New Shareholders

February 3rd, 2020

Cyberteq Pte. Ltd. Singapore is proud to announce that it has  successfully closed a new funding round with participation from Dr. Zeyad TH AL-Etaibi & Mr Shyam Roy. Together, both new shareholders will take 7% ownership (Zeyad TH Al-Etaibi 6% and Shyam Roy 1%). This investment will enable Cyberteq to expand its reach and further enhance the mUnit solution.

“This is a major milestone for all of us at Cyberteq. After the successful launch of mUnit, it is the right time to further enhance our solutions and increase sales capacity to reach our target growth. Through our Cybersecurity and Digital Transformation services we will focus on MEA region and enter the highly potential Saudi market.”, says Ammar Adhami, CEO Cyberteq.

“Cybersecurity is becoming extremely relevant for every organization of every size. Especially in the Middle East there is huge potential. I am confident this is the right time to be part of Cyberteq”, says Zeyad TH AL-Etaibi.

Zeyad TH AL-Etaibi has more than 20 years of experience in Telecommunication & IT sectors and his latest role was CTO STC Group. He served as a director on many boards, including Maxis Berhad, PT AXIS Telekom Indonesia, Viva Bahrain and was the Vice-Chairman of Viva Kuwait. He has done his Doctorate in Mobile Communication from UK.

"Having been in the forefront of new technologies that have had huge impacts on the lives of people, I want to invest in the future. I believe cybersecurity is an absolute must for every business in the world. I am confident that once people are well aware of the risks, demand for cybersecurity will be tremendous", says Shyam Roy.

Shyam Roy has an extensive experience in the ICT Industry and has served as GM & CEO of Emtel Ltd. Mauritius for over 20 years. During his tenure he initiated and implemented a wide range of innovations and new technologies at Emtel. He did his BE and Masters in Telecommunications Systems & Management from UK.

 

For further information, please contact:

Ammar Adhami, CEO, Cyberteq​

                     

About Cyberteq
Cyberteq Pte. Ltd. is an innovative Information and Communication Technology Consulting Company, established since 1997. In the era of digitalization, Cyberteq® enables its customers to take full advantage of the latest digital technologies and networks in a secure manner. Reaching local and international customers from Singapore, and it's subsidiaries in Dubai, Cairo, Warsaw and Accra.

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