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SentinelOne to Demonstrate Autonomous XDR Cybersecurity Platform and Identity Protection Solution at Cairo ICT 2022

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Cybersecurity experts and executives will be on hand at SentinelOne’s booth to discuss and highlight the many powerful features of its market-leading cybersecurity solutions

SentinelOne, an autonomous cybersecurity platform company, has announced its intent to participate at Cairo ICT 2022 from 27-30 November and will highlight its cutting-edge autonomous extended detection and response (XDR) platform, and identity and credential protection solutions.

Cairo ICT is a key technology fair and forum for the Middle East and Africa region. The 26th edition is being held under the slogan ‘Leading Change’ and will focus on several topics: innovative solutions for modern data centers; 5G & IoT; cybersecurity; digital transformation and global digital government transformation. The topics align with Egypt’s ICT 2030 strategy, which aims to contribute to achieving the objectives of Egypt’s Vision 2030 through the building ‘Digital Egypt’ initiative.

Digital Egypt is positioned as an all-encompassing vision and plan, which lays the foundations for the transformation of Egypt into a digital society. Its strategy is built on three main pillars including digital transformation, digital skills and jobs, and digital innovation.

“Cairo ICT is one of the region’s most established technology events and has maintained its standing as a keystone event coming out of the pandemic. We are excited to join the 26th edition and are eager to demonstrate our industry-leading Singularity XDR and Singularity for Identity autonomous cybersecurity solutions, which have already proven themselves in applications around the world. Egypt is stepping up its focus on ICT and digital transformation, which in turn means that organizations in the public and private sectors need to deploy powerful enterprise-focused cybersecurity solutions to secure their assets in the face of a continuously evolving threat landscape,” said Tamer Odeh, Regional Sales Director, SentinelOne.

According to International Trade Administration data, the ICT sector in Egypt is growing at a rate that’s higher than Egypt’s overall level of GDP growth, equivalent to 16% in the fiscal year 2020/2021 compared to 15.2% in the year 2019/2020. The ICT sector’s contribution to GDP has increased to 5% in the fiscal year 2020/2021 compared to 4.4% in 2019/2020, and total investments in the sector in the year 2020/2021 reached almost US $3 billion, as the country embraces technology and digital transformation to diversify and strengthen its economy.

As the country broadly embraces technology and digital transformation, it’s critical that organizations in the public and private sectors also invest in cybersecurity solutions, to protect against potential attacks from global threat actors.

“The threat landscape today is deadlier than ever and demands an efficient and effective response by cybersecurity solutions such as ours, which offer enterprise-wide autonomous, comprehensive, and responsive protection that can protect organizations from breaches that can cause significant time and financial impact. We look forward to showcasing our solutions to visitors at the event and, equally, to meeting with existing partners and new potential customers at Cairo ICT 2022,” added Odeh.

As technology is embedded across an enterprise, it’s critical that cybersecurity solutions can also be seen across the organization’s infrastructure, and offer effective protection, as well as an automated response across the connected security ecosystem. SentinelOne’s Singularity XDR was designed with these requirements in mind; it can autonomously supercharge, fortify, automate, and extend protection from the endpoint to beyond, with unfettered visibility, proven protection, and industry-leading responsiveness.

Singularity XDR was designed to be better, faster, and more autonomous; this has set the solution apart as a comprehensively better approach to cybersecurity when compared to traditional approaches. In addition, the cutting-edge solution was designed to keep the security analyst experience in mind from the start, which means it empowers users with richer data, smarter workflows, and powerful tools at every step of the threat lifecycle.

In recent years, as identity-based infrastructure has become a core function of scaling business, ‘identity’ cybersecurity has become a critical part of the cybersecurity mix. Today, cybersecurity experts increasingly warn that this surface has become a primary attack vector for threat actors, with weaknesses and misuse of Active Directory playing a significant part in recent, highly disruptive ransomware attacks. This means it is vital organizations take a holistic approach to secure their identity layer.

Designed to address this cybersecurity requirement comprehensively, SentinelOne’s trusted Singularity for Identity solution can: prevent attack opportunities by closing the gaps in Active Directory and Azure AD that attackers frequently exploit; prevent attack progression by finding and misdirecting covert actors aiming to steal credentials; build resilience by ascertaining insights and intelligence from attempted attacks to prevent repeated compromises.

Senior executives and cybersecurity experts from SentinelOne will be at stand 2G10 to meet with customers and partners over the course of Cairo ICT 2022.

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THIRD EDITION OF BENTLEY’S EXTRAORDINARY WOMEN INITIATIVE WELCOMES STUDENTS FROM THE UK AND QATAR TO CREWE

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Extraordinary Women

The third edition of Bentley Motors’ Extraordinary Women initiative has concluded with students from universities in the UK and Qatar spending a week at the luxury car brand’s headquarters in Crewe, England. As part of a specially designed schedule, they met with Bentley experts and executives, went behind the scenes of its manufacturing operations, and tackled individual tasks.

Designed to encourage and develop the next generation of young female leaders, the 2024 edition of the Extraordinary Women programme has seen the students receive one-on-one mentorship over the past three months from a selection of inspirational Pioneers from the fields of technology, engineering, design, and business.

The students, who passed through a structured selection process focused around these four specific fields, came from a variety of participating universities: including The University of Doha for Science and Technology in Qatar, and the Universities of Bath, Loughborough, and Manchester Metropolitan in the UK.

Noora Al-Hajri, University of Doha for Science & Technology student, commented, “This experience has been nothing short of life-changing. Through the programme, I have gained invaluable knowledge and skills that will significantly impact my personal and professional growth. The opportunity to learn from inspiring mentors in both Qatar and the UK has been particularly enriching. Their guidance has broadened my horizons, challenged me to think critically, and empowered me to pursue my dreams with renewed confidence. The opportunity to visit the Bentley headquarters at the end of the programme has also been truly awe-inspiring. Thank you, Bentley, for believing in us and for creating such a transformative programme.”

The Pioneers were equally carefully selected. In the UK, entrepreneur Sara Davies MBE, founder and owner of Crafter’s Companion and TV personality from BBC One show Dragons’ Den, provided business mentorship, with Cecilia Harvey, founder of Tech Woman Today, offering the same in the field of technology.

Titi Oliyide CEng MIET, Senior Process Safety Engineer and winner of the 2023 Young Woman Engineer of the Year, mentored the engineering student, and renowned interior designer and Founder of Studioilse, Ilse Crawford provided design support.

The four Qatari Pioneers included Qatar’s UNESCO art ambassador, Muna Al-Bader, in the field of design. Dr Noora Fetais Al Marri, honoured by the Arab Women of the Year 2024 awards for her contributions to cyber security. Education and founding President of the Arab Association for Cyber Security, offered technology mentorship.

Covering the field of engineering was Dr. Hanan Farhat, founder of the Qatar Association for Women Engineers, and Dr. Buthaina Al Ansari in the field of business, who is a senior advisor at the organisation that established Tamkeen Training and Consulting Solutions.

Member of the Board for Human Resources at Bentley Motors, Dr. Karen Lange, commented, “With every year, the Extraordinary Women programme grows stronger, as exemplified by the quality of this year’s Pioneers, all who have generously given their time in the spirit of collaboration as we seek to build a legacy for young women. It has been a great honour to meet and engage with such talented young women during their visit – witnessing their energy and ability fills me with great optimism for the future.”

Launched in the UK and Middle East in 2022, the Extraordinary Women initiative has previously engaged students and Pioneers from the United Arab Emirates, Saudi Arabia, and the United Kingdom. It forms part of Bentley’s wider commitment to diversity, equity, and inclusion under its Beyond100 strategy, and was created to encourage women to explore a variety of career paths in the STEM and automotive sectors.

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Financial

Reem Finance signs with Network International to accelerate digital transformation

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Network International (Network) has announced the signing of a strategic partnership with Reem Finance, the leading financial services provider in the UAE. The strategic alliance aims to leverage Network’s expertise to provide a fully-fledged payment processing solution to support the digital transition.

The partnership with Network complements Reem Finance’s focus on offering customers with a unique banking experience in tune with the digital age. The scope of services includes a comprehensive range of products and services from transaction processing, card hosting and management, as well as value-added services. As the region’s largest payment solutions company, Network is committed to supporting the UAE financial services sector by providing innovative solutions to customers and enhancing the experience of consumers.

Navneet Dave, Managing Director & Co-Head of Processing – Middle East at Network International, commented, “We are thrilled to partner with Reem Finance as we jointly deliver innovative digital payment solutions that offer an effortless and secure experience for customers. Our collaboration builds on Network’s three decades of experience and expertise in creating world-class digital payments infrastructure and services for clients. It underscores Network’s commitment to empowering our partners with cutting-edge processing services and value-added solutions and driving growth in the UAE financial services industry.”

Mr. Seraj Faidi, CEO of Reem Finance,said: “As part of our ongoing commitment to enhancing the quality of our products and services for our esteemed clients, and in light of our recent collaborations with prominent service providers and partners, we are delighted to partner with Network International to explore innovative paths to accelerate digitizing our services to better serve our customers. This engagement is an important step for Reem Finance in expanding our capabilities to provide top tier, friendly and easy to use services to our customers. We are confident that with Network International, the processing of card transactions related to both consumer and commercial sectors will be state-of-the-art and seamless. We are committed to playing a vital role in elevating the financial system in the UAE, delivering value to our shareholders, and prioritizing the needs of our clients.”

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Financial

Wio Bank Redefines SME Banking with New Embedded Finance

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Wio Bank PJSC is introducing a new embedded finance service designed especially for the UAE’s small and medium-sized enterprises (SMEs). This initiative includes strategic partnerships with leading accounting software platforms Zoho Books, Fiskl and Wafeq, aiming to embed banking services into daily business operations and simplify financial management.

Wio Business, the bank’s first digital banking application, caters to micro, small, and medium enterprises (MSMEs), as well as freelancers and entrepreneurs. By directly integrating with accounting and financial management systems through APIs, Wio Business facilitates seamless financial workflows, enhancing management and eliminating the need for third-party intermediaries. This integration automates bookkeeping, significantly reducing manual labor and allowing businesses to concentrate on their core activities.

Jayesh Patel, Chief Executive Officer of Wio Bank PJSC, shares his vision for the new service: “By adopting Embedded Finance, we are transforming how businesses manage their finances. Our direct integration initiative simplifies how financial services are delivered and managed, making it easier and more transparent for SMEs.”

With over 94% of UAE businesses categorized as SMEs and significant contributors to employment, Wio Bank’s new service is tailored to meet a vital market need. This initiative, along with its strategic partners, is designed to simplify business operations, allowing them to thrive by focusing on growth rather than administrative financial tasks.

A New Era of Financial Management

Through Wio Business, companies can now link their accounts with selected software platforms such as Zoho Books, Fiskl, and Wafeq, offering a holistic view of their financial health. This integration eliminates the dependency on third-party intermediaries, simplifies financial workflows, ensures real-time financial insights with automatic updates, and streamlines accounting tasks with features like auto-reconciliation of bank statement. Additionally, integrating Wio Business APIs into Corporate ERPs and payment platforms facilitates automated account payables and instant transaction reconciliation, thus reducing manual labor and errors, and enhancing cost efficiency and operational gains.

Wio Bank was established to redefine banking in the UAE for both businesses and consumers. Its second digital offering, Wio Personal, is a day-to-day banking platform that changes how individuals see, manage, and grow their money. It provides users with unprecedented financial visibility and flexibility, serving as a foundation for achieving personal financial goals with an engaging experience that includes smart cards and exciting rewards.

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