Anxinsec Chooses Abu Dhabi For Global Headquarters In Partnership With ADIO

Anxinsec, a prominent provider of cybersecurity products and services, has chosen Abu Dhabi Global Market (ADGM) for its global headquarters. This decision, made in partnership with the Abu Dhabi Investment Office (ADIO), marks a strategic move to utilise Abu Dhabi's advanced cybersecurity infrastructure. The city is home to major tech firms like Amazon Web Services (AWS) and Microsoft, offering a rich talent pool.

The global cybersecurity market is projected to grow significantly, from $190.4 billion in 2023 to $298.5 billion by 2028, with a CAGR of 9.4 percent. In the UAE, the cybersecurity sector is expected to increase from $0.54 billion currently to $1.07 billion by 2029, growing at a CAGR of 12.72 percent. This growth reflects the UAE's commitment to enhancing its digital security capabilities through investments in cloud security and data protection.

Badr Al-Olama, Director General of ADIO, stated, "With a track record of investments in the digital sector and a clear focus on industries of the future, Abu Dhabi has established itself as a regional economic powerhouse, empowering businesses to lead the forefront of technological development." Anxinsec's arrival adds to the list of companies investing in solutions that safeguard Abu Dhabi's digital infrastructure.

Alex Jiang, Chairman of Anxinsec, expressed gratitude for ADIO's support and collaboration with ADGM. He noted that Abu Dhabi's superior infrastructure and talent make it an ideal location for their headquarters. "The emirate stands out as the primary choice for our base of operations," he said, highlighting its connectivity to regional and international markets.

Anxinsec is committed to advancing its core technologies with support from ADIO. The company aims to strengthen its research and development capabilities while enhancing marketing strategies. As a knowledge-driven firm, Anxinsec focuses on delivering advanced cybersecurity solutions and services that contribute to Abu Dhabi's growing digital economy.

The company has already partnered with local government entities such as the UAE Cybersecurity Council. These collaborations aim to drive innovation across the region's cybersecurity landscape. Anxinsec joins other notable partnerships between ADIO and global tech leaders like Tamatem Games and Ubisoft.

Abu Dhabi continues to attract businesses focused on digital security by fostering an environment conducive to technological advancement. The emirate's strategic initiatives are designed to bolster its position as a hub for innovation in cybersecurity.

With inputs from WAM