July 23, 2017

Business confidence across the Middle East has fallen sharply in the last quarter and is now at its lowest level since the second quarter of 2016, according to the latest edition of the Global Economic Conditions Survey (GECS).

The region is also likely to face further challenges over the coming year, according to the quarterly survey of global CFOs and finance professionals, conducted by ACCA (the Association of Chartered Certified Accountants) and IMA (the Institute of Management Accountants).

“The"...

July 23, 2017

There should be one unified Arabic language academy, instead of the 12 academies currently existing in the Arab world, and its headquarters should be Makkah City, said Khalid Al Karaki, President of the Arabic Language Academy of Jordan, the institution that won the King Faisal International Prize 2017 for Arabic Language and Literature.

Al Karaki made this observation while delivering a lecture titled, ‘The Arabic Language Academy of Jordan’s experience in preserving the Arabic language’, organised by the General Secretariat of the King Faisal International Prize last month at the King Faisal"...

July 21, 2017

Worldwide IT spending is projected to total US$3.5 trillion in 2017, a 2.4 percent increase from 2016, according to an international report.

This growth rate is up from the previous quarter's forecast of 1.4 percent, due to the US currency decline against many foreign currencies, added the report, developed recently by Gartner, a leading research and advisory company.

'Digital business is having a profound effect on the way business is done and how it is supported,' said John David Lovelock, Vice President and analyst at Gartner.

'The"...

July 21, 2017

(ME NewsWire)-- ADTRAN®, Inc., (NASDAQ: ADTN), a leading provider of next-generation open networking solutions, today announced that Call Flow has chosen its XGS-PON solution to power the UK’s first generation of symmetric multi-Gigabit Fibre-to-the-Home (FTTH) services. The rapidly-growing ultrafast broadband operator has already built out up to 100Mbps FTTC-based services across Southern England and, to allow services to scale, has now selected ADTRAN’s next generation 10Gbps FTTH solution. This new architecture, fully compatible with Call Flow’s existing FTTH network, is set to bring about a step-change in symmetric multi-Gigabit access performance to differentiate it from other providers as it targets strategic expansion over the next 5–10 years. With new rapidly emerging application demands such as AR/VR, 4K media streaming and the cloudification of software applications, all driving increased demands for lower latency and higher data rates, service providers are urgently re-evaluating further investments in GPON as their standard of choice for new rollouts. ADTRAN is a pioneer in 10G PON solutions, providing the contributions that triggered the introduction of XGS-PON into the ITU standards. As the editor for this effort, ADTRAN drove industry consensus which resulted in the approval and adoption of the XGS-PON ITU standard. By supporting 10Gbps symmetric fixed wavelength PON over new......

July 20, 2017

(ME NewsWire)-- SECOND QUARTER HIGHLIGHTS

• Total and base orders grew 3%1; higher orders in all regions
• Revenues up 1%
• Operational EBITA margin2 12.4%, dampened this quarter by commodity prices and some overcapacity
• Net income $525 million
• Cash flow from operating activities $467 million reflects timing of short-term incentive payments
• Net working capital as a percentage of revenues 14.1%, reduced 90 bps on an annual basis
• Active portfolio management: B&R acquisition closed July 6, KEYMILE’s communication business to be acquired Q3

“In"...

July 20, 2017

(ME NewsWire)-- The 10th edition of the World Games 2017 will be distributed in Europe jointly by SES and ATM System, the official host broadcaster for the multi-sport event. The international event, taking place in Wroclaw, Poland, from 20 to 30 July 2017, will be transmitted via two SES satellites: SES-4 located at 22 degrees West and ASTRA 3B at 23.5 degrees East.

Under the agreement announced by SES (Euronext Paris:SESG) (LuxX:SESG), ATM System will be responsible for TV production and will use SES’s satellite capacity for distribution from the Wroclaw sports arenas to broadcasters across"...

July 20, 2017

(ME NewsWire)-- The GSMA provided further updates for the upcoming Mobile World Congress Americas, including several recently confirmed keynote speakers, new programs and events, and additional exhibitors and partners. Mobile World Congress Americas will take place September 12-14, 2017 at the Moscone Center in San Francisco.

“We have just under two months left to go before the mobile world congregates in San Francisco for our inaugural Mobile World Congress Americas,” said Michael O’Hara, Chief Marketing Officer, GSMA. “We have an amazing event lined up, from the conference"...

July 20, 2017

(ME NewsWire)-- PicsArt, the leading image editing app and creative social network, today announced the appointment of Natalia Vodianova, the supermodel and philanthropist, as Head of Aspiration. In this new role, Natalia will inspire and suggest opportunities to drive positive change through creativity. She has also joined the company’s advisory board. “We are thrilled to welcome a talent and role model like Natalia into our family,” said PicsArt CEO Hovhannes Avoyan. “Natalia has been deeply involved in bringing creative inspiration to the world through fashion and social commitment. She’ll help connect the fashion world and the brands and charities she works with to our creative community of 90 million monthly active users, for remixing and inspiration.” “I’m excited to be part of a community where social sharing finally meets real engagement. PicsArt users collectively contribute millions of images a day, in a true celebration of love and colors that goes well beyond scrolling and liking. I see in it the power to ignite concrete change and bring visibility to very important causes,” said Natalia Vodianova. “I’m joining......

July 20, 2017

(ME NewsWire)-- OT-Morpho, a world leader in digital security and identification technologies, today announced that its embedded secure element designed for the Internet of Things (IoT), IoThrive Tiny SE+, has obtained the highest level CSPN1 security certification. IoThrive Tiny SE+ is the first embedded secure element of its kind to receive this certification awarded by the French security agency ANSSI2. OT-Morpho developed the IoThrive Tiny SE+ to manage identities and secure data in any non-cellular network. In the rapidly evolving IoT market, product security validation and certification is critical, especially in an age where every device can now become a target for hackers. Being able to guarantee privacy and security in the Internet of Things will be key for the market success of connected objects. In contrast to other programs, CSPN certification covers not only the hardware, but also the software of the product. It confirms the security robustness of the whole IoThrive Tiny SE+ product. Jean-Yves Bernard, Security Manager at StarChip, a subsidiary of OT-Morpho, explained: “To achieve CSPN certification, all components of the solution were tested with means and methods that a hacker would use in the field. Passing these tests creates real confidence in our product’s ability to resist to any attack. This certification is yet another proof of our commitment to deliver products that can be fully trusted......

July 20, 2017

(ME NewsWire)-- IBC announces today the line-up of speakers for its exclusive event on Cyber Security, part of the new of the C-Tech Forum launched this year. The invitation-only event that will be held on Friday 15th September will allow businesses to gain the latest insights into the threat posed from cyber attacks, including the most common risks and how to mitigate them. Delegates will also learn how adopting a good cyber security policy can offer competitive advantages in the marketplace.

Key speakers include:

• Elaine Bucknor, Group Director, Strategy, Security & Governance –"...
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