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    Palo Alto Networks Uncovers New Source of Cyberthreats Targeting Businesses in the Middle East

    Palo Alto Networks Uncovers New Source of Cyberthreats Targeting Businesses in the Middle EastJuly 22, 2014

    Palo Alto Networks® (NYSE: PANW), the leader in enterprise security, today revealed that cyber criminals in Nigeria have evolved common malware campaigns to infiltrate businesses in the Middle East that have not previously been their primary targets.

    419 Evolution, a new report released today from Unit 42, the Palo Alto Networks threat intelligence team, explains how Nigeria-based scammers are now using the same tools more sophisticated criminal and espionage groups often deploy to steal business-critical data from enterprises worldwide, including the Middle East.


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    UAE leads Mena region in 2014 Global Innovation IndexJuly 22, 2014

    UAE ranks first among countries in the Mena region in The Global Innovation Index 2014, which has been released today (Monday, July 21).

    This year, the country also moves up two places (to number 36) in the annual global ranking, which covers 143 economies. Co-published by Cornell University, INSEAD and the World Intellectual Property Organisation, this year’s index focuses on the human factor in innovation and measures countries’ performances across sub-indices, such as input – which covers the national economy’s efforts in enabling innovative"...

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    Etihad Etisalat Co announces interim financial results for period ending on 30-06-2014 (Six Months)

    The revenues of the first six months totaled SR12,227m, compared to SR11,553m for the same period of last year, with an increase of 6%.The gross profit of the second quarter totaled SR3,088m compared to SR2,975m for the same period of last year, with an increase of 4%. The gross profit margin of the second quarter has increased to 52% compared to 50% for the same period of last year. This increase comes as a result of the improved revenue mix. EBITDA margin for the second quarter registered 35% compared to 39% for the same period of last year, and 36% compared to the previous quarter. The net profit for the second quarter is SR1,312m, compared to SR1,611m for the same period of last year, with a decrease of 19%, and compared"...

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    Sheffield Holdings Limited announces over 80% of construction for Marina 101 Project completed

    Sheffield Holdings Limited, a leading developer in the UAE, has announced that over eighty percent of their Marina 101 project has been completed. The tower, which stands at 425 meters, is poised to be the tallest tower in Dubai Marina and the second tallest tower in the UAE. As construction accelerates towards completion, the expected handover of the Hotel is anticipated to be in early 2015. Following the approvals and the certification of its completion, handover of the hotel apartments and residential units will begin accordingly.

    Most of the tower has already been"...

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    Broadcast Systems Arabia eyes Mena expansion

    Firm realises good business potential in countries hit by popular Arab Spring

    Broadcast Systems Arabia, or BSA, sees bright outlook for electronic industry and plans to expand its network across the Middle East and North Africa (Mena) in days to come, its top official says.

    The UAE-based company, which is specialised in all aspects of production and broadcast and known for its services in conflict regions within Mena such as Libya and Syria, realises good business potential in countries hit by popular Arab spring and"...

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    Sharjah Tourism hosts Suhoor banquet for hotel industry representatives

    HE Khalid Jasim Al Midfa, Director General, Sharjah Commerce and Tourism Development Authority has reaffirmed his commitment to working with the hotel industry, which has been witnessing strong growth with increasing number of tourists, at a Suhoor banquet hosted at Al Majaz Waterfront for the hotel industry representatives, SCTDA staff and members of media.

    Al Midfa said that it was events like these that gave the Authority an opportunity to strengthen relations with industry partners and encourage community spirit between the management and staff of the Authority"...

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