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UAE And Google Cloud Unveil Cybersecurity Powerhouse In Abu Dhabi

The UAE is taking a major step toward securing its digital future with the launch of the Cybersecurity Center of Excellence in Abu Dhabi, developed in partnership with Google Cloud. This initiative is set to fortify national cybersecurity, fuel innovation, and establish the UAE as a global leader in cyber defense.

A Strategic Move For Digital Resilience

The center will serve as a hub for cutting-edge cybersecurity solutions, workforce development, and cross-sector intelligence sharing. “This collaboration is pivotal for the UAE’s cybersecurity ambitions,” said Dr. Mohamed Alkuwaiti, head of cybersecurity for the UAE Government. “It’s not just about tackling threats—it’s about cultivating top-tier talent and fostering innovation.”

According to research from Access Partnership, enhanced cybersecurity measures could prevent at least $6.8 billion in cybercrime losses by 2030, create 20,300 specialized jobs, and attract $1.4 billion in foreign investment. The initiative is expected to drive digital transformation across industries, boosting efficiency and economic growth.

Training The Next Generation Of Cyber Defenders

A key component of the initiative is an advanced training program led by Mandiant, part of Google Cloud. Designed to equip cybersecurity professionals with real-world expertise, the program offers immersive courses focused on AI-driven security tools and rapid incident response.

“This isn’t just another training program—it’s hands-on, real-world experience led by professionals who tackle the world’s most sophisticated cyberattacks,” said Cristina Pitarch, Managing Director, EMEA, Google Cloud Security.

Backing High-Growth Startups

Google Cloud is also rolling out a startup accelerator program in 2025, selecting 25 high-potential companies from Abu Dhabi’s Hub71 ecosystem. Participants will receive mentorship on scalable growth strategies, with top-performing startups eligible for up to $300,000 in Google Cloud credits.

Cybersecurity As A Pillar Of The UAE’s Global Strategy

The Cybersecurity Center of Excellence aligns with the UAE’s broader push into AI, digital infrastructure, and economic diversification. The announcement follows high-level meetings between UAE leadership and global tech executives, underscoring the country’s intent to lead in cybersecurity and artificial intelligence.

With this bold move, the UAE is positioning itself at the forefront of global cybersecurity innovation—securing its digital economy while shaping the future of the industry.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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