Anxinsec, a leading cybersecurity product and service provider, has set up its global headquarters at the Abu Dhabi Global Market (ADGM), in partnership with the Abu Dhabi Investment Office (ADIO).
By establishing its global headquarters in Abu Dhabi, Anxinsec will operate in a city globally known for its advanced cybersecurity infrastructure, where top tech giants such as Amazon Web Services (AWS), Microsoft, G42 and Bespin Global, are already operational.
The global cybersecurity industry is expected to increase from $190.4 billion in 2023 to a market value of $298.5 billion by 2028, at a CAGR of 9.4 percent. Currently valued at $0.54billion, the UAE’s cybersecurity industry is expected to grow $1.07billion by 2029, with a CAGR of 12.72 percent.
The UAE continues to flourish its cybersecurity capabilities with targeted investments across cloud security, endpoint protection, and data loss prevention solutions.
His Excellency Badr Al-Olama Director General – Abu Dhabi Investment Office
“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 joins a growing lineup of companies that we have welcomed to Abu Dhabi to invest in high-impact solutions that protect our state-of-the-art digital infrastructure.”
Alex Jiang, Chairman of Anxinsec, stated that, “ADIO’s support and our partnership with ADGM have enabled Anxinsec to set up its global headquarters in the heart of Abu Dhabi. The emirate stands out as the primary choice for our base of operations, thanks to its top-tier infrastructure and exceptional talent pool. It offers an ideal environment for business operations, investment opportunities, living, and work, with seamless connectivity to both regional and international markets. Supported by ADIO, we’re dedicated to advancing our core technologies, bolstering our R&D capabilities, and enhancing our marketing strategies. Anxinsec, as a knowledge-driven cybersecurity firm, is dedicated to delivering state-of-the-art cybersecurity solutions and expert services, fostering the growth of Abu Dhabi’s thriving digital economy.”
Anxinsec has already teamed up with local government agencies, including the UAE Cybersecurity Council, to contribute to the rapidly growing cybersecurity ecosystem in the region. Anxinsec is the latest in a series of high-profile collaborations between ADIO and global tech leaders, joining industry pioneers like Tamatem Games, Ubisoft, Insilico Medicine, the Applied AI Company (AAICO) and NEOPLY.
