The Arab Spring turned life in the region upside down, but didn’t affect the business of leading anti-virus software company Kaspersky Lab.
The co-founder of the company Eugeniy Kaspersky told RT: “Surprisingly our business in the Middle East isn’t affected too much. We are still growing in the Middle East and we have partners. Of course there is a pressure from the situation in the region, but it doesn’t affect our financial results, or our business development too much”.He goes on to say: “Of, course there are some problems. We have an international team in our office in Dubai; they are from different countries in the Middle East. When there is an unstable situation in some countries, I feel nervous about our employees from these countries, because their homes are not safe”. Kaspersky Lab became a leading computer security developer in the UAE in 2010 as its overall market share reached 37 per cent by value and 38 per cent by volume, according to an IDC report. 2010 revenue from the Middle East grew 35% and reached $131 million. During the same period Kaspersky Lab earned $534 million and showed 38% growth.