Anxinsec, a leading provider of cybersecurity products and services, has announced the establishment of its global headquarters at the Abu Dhabi Global Market (ADGM), selecting the emirate as the launchpad for its next phase of growth in collaboration with the Abu Dhabi Investment Office (ADIO).
By setting up its headquarters in Abu Dhabi, Anxinsec will operate in a city renowned for its advanced cybersecurity infrastructure, alongside major tech players such as Amazon Web Services (AWS), Microsoft, G42, and Bespin Global, which have already leveraged the diverse talent pool available in the region.
The global cybersecurity industry is projected to grow from $190.4 billion in 2023 to $298.5 billion by 2028, reflecting a compound annual growth rate (CAGR) of 9.4%. The UAE’s cybersecurity sector, currently valued at $0.54 billion, is anticipated to reach $1.07 billion by 2029, with a CAGR of 12.72%. The UAE is committed to enhancing its cybersecurity capabilities through targeted investments in cloud security, endpoint protection, and data loss prevention solutions.
Badr Al-Olama, Director General of the Abu Dhabi Investment Office, stated, “With a strong history of investments in the digital sector and a focus on future industries, Abu Dhabi has established itself as a regional economic powerhouse, empowering businesses to lead in technological development. Anxinsec joins a growing roster of companies welcomed to Abu Dhabi to invest in high-impact solutions that protect our state-of-the-art digital infrastructure.”
Alex Jiang, Chairman of Anxinsec, remarked, “ADIO’s support and our partnership with ADGM have facilitated Anxinsec’s establishment in the heart of Abu Dhabi. The emirate is our primary choice for operations due to its top-tier infrastructure and exceptional talent pool. It provides an ideal environment for business operations, investment opportunities, and connectivity to both regional and international markets.”
“With the backing of ADIO, we are committed to advancing our core technologies, strengthening our R&D capabilities, and enhancing our marketing strategies. Anxinsec, as a knowledge-driven cybersecurity firm, is dedicated to delivering cutting-edge cybersecurity solutions and expert services that foster the growth of Abu Dhabi’s dynamic digital economy.”
Anxinsec has already begun collaborating with local government agencies, including the UAE Cybersecurity Council, to contribute to the next wave of cybersecurity innovation in the region. The company’s establishment represents 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.
