical Farms in Dubai, featuring fresh microgreens, salads, edible flowers, and more

UNS Vertical Farms, a division of Speedex Group and a pioneer in vertical farming in the UAE since 2018, is thrilled to introduce its new educational Farm Tours. This community-centered initiative aims to foster awareness about sustainable farming practices and promote environmental stewardship among Dubai’s residents.

These engaging 1-hour tours provide students, children, college groups, and community members a unique opportunity to explore how local, vertical farming reduces environmental impact and supports food security. By connecting people with the farm-to-table journey, UNS Farms hopes to inspire participants to make informed, sustainable food choices that positively impact their health and the environment.

Aligned with the UAE’s National Food Security Strategy, UNS Farms’ tours highlight the environmental advantages of locally grown produce. Through interactive learning, participants will see how choosing local produce helps reduce carbon emissions and conserves valuable resources, supporting both food security and climate action.

With these farm tours, our goal is to connect people with the source of their food and demonstrate the importance of sustainable practices in everyday life,” said Mehlam Murtaza, Executive Director, UNS Vertical Farms. “We believe that by educating the community on how their food is grown and the benefits of local agriculture, we can inspire a shift toward healthier and more environmentally responsible choices. Together, we can support a future where fresh, sustainable food is within reach for all.”

The tour experience offers an inside look at UNS Farms’ sustainable practices in vertical farming. It begins with an introduction to UNS Farms and its mission of sustainability in the UAE. Visitors then step into the growing chambers, where carefully controlled environments enable plants to thrive with minimal resources, followed by an exploration of different crop sections featuring fresh microgreens, salads, and edible flowers.

They will learn about soil mixes and plant life cycles, observe the hydroponic systems that allow plants to grow without soil, and witness the meticulous harvesting and packaging process that ensures best quality and reduces waste. The tour concludes with a special take-home grow kit, inspiring participants to start their own garden and deepen their connection to sustainable food practices.

Through each tour, UNS Farms nurtures a community that values knowing their farmer, understanding the local food system, and embracing practices that protect the environment. By supporting locally grown produce, Dubai residents can enjoy fresh, nutritious vegetables while actively reducing their carbon footprint and contributing to resource conservation. This commitment to sustainability aligns closely with the UAE’s vision for achieving excellence in food security and environmental resilience.

Since its establishment in 2018, UNS Farms has served Dubai’s community with high-quality, locally grown produce, supplying chefs, families, and restaurants. UNS Farms’ operations are rooted in ecological balance, resource efficiency, and minimal land use, advancing Dubai’s goal of a sustainable, resilient food ecosystem.

Join UNS Farms in Embracing a Greener Future

UNS Farms’ Farm Tours are now open to individuals and particularly to school and university groups interested in sustainable agriculture and local food systems. This initiative aims to inspire Dubai residents to support local agriculture and adopt sustainable food practices, building a healthier, greener future for all.

For more information or to book a tour, please visit https://unsfarms.com/farm-tour

ENDS

About UNS Farms

UNS Farms is Dubai’s largest urban farm, dedicated to revolutionizing sustainable food production through advanced vertical farming techniques. Established in 2018 as a division of Speedex Group, UNS Farms spans 30,000 square feet and utilizes an innovative eight-level vertical system to produce pesticide-free, nutrient-rich vegetables year-round, supplying up to 1000 kilograms of fresh produce daily to chefs, hotels, restaurants, and retailers across the UAE.

Committed to sustainability, UNS Farms employs hydroponics to use 90% less water than traditional farming while doubling crop yields per square meter. The farm grows a wide array of fresh vegetables, microgreens, and herbs, supporting local food security and environmental stewardship. UNS Farms also provides expertise in modernizing farm systems, designing greenhouses, and developing urban agriculture solutions, contributing to a future-oriented, resource-efficient food ecosystem.

For more information, please visit unsfarms.com  https://www.instagram.com/unsfarms https://www.linkedin.com/company/uns-farms   https://www.tiktok.com/@unsfarmsae

D&L Garage Doors | Expert Garage Door Services in Meridian, Idaho

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D&L Garage Doors | Expert Garage Door Services in Meridian, Idaho
D&L Garage Doors | Expert Garage Door Services in Meridian, Idaho

PRWire:

Meridian, Idaho – 2024 – D&L Garage Doors, a leading provider of garage door repair, sales, and installation services in the Treasure Valley, is thrilled to announce its recent recognition as the "Best Local Garage Door Service" by "Three Best Rated."  

This award celebrates D&L Garage Doors' outstanding commitment to quality and customer satisfaction, particularly in Meridian, Idaho.

D&L Garage Doors has become a trusted name for North and South Meridian homeowners in zip codes 83646 and 83642. With services ranging from broken spring repairs to new garage door opener replacements, D&L has consistently prioritized reliability and excellence in every project, achieving an impressive 4.9-star average rating online. This award acknowledges the company's dedication to delivering exceptional customer service, ensuring that each repair, installation, and tune-up meets the highest standards.
"We're deeply honored by this recognition," said David T, Service Manager at D&L Garage Doors. "It reflects our team's hard work and dedication to providing top-quality garage door solutions for the Meridian community. We're grateful for the trust our customers place in us, and we're excited to continue exceeding expectations.


About D&L Garage Doors - Local Garage Door Repair Experts!
Founded in 2010, D&L Garage Doors has pioneered garage door services across the Treasure Valley. Known for its fast, honest, and affordable approach, the company is committed to making local homes safer and more secure with dependable garage door solutions. 
D&L Garage Doors | Your Trusted Garage Door Experts in Meridian
Contact: 208-650-4304, 3800 W Chinden Blvd, Boise, Idaho 83714

IFS Launches AI-Driven Product Enhancements to Boost Efficiency and Sustainability in Oil & Gas

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IFS Launches AI-Driven Product Enhancements to Boost Efficiency and Sustainability in Oil & Gas
IFS Launches AI-Driven Product Enhancements to Boost Efficiency and Sustainability in Oil & Gas

PRWire:

  • IFS BOLO 15: A new AI-powered accounting solution driving back-office efficiency.
  • AI Automation for AP Invoicing: Streamlining cash flow and enhancing productivity.
  • IFS Tobin & IFS iLandMan Updates: Simplifying brine leasing for clean energy projects.

IFS, a leading provider of enterprise cloud and industrial AI software, has unveiled next-generation product enhancements designed to transform efficiency and sustainability for upstream oil and gas organizations. These new releases leverage IFS.ai to deliver unprecedented back-office automation, improved operational workflows, and enhanced capabilities for clean energy operations. With these innovations, IFS aims to empower the oil and gas industry to meet evolving challenges, reduce costs, and support the global transition towards more sustainable energy practices.

IFS BOLO 15: Next-Level AI-Driven Oil & Gas Accounting

IFS Energy & Resources introduces IFS BOLO 15, a next-gen oil and gas accounting solution delivering unmatched processing power to handle any business scenario. Powered by IFS.ai, IFS BOLO 15 revolutionizes back-office efficiency through:

  • Streamlined Workflows: Reducing rework, automating repetitive tasks, and simplifying audit processes. By minimizing manual interventions, companies can achieve significant time savings and reduce human error, leading to more consistent and reliable outcomes.
  • Modern Usability: An intuitive, modern user interface that minimizes learning time and enhances user satisfaction. The new UI is designed to be both visually appealing and functionally robust, allowing users to quickly adapt and utilize all features with minimal training.
  • Enhanced Security: Multi-layered protection at the code, networking, and data levels, ensuring that sensitive business information remains secure. This includes advanced encryption methods, secure access protocols, and continuous monitoring to detect and mitigate potential threats.
  • Open Data Access: Seamless integration with Microsoft Power BI for in-depth data analysis. Users can generate powerful visual reports, gain valuable insights into financial and operational data, and make more informed business decisions based on real-time information.

AI Automation for AP Invoicing: Optimize Cash Flow

The new release of IFS BOLO 15 also introduces AI-powered AP invoicing capabilities, enhancing existing IFS investments like IFS Excalibur, IFS Qbyte, IFS IDEAS, and IFS Enterprise Upstream. Key benefits include:

  • Automated Invoicing: Reduces processing time and increases accuracy by automating the entire invoicing workflow. This includes data extraction, validation, and reconciliation, ensuring that invoices are processed quickly and with minimal errors, leading to faster payments and improved financial management.
  • Optimized Payment Cycles: Improves cash flow and productivity by ensuring that invoices are processed and approved efficiently. The automated system can also identify opportunities for early payment discounts, further contributing to cost savings.
  • Vendor Self-Service Portal: Enhances vendor relationships with an easy-to-use platform that allows vendors to submit invoices, check payment status, and communicate directly with the accounts payable team. This transparency helps build trust and ensures that vendors are kept informed throughout the invoicing process.

Clean Energy Focus: IFS Tobin & IFS iLandMan Enhancements

In its commitment to sustainability, IFS has integrated new brine leasing capabilities through IFS iLandMan and IFS Tobin data. This integration streamlines leasing processes for lithium projects, a critical component in the clean energy transition. By simplifying the leasing workflow, IFS enables customers to reduce administrative overhead and focus on project development, accelerating the shift towards renewable energy sources. The new enhancements also provide better visibility into lease data, helping operators make more informed decisions and effectively manage their clean energy portfolios.

Bridging Oil Fields and Back Offices to Reduce Emissions

IFS Energy & Resources continues to bridge the gap between oil field operations and back-office functions, helping companies reduce Scope 1 and Scope 2 emissions. By integrating with IFS Cloud, IFS Ultimo, and IFS Copperleaf, oil and gas operators can optimize costs, manage risks, and ensure revenue assurance while promoting sustainable practices. The seamless connectivity between field data and back-office systems allows for real-time monitoring of emissions, enabling operators to take proactive steps to minimize their environmental impact and meet regulatory requirements. These tools also provide insights into asset performance, helping companies to make data-driven decisions that balance profitability with sustainability goals.

Dale McMullin, Chief Technology Officer at IFS Energy & Resources, commented, “Our latest innovations reflect our commitment to providing stronger, more efficient technology to our customers, ensuring sustainability is at the core of every product we develop. By focusing on cutting-edge AI and automation, we are giving our customers the tools they need to transform their operations, reduce costs, and achieve their sustainability targets. We believe that by embedding sustainability into our solutions, we are not only helping our customers succeed but also contributing to a cleaner and more sustainable future for the industry.”

About IFS Energy & Resources

IFS Energy & Resources (formerly P2 Energy Solutions) is a trusted leader in software and data solutions for the upstream oil and gas sector. Our solutions in production, accounting, land, and geospatial information are industry standards, relied upon by nearly 2,000 companies worldwide to automate business processes, reduce costs, and maximize asset value. With a focus on innovation and customer success, we continuously leverage technology and industry expertise to build a competitive advantage for our customers. Our integrated solutions help businesses streamline workflows, automate complex processes, and drive productivity across all areas of their operations, ultimately maximizing profitability and ensuring long-term success. Visit ifs.com/energy-and-resources for more information.

LogRhythm | Exabeam Appoints Yasser Ali as Regional Director for Saudi Arabia and the Gulf Region to Support Local Cybersecurity Requirements

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LogRhythm | Exabeam Appoints Yasser Ali as Regional Director for Saudi Arabia and the Gulf Region to Support Local Cybersecurity Requirements
LogRhythm | Exabeam Appoints Yasser Ali as Regional Director for Saudi Arabia and the Gulf Region to Support Local Cybersecurity Requirements

PRWire:

LogRhythm | Exabeam Appoints Yasser Ali as Regional Director for Saudi Arabia and the Gulf Region to Support Local Cybersecurity Requirements

Ali brings over two decades of experience in the IT industry at AmiViz, Intel Security, and 3Com to LogRhythm | Exabeam

Riyadh, Kingdom of Saudi Arabia, 11 November 2024 – LogRhythm | Exabeam, a global cybersecurity leader that delivers AI-driven security operations, has appointed Yasser Ali as its Regional Director for Saudi Arabia and Gulf Region. The strategic appointment provides dedicated, on-the-ground support to LogRhythm | Exabeam customers and partners across the Gulf region, including the Kingdom of Saudi Arabia (KSA), United Arab Emirates (UAE), Qatar, Bahrain, Oman, Kuwait, Iraq, and Jordan. Ali will play an instrumental role in strengthening the region’s cybersecurity foundation and mitigating evolving cyberthreats.

Ali brings more than 24 years of IT industry experience to the role, previously holding managerial positions at AmiViz, Intel Security, and 3Com spanning across locations including Egypt, the KSA, and North Africa. As Regional Director for the Gulf Region, he will oversee operations, develop strategic initiatives, and deliver tailored solutions to address unique cybersecurity challenges in the Gulf. He will apply his security information and event management (SIEM) industry expertise to enable local organizations to access the most innovative security operations solutions.

“We are thrilled to have Yasser join our team as Regional Director for the Gulf Region. His extensive understanding of the Middle East’s cybersecurity landscape combined with his leadership expertise will play a vital part in driving forward our commitment to the region,” said Mazen Adnan Dohaji, Vice President and General Manager, IMETA, LogRhythm | Exabeam. “Yasser’s proven track record of driving growth and fostering local innovation will undoubtedly be a tremendous asset to our team as we focus on expanding our presence to serve the evolving needs of the market.”

Within his role, Ali will provide expert guidance, enabling LogRhythm | Exabeam customers to benefit from its self-hosted LogRhythm SIEM, cloud-native New-Scale Security Operations Platform, and advanced behavioral analytics products. His knowledge of the region will help organizations leverage localized solutions that align with the unique regulatory and technological needs of the Gulf.

“I am excited to take on this role at such a pivotal time for cybersecurity in the Gulf. As rapid digitalization accelerates, the demand for advanced, AI-driven solutions continues to grow,” said Yasser Ali, Regional Director, Gulf Region,LogRhythm | Exabeam. “It is clear that LogRhythm | Exabeam is committed to driving new value in the Middle East through recent launches, updates, and innovation. I look forward to building on this continuous momentum and empowering the Gulf with dedicated security tools and strategies that strengthen threat detection, investigation, and response (TDIR).”

The strategic hire follows the recent availability of the cloud-native New-Scale Platform in the KSA. Built on Google Cloud, the platform leverages the Dammam Google Cloud region (me-central2) to meet the demand for growing cloud-native security requirements.

About LogRhythm | Exabeam 

LogRhythm | Exabeam is a global cybersecurity leader that delivers AI-driven security operations. High-integrity data ingestion, powerful analytics, and workflow automation power the industry’s most advanced self-hosted and cloud-native security operations platform for threat detection, investigation, and response (TDIR). With a history of leadership in SIEM and UEBA, and a legacy rooted in AI, LogRhythm | Exabeam empowers global security teams to combat cyberthreats, mitigate risk, and streamline security operations. Learn more at www.exabeam.com.

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