Trend Micro Expands Regional Presence with Launch of North Gulf Hub in Qatar

Trend Micro Incorporated (TYO: 4704; TSE: 4704) a global leader in cybersecurity solutions, has officially inaugurated its new office in Qatar, establishing it as the strategic hub for its North Gulf operations. This expansion reinforces Trend Micro's long-term commitment to enhancing cybersecurity resilience and supporting digital transformation, in line with Qatar National Vision 2030 and the broader region's digital aspirations. The launch event that took place last week featured a ribbon-cutting ceremony led by Mr. Sami Al Shammari, Assistant Undersecretary for Infrastructure and Operations Affairs at the Ministry of Communications and Information. The event brought together prominent industry leaders, key Trend Micro customers, and strategic partners, reflecting a strong collective commitment to advancing cybersecurity in the region.Trend Micro also hosted a special edition of its flagship Innovist Forum, an exclusive gathering of cybersecurity experts to discuss the latest threats, emerging trends, and strategies shaping the future of digital security in the region. 'As cyber threats evolve and become more sophisticated, expanding our presence in key markets is essential to ensuring that businesses and governments have access to world-class, industry-leading security solutions,' said Dhanya Thakkar, Executive Vice President, North America and AMEA Sales at Trend Micro. 'By establishing this hub in Qatar, we are strengthening our commitment to global cybersecurity resilience while fostering innovation and collaboration that extend beyond regional borders.' The opening of Trend Micro's office in Qatar and establishment of its North Gulf Region are part of the organization's mission to enhance cyber resilience for enterprises and empower the region to navigate an increasingly complex threat landscape. As part of this investment, the organization will expand its local team in Qatar, with plans to double the business team and introduce new services. The company is also committed to supporting regional talent development efforts through initiatives like the CyberGate internship program, designed to bridge the cybersecurity skills gap in partnership with public and private sector organizations. 'Our new office in Qatar solidifies our commitment to the North Gulf region and strengthens our role in its cybersecurity ecosystem,' said Tarek Jammoul, Country Director for North Gulf and Levant at Trend Micro. 'With Qatar's digital transformation market projected to reach USD 9.19 billion by end of 2025 and nearly double to USD 19.65 billion by 2030, this strategic expansion ensures that organizations in this dynamic market have direct access to world-class cybersecurity expertise, cutting-edge solutions, and a robust local support system.'
As organizations across Qatar and the North Gulf accelerate their digital transformation efforts, Trend Micro remains steadfast in its mission to provide best-in-class cybersecurity solutions. The new regional hub plays a key role in this initiative, driving local engagements, accelerating security innovation, and supporting Qatar's vision for a secure and resilient digital economy.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Biz Bahrain

3 days ago

• Biz Bahrain

Bahrain Officially Inaugurates Pavilion at St. Petersburg International Economic Forum

The Kingdom of Bahrain inaugurated its pavilion at the St. Petersburg International Economic Forum (SPIEF) 2025, marking a pivotal milestone in strengthening diplomatic and economic ties between Bahrain and Russia. The opening ceremony was attended by distinguished officials, including H.E. Abdulla bin Adel Fakhro, Minister of Industry and Commerce; H.E. Olga Lyubimova, the Russian Minister of Culture, Head of Russia-Bahrain Intergovernmental Commission; H.E. Ahmed Abdulrahman Al Saati, Bahrain Ambassador to Russia, Alexander Stuglev, Chief Executive Officer of Rosscongress as well as key officials and stakeholders from both nations. The Bahrain Pavilion serves as a hub for networking, engaging with key stakeholders and potential investors, and showcasing Bahrain's vibrant investment environment. It will also showcase Bahrain's rich cultural heritage through dedicated cultural exhibits, emphasising the Kingdom's unique identity and strategic position as a gateway to the Gulf and beyond. H.E. Abdulla bin Adel Fakhro said, 'Bahrain's presence at SPIEF 2025 highlights our commitment to building stronger economic bridges and opening new avenues for collaboration. We are excited to showcase our investment ecosystem and foster meaningful connections with Russian and global stakeholders. With already over 190 active companies in Bahrain with Russian partners, there is a clear indication of the potential opportunities, and we firmly believe this is just the beginning of a prosperous future.' Bahrain's participation as a guest country in SPIEF serves as an opportunity to highlight the Kingdom's strategic investment opportunities across key priority sectors, while simultaneously offering new paths for strategic trade and economic ties. Through the pavilion, Team Bahrain aims to highlight the Kingdom's investor-friendly environment, innovative projects, and strategic initiatives designed to foster sustainable growth. Known for its progressive and dynamic economy, Bahrain offers an open market policy, a strategic location, and diverse sectors that position it as a regional hub, providing access to the GCC's USD 2.2 trillion market.

Daily Tribune

3 days ago

• Daily Tribune

Al Baraka integrates faith and fintech

TDT | Manama Al Baraka Islamic Bank is demonstrating that Islamic finance can deliver cutting-edge performance, earning global praise for its seamless USD payment processing while staying true to Sharia principles. The Bahrain-based bank has received the Straight-Through-Processing (STP) Award from The Bank of New York Mellon (BNY), a leading global financial services firm. The award recognises institutions with highly automated and accurate cross-border payment systems, validating Al Baraka's ability to blend ethical banking with digital sophistication. Global validation BNY grants the STP Award to financial institutions that meet the highest benchmarks in straight-through-processing of payments, meaning transactions completed without manual intervention. The award was presented by Salman Alhashimi, Head of MEA NBFIs and Deputy Head of the GCC Region at BNY, to Dr. Adel Abdullah Salem, CEO of Al Baraka Islamic Bank, in the presence of Hussain Yousif Atiya, Chief Corporate and Institutional Banking Officer. 'We are proud to receive this recognition from BNY, which reflects our continued focus on operational excellence and innovation in financial services,' said Dr. Salem. 'It is the result of our ongoing investment in digital infrastructure and our commitment to delivering efficient and reliable banking experiences to our clients.' Ethical meets efficient Atiya added, 'This award underscores the competence of our teams and their dedication to providing solutions that meet the highest standards for international banking and executing global payments. We're well poised to expand our offering of digital banking services to corporate and financial institution clients.' Al Baraka's achievement challenges assumptions that Islamic banks may lag in technological adoption due to Sharia governance frameworks. On the contrary, the bank's systems are not only compliant but also competitive, proving that religious values and world-class fintech can coexist.

Gulf Insider

15-06-2025

• Gulf Insider

Bahrain: Monetary Stability Continues As Bahrain's Money Supply Hits BD 16.8 Billion

The Central Bank of Bahrain (CBB) held its third board meeting of the year on Sunday, June 15, 2025, led by Mr. Hassan Khalifa Al Jalahma, Chairman of the Board. During the session, board members reviewed a number of key issues on the agenda. Chief Executive Mr. Khalid Ibrahim Humaidan provided an overview of the CBB's latest achievements and priorities. The board also discussed licensing updates, policy progress, and other operational highlights from the first part of the year. The meeting shed light on the steady rise in Bahrain's monetary indicators. As of April 2025, the broad money supply (M3) reached BD 16.8 billion, showing a healthy increase of BD 5.2 billion compared to April 2024. Private sector deposits at retail banks also grew to BD 14.4 billion, a 3.5% rise year-on-year. Credit facilities extended to Bahrain-based economic sectors totaled BD 12.4 billion, up 1.8%, with 43.3% going to businesses and 48.9% to individuals. The total balance sheet for Bahrain's banking sector (including retail and wholesale banks) stood at USD 244.7 billion, an increase of 2.3% from the same period last year. Point-of-sale (POS) transactions saw a significant uptick. In April 2025, a total of 21.5 million transactions were recorded, with 77.6% made via contactless cards—marking a 28.5% increase in transaction volume. The total value of these operations was BD 428.2 million, up 17.3%, with contactless payments accounting for more than half of the value. The capital adequacy ratio for the banking sector was 20.6% at the end of Q1 2025, slightly lower than 22.2% a year earlier. The breakdown by bank type revealed: Traditional retail banks: 29.4% Traditional wholesale banks: 16.6% Islamic retail banks: 23.8% Islamic wholesale banks: 21.1% These figures reflect a well-capitalized banking environment with adequate buffers in place. As of March 2025, the total number of investment funds registered with the CBB rose to 1,737, compared to 1,699 in March 2024. However, the total assets under management dropped slightly to USD 11.27 billion, a 2.4% year-on-year decline. Local funds saw a 3.8% decrease in asset value. saw a decrease in asset value. Foreign funds experienced a 1.5% drop. experienced a drop. Islamic investment funds, however, posted a 15% increase, rising from USD 1.74 billion to USD 2 billion. The data reflects shifting investor sentiment and highlights growing interest in Islamic finance.