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Al Salam Bank, Bahrain’s largest and fastest growing domestic bank, features the successful implementation of J.P. Morgan Payments’ Overnight Murabaha solution as the first bank globally to adopt the service as a key part of its asset and liability management framework. The implementation of this innovative liquidity management tool reflects Al Salam Bank’s pioneering approach to treasury and liquidity management while reinforcing its commitment to adopt advanced solutions to enhance efficiency and performance. The milestone was featured during the Bahrain Formula 1 Grand Prix in Malaysia attended by senior representatives from Al Salam Bank and J.P. Morgan Payments, underscoring the…
MOSCOW — Russia on Saturday urged foreign citizens and diplomats in Kyiv to leave the Ukrainian capital and refrain from traveling to the country, while warning residents to stay away from military and administrative facilities. In a statement, the Russian Foreign Ministry said Moscow would continue sustained strikes against military targets in Kyiv and other Ukrainian cities in response to what it described as “terrorist actions” by Ukrainian forces against Russia’s civilian population and infrastructure. “The Russian Foreign Ministry once again warns foreign citizens, including diplomatic mission personnel, against staying in or traveling to Ukraine,” the ministry said. “Responsibility for…
The National Cybersecurity Authority (NCA) has highlighted the importance of registering with the authority for organizations that provide cybersecurity services, products, or solutions in the Kingdom, particularly for activities that do not require a formal license from the NCA. This registration should be done through the national cybersecurity services portal, “Haseen”: https://haseen.gov.sa. The initiative aims to strengthen the development and regulation of the Kingdom’s cybersecurity market and industry. It enables providers of cybersecurity services, products, and solutions to take advantage of promising opportunities in this sector and to meet the increasing demand for these services across government, private, and non-profit…
AI adoption, expanding data volumes and the emerging threat posed by quantum computing are prompting enterprises to reassess their cybersecurity strategies. Growing demand for platform consolidation is also encouraging organisations to integrate data security, application security and identity and access management capabilities. In an interview with TahawulTech.com at GISEC Global 2026, Sébastien Pavie, Vice President of Sales – SEMEA at Thales, discusses the company’s latest data protection and quantum-safe security developments. He also examines the dual role of AI in strengthening cyber defence and enabling more sophisticated attacks, highlighting the importance of protecting sensitive data throughout its lifecycle. How did…
Saudi Arabia’s Ministry of Finance released its preliminary 2027 budget estimates, projecting revenue of SAR 1.20 trillion and expenditure of SAR 1.39
MUSCAT — Five Indian nationals were rescued after a Kuwait-flagged tanker was struck by a projectile in the Strait of Hormuz, Indian authorities said Saturday. The Indian Embassy in Oman said it coordinated the rescue of the five Indians aboard the MT Kazimah III after the vessel was “struck by a projectile in the Strait of Hormuz.” “All 5 Indian nationals have been shifted ashore safely,” the embassy said on X, thanking Omani authorities for their support and assistance. India’s Ministry of External Affairs also confirmed the rescue. “We remain committed to the safety, security and welfare of our seafarers…
The United Arab Emirates national football team faces Oman on Saturday at Prince Abdullah bin Faisal Sports City Stadium in Jeddah in the semifinals of the 27th Arabian Gulf Cup (Khaleeji 27), with both teams competing for the second berth in the tournament final. The UAE advanced after topping Group B with seven points, finishing ahead of Qatar on goal difference after two wins and a 1-1 draw with Qatar. The team scored eight goals in the group stage: two each from Nicolás Giménez and Ali Saleh, one each from Luan Pereira, Ousmane Camara, and Guilherme Bala, and an own…
GAZA — Five Palestinians, including four women, were killed and six others wounded in an Israeli airstrike on a residential apartment in western Gaza City on Saturday, amid continuing Israeli violations of the ceasefire in place since October 2025. A medical source at Al-Shifa Hospital said two Christian women were among those killed, along with two other women and a young man. Local sources and eyewitnesses said Israeli warplanes fired at least two missiles at an apartment in the Asala residential building early Saturday, destroying the targeted apartment and causing extensive damage to neighboring homes. A fire also broke out…
Proofpoint, Inc., a leading cybersecurity and compliance company, recently announced the appointment of Joyce Kim as Chief Marketing Officer (CMO), effective immediately. In her role, Ms. Kim will shape Proofpoint’s global marketing and communications strategy, amplifying the company’s brand, go-to-market execution, and demand acceleration initiatives worldwide, reporting directly to Proofpoint CEO Sumit Dhawan. Ms. Kim’s appointment underscores Proofpoint’s commitment to accelerating global growth and reinforcing its position as a defining force in securing the emerging agentic workspace. As organisations navigate the opportunities and risks of AI, Proofpoint is doubling down on its innovation agenda to empower customers to secure people,…
The General Directorate of Civil Defense stated that Civil Defense teams in Ahad Rafidah Governorate, Aseer Region, responded on Friday, October 2, to falling shrapnel from a ballistic missile launched by the terrorist Houthi militia following its interception and destruction. The falling shrapnel injured an expatriate resident of Asian nationality and caused material damage to a prayer room inside a building, as well as to several civilian vehicles. Approved emergency procedures for such incidents were immediately implemented on site. Source: Riyadh Daily