Connect with us

Hi, what are you looking for?

Investing

Integrated Cyber Solutions Unveils Joint Venture Partnership with Hospitality Company in the Middle East

(TheNewswire)

Vancouver, British Columbia TheNewswire – April 2, 2024 – Integrated Cyber Solutions Inc. (CSE:ICS) (FSE:Y4G) (‘Integrated Cyber’ or the ‘Company’) is pleased to announce that the Company has formed a Joint Venture (‘JV’) partnership (‘ICS Middle East’) with an established company based in the UAE, HSG Middle East (‘HSG’). Since 2012, HSG has been delivering specialized hospitality supplies and technology solutions across the Middle East. HSG is a member of the Gulf Cooperation Council (GCC), with relationships totaling over 500 hotels and 55,000 rooms in the region.

The purpose of the JV with HSG will be multi-faceted and strategic by nature. By establishing ICS Middle East, Integrated Cyber seeks to cultivate business alliances involving strategic partnerships with local entities to leverage their expertise and networks. Through this partnership, the Company anticipates gaining access to local market insights, cultural nuances, and regulatory knowledge essential for navigating and participating in this unique regional landscape.

Specifically, ICS Middle East will initially be focused on five key areas to grow its presence and commercial opportunities in the region:

Collaborate with the UAE Government to develop a credentialing system tailored for individuals, corporations, and government agencies within the UAE

Maintain focus on delivering cyber services to the power generation industry, leveraging its expertise honed through serving a major electricity generator company with over 15 power plants. It is anticipated that ICS Middle East will be in contention to provide cyber services to a power plant supplying approximately 20% of Dubai’s electricity

Offer cyber services to existing hotel and hospitality clients of HSG, which include prominent names such as EMAAR Hospitality, Fairmont, Hilton, Atlantis, Jumeirah Hotels, Rotana, and Starwood hotels

Establish a partnership with a leading provider of critical IT services and hardware to the UAE healthcare sector to offer cyber services to the company’s existing client base

Capitalize on the momentum created by HSG’s new office in Riyadh, Saudi Arabia, with plans to replicate the successful approach in the UAE by providing cyber services to hospitality, healthcare, and governmental sectors. This initiative builds upon existing relationships with entities such as the Saudi Arabia National Guard, NEOM, and the Sovereign Investment Fund PIF.

Previous to the JV, ICS Middle East participated in the ISACA Infosec/Cyber Security 2023 Conference in Dubai, winning the Best Newcomer award. ISACA is a global professional association and learning organization that leverages the expertise of its more than 165,000 members who work in digital trust fields such as information security, governance, assurance, risk, privacy and quality. It has a presence in 188 countries, including 225 chapters worldwide.

About Integrated Cyber Solutions

Integrated Cyber Solutions is a managed security service provider (MSSP) that humanizes cybersecurity managed services to the Small-to-Medium Business (SMB) and Small-to-Medium Enterprise (SME) sectors. The Company integrates capabilities from third-party cybersecurity providers, ensuring customers have access to the latest cybersecurity solutions. Apart from providing essential cybersecurity services, Integrated Cyber’s managed services and IC360 technology platform consolidate vast amounts of information to generate actionable intelligence from the numerous software point solutions within their customer’s environments. The results enable simple, understandable, and actionable insights to help customers comprehend and better secure their organization.

Contact:

Media Relations Team

email: PR@Integrated-Cyber.com

Forward-Looking Statement

Copyright (c) 2024 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    Kim Jong Un attended a “paramilitary parade” with his daughter to mark the 75th anniversary of North Korea’s founding on Saturday, the country’s state...

    Stock

    Target said Tuesday that it will close nine stores in major cities across the country, citing violence, theft and organized retail crime. The company will...

    Economy

    A U.S. District Court judge Thursday blocked implementation of a new Idaho law that would prevent transgender students from using restrooms, locker rooms and...

    Stock

    The Consumer Price Index hit 3.2% in July, compared with 3% in June, the Bureau of Labor Statistics reported Thursday. Once again, food prices...

    Disclaimer: aimyourdeals.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 aimyourdeals.com