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20% jump in ransomware globally, 109% spike in United States 24% drop in malware attacks worldwide 7% of phishing attacks capitalized on COVID-19 pandemic 176% increase in malicious Microsoft Office file types 23% of malware attacks leveraged non-standards ports 50% rise of IoT malware attacks Report analyzes threat intelligence data gathered from 1.1 million sensors in over 215 countries and territories MILPITAS, CALIFORNIA – Media OutReach – 27 July […]

Pandemic in Europe and the U.S. Impacts Sales; Turnover Decreases Y-o-Y by 10.7% to Over HK$3.1 Billion   Results Highlights (For the six months ended 30 June 2020) Turnover 1H 2020 (HK$’000) 1H 2019 (HK$’000) Change (%)   Audio products (1) 2,085,945 2,502,579 -16.6% Headphones 397,491 421,474 -5.7% Video Products (2) 87,440 137,077 -36.2% Wireless Products (3) 85,409 – – IoT Related Products (4) 69,854 77,677 -10.1% […]

Company furthers commitment to financial services with addition of financial industry pioneer   HONG KONG, CHINA – Media OutReach – 23 July 2020 – Symphony, the leading provider of secure collaboration for global markets, today announced the appointment of financial industry pioneer Brad Levy, as President and Chief Commercial Officer. Levy’s appointment comes at a pivotal point in the Company’s momentum as customer demand for secure and compliant collaboration integrated […]

HONG KONG, CHINA – Media OutReach – 3 July 2020 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884) is pleased to announce that in June 2020, the Group achieved the contracted sales of RMB25.13 billion, representing a YoY increase of approximately 12% (compared to June 2019). Contracted GFA amounted to approximately 1,555,600 sq.m.. Contracted ASP was approximately RMB16,200/sq.m. in June 2020.   For […]

Repeated immunisation with PD01A is safe and well-tolerated over an extended time period Active immunisation with PD01A resulted in a substantial aSyn-specific antibody response and memory effect This antibody response was associated with a substantial reduction in CSF oligomeric aSyn protein Results represent long-term data from a first-in-human study series using specific active immunotherapy (SAIT) AFFITOPE® PD01A   VIENNA, AUSTRIA – EQS Newswire – June 22, 2020 […]

TAIPEI, TAIWAN – Media OutReach – 21 June 2020 – Three NGOs were named joint winners of the 2020 Tang Prize in Rule of Law, “for their efforts in furthering the rule of law and its institutions through education and advocacy. Utilizing innovative strategic litigation, informed by rigorous scholarship, these organizations have shown exemplary perseverance in promoting greater individual, social and environmental justice, in milieus where the foundations of the […]

Public Services Company Serco Middle East has appointed Wallace Weatherill as its new Managing Director, a role in which he will spearhead the operations of the largest automated transport system in the region the Dubai Metro as well as the Dubai Tram in collaboration with the Roads and Transport Authority (RTA). Serco Middle East operates and maintains the Dubai Metro and operates the Dubai Tram on behalf […]

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– Asian Investors To Reap Returns on 2 Exits   SINGAPORE – Media OutReach – 17 June 2020 – The Walton Group of Companies (“Walton”) continues to implement its strategy of accelerating exit activity for the benefit of its investors, and investors are now seeing the results. Walton’s strategy allows a homebuilder to acquire land in phases with the bulk of land payments deferred to the timing of home […]

By James M. Dorsey Europe is progressively being sucked into the Middle East and North Africa’s myriad conflicts. As if wars on its doorstep in Libya and Syria were not enough, UAE support for an Eastern Mediterranean pipeline that could hurt Qatar economically — combined with Greek, Cypriot and French opposition to Turkish moves — leaves Europe with few, if any, options but to get involved. Europe’s […]

Presumptive Democratic nominee Joe Biden is enjoying a boon in the presidential race, soaring in national opinion polls to new heights and overtaking Donald Trump in political betting markets. A shifting political landscape that is proving to be a subject of great interest with the punditocracy and handicappers, keen to serve up predictions for what lies ahead for the ‘land of the free and the home of […]

The complimentary online event aims to bring together the local seller community and empower them to develop strategies and skills to expand their businesses and reach more customers locally and globally   SINGAPORE – Media OutReach – June 11, 2020 – (NASDAQ:AMZN) – Amazon will be hosting its first summit for small and medium businesses (SMBs) in Singapore, Amazon Singapore Online Seller Summit 2020, on June 19, 2020, 9am […]

Residential Sale & Purchase Agreements in May rose to 5,984, the highest level in the past year Prices at representative estates are down by around 0.5%-10.8% year-to-date With 19 major deals, the property investment market has not rebounded yet in Q2 as buyers and vendors remain on the sidelines amid the continuous uncertainties.  HONG KONG, CHINA – Media OutReach – 9 June 2020 – As the local coronavirus outbreak gradually […]

Arabian Post Staff While the new low oil prices will test Saudi fiscal balances, they have the lowest cost barrels and with low debt can pull on sovereign reserves and take the pain, according to Chris Midgley, head of global analytics, S&P Global Platts. Crude fell sharply on Friday to test $45/bbl on the back of the failed talks and we now expect if to fall sharply as […]

Arabian Post Staff The spread of coronavirus continues to deepen the severity of the blow to global fuels demand. Energy consultancy Rystad Energy now expects more than half of global oil demand growth to be lost in 2020. As global stocks increase by the day, the ongoing OPEC+ meeting is unlikely to result in cuts sufficient enough to balance the market, under all of our scenarios. The […]

The Value Added Tax (VAT) Recovery Self-Service Kiosks for Tourists will be set up at major shopping malls and hotels, in addition to the existing ones at air, land, and maritime entry and exit ports across the UAE,  the Federal Tax Authority (FTA) announced. The expansion aims to provide additional services to tourists, enhancing the UAE’s status as a leading destination on the international tourism map. Planet […]

Arabian Post Staff Investment Corporation of Dubai, an investment arm of Dubai Government, reported a 4.4 percent increase in net profits reaching Dh10.5 billion despite a 7.7 percent decline in revenues to Dh106.3 billion in the six month period ended 30 June 2019. Investment Corporation of Dubai (ICD) portfolio companies comprises of 44 business organisations include Emirates Group and Emirates Airline, Emirates NBD. The decline in revenues, […]

By Arabian Post Staff Emirates placed a firm order for 50 A350-900 XWB aircraft worth US$16 billion (Dh58.7 billion) at list prices at the Dubai Airshow 2019. Powered by Rolls-Royce Trent XWB engines, delivery of the first Emirates A350 XWB is expected in May 2023, and will continue until 2028. Sheikh Ahmed bin Saeed Al Maktoum, Emirates Chairman and Chief Executive, signed the deal with Guillaume Faury, […]

By Saifur Rahman Dubai: Emirates Group, which includes Emirates Airline and its ground handling and ticketing arm Dnata, reported an 8 percent growth in profits to Dh1.2 billion (US$320 million), despite a 2 percent decline in group revenues to Dh53.3 billion (US$14.5 billion) for the first six months of 2019-2020 financial year, starting April 1, 2019, compared to Dh54.4 billion (US$14.8 billion), during the same period last year, due to unfavourable […]

Saudi Arabia’s energy-sector manufacturing – industrial activities that are principally related to the energy value-chain – are set for robust growth in the coming decade, not only adding to the Kingdom’s exports but also promoting job creation among highly-skilled Saudis and strengthening the Small and Medium Enterprises (SME) sector, reports the findings of the first-of-its-kind study on the Saudi industrial and energy manufacturing landscape by GE. Unveiled […]

It’s the largest and most popular music festival in the world, so it’s no surprise that every single available ticket for Glastonbury Festival 2020 sold out instantly. Tickets were placed on general sale on the morning of Sunday, 6th October. They were all done within a matter of hours. During that time, websites crashed, phone lines became engaged, and millions of music fans took to the internet […]

(Source: https://pixabay.com/photos/sperium-cum-sperm-winner-first-2505954/) Over the years, we have emphasized the importance of fertility treatment and checkup for women while turning a blind eye on male issues. Infertility in UAE is an issue of concern with half of the cases has to do with male infertility. What is alarming is that male infertility is on the rise in UAE compared to other nations. Experts believe that obesity, stress, and […]

By Arabian Post Staff The return of Qatari and Saudi Arabian issuers to the market and high levels of liquidity in Indonesia as well as Turkey’s efforts to tap all available financing sources have boosted issuance of sukuk 17.6% in the first five months of 2019. Foreign currency issuances also increased 15.6% during the period, explained primarily by Turkey’s issuances but also issuances by Qatari banks and […]

By Matein Khalid Thanks to the orchestrated bullishness of a dozen Wall Street sell side analysts and the mother of all short covering rallies, Uber has managed to claw back its losses from 38 to its IPO offer price of $45 though the latest management disaster and sacking of Dara’s handpicked COO and marketing lady wunderkind will slam the shares tonight. Uber has also benefited from a […]

/By Matein Khalid/ Uber Technologies goes public in the most controversial and global tech IPO since Facebook seven years ago. Uber bulls claim that the ride sharing colossus is another embryonic Amazon, a firm that will dominate the digital constellation of the next two decades. I disagree. Uber loses $4 billion per annum and has already been forced to surrender Russia/CIS to Yandex, China to Didi and […]

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