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Report warns of users caught in the middle of new cybercrime turf war   HONG KONG, CHINA – Media OutReach – 16 July 2020 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), the global leader in cloud security, today released new research warning consumers of a major new wave of attacks attempting to compromise their home routers for use in IoT botnets. The report urges users to take action to […]

HONG KONG, CHINA – Media OutReach – 13 July 2020 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), the global leader in cloud security, released survey results that show how remote workers address cybersecurity. Nearly three quarters (72%) of remote workers say they are more conscious of their organisation’s cybersecurity policies since lockdown began, but many are breaking the rules anyway due to limited understanding or resource constraints.   Trend […]

Latest analyst report finds Trend Micro holds three times the market share of number two player   HONG KONG, CHINA – Media OutReach – June 24, 2020 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), the global leader in cloud security, today announced it has been ranked #1 in 2019 market share for Hybrid Cloud Workload Security, according to IDC’s Worldwide Hybrid Cloud Workload Security Market Shares, 2019 (doc #US46398420, […]

New Platform Uses AI and Automation to Convert Data into Actionable Insights; Supports Business Continuity and Recovery to Address Rapidly Evolving Organizational Needs   HONG KONG, CHINA – Media OutReach – 18 June 2020 – Aruba, a Hewlett Packard Enterprise company (NYSE: HPE), today introduced Aruba ESP (Edge Services Platform), the industry’s first AI-powered, cloud-native platform that predicts and resolves problems at the network edge before they happen. Built on […]

Arabian Post Staff The Dubai Gold and Commodities Exchange (DGCX) announced that it has received a positive assessment from the European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, and is now listed as a third-country trading venue (TCTV) that meets the post-trade transparency requirements under MiFID II and MiFIR. The DGCX met all the criteria set out in the ESMA Opinion (determining TCTVs for […]

By Arabian Post Staff  ENOC Group has secured a five-year US$690 million term loan from a Chinese consortium of banks as China’s biggest financial institutions endorse the Group’s operational and financial health. The term loan will finance general corporate purposes as ENOC continues to fuel the local economy through its business divisions in exploration & production, supply & operations, terminals, fuel retail, aviation fuel and petroleum products […]

|By Arabian Post Staff| Abu Dhabi National Oil Company (ADNOC), Eni and OMV signed two new strategic equity partnerships covering both ADNOC Refining and a new trading joint venture, which will be jointly established by the three partners. In one of the largest ever refinery transactions, Eni and OMV will acquire 20% and 15% shares in ADNOC Refining respectively, with ADNOC owning the remaining 65%. The agreement […]

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SNC-Lavalin announced that it has been awarded an engineering, procurement and construction (EPC) contract by Central District Cooling Company, a subsidiary of Saudi Tabreed, for the expansion of its Jabal Omar Development Company (JODC) district cooling scheme in Makkah, Saudi Arabia.  Under the contract, SNC-Lavalin is responsible for the design, procurement, construction and commissioning of an additional cooling capacity of 12,000 Refrigeration Tons (RT) with all associated […]

This Jan. 14, 2015 satellite image provided by NASA shows the shattered remains of a colossal iceberg known as B-15 on the Ross Ice Shelf in Antarctica. A Dubai firm’s dream of towing icebergs from the Antarctic to the Arabian Peninsula could face some titanic obstacles. Where many see the crumbling polar ice caps as a distressing illustration of global warming, the company sees it as a […]

Dubai has secured $3 billion credit facilities for the expansion of its two airports. The Department of Finance for the Government of Dubai, the Investment Corporation of Dubai and Dubai Aviation City Corporation, advised by HSBC, announced the funding agreement and the establishment of Airport Financing Company FZE (FINCO), the long-term funding platform for Dubai Airports, according to news agency WAM. The financing will be used for […]

Back when I owned a Nokia Lumia 950 XL, I wanted to purchase a cool Mozo cover that replaced the default cover, but stock was extremely limited. Mozo sent along three black accessories for me to test out; the Surface Pro 3/4 Folio, iPhone 7 Plus back cover case, and 13 inch sneaker sleeve. Surface Pro 3/4 Folio The Surface Pro 3 and 4 are excellent, portable […]

Police have ruled out terrorists being behind twin bomb blasts in Manila that killed two people and injured six others. Blasts ripped through shops and pavement stalls on Saturday night in the historic Quiapo district near the Golden Mosque, a well known landmark in the city. A member of the Philippine National Police secures the area following two overnight explosions in Manila’s Quiapo district. Photo: AP Police said on Sunday […]

By Alastair Macdonald | BRUSSELS BRUSSELS European Union leaders will endorse a stiff set of divorce terms for Britain at a summit on Saturday, rejoicing in a rare show of unity in adversity, but well aware that may start to fray once negotiations begin. Meeting for the first time since British Prime Minister Theresa May formally triggered a two-year countdown to Brexit in late March, the 27 […]

Payment processing giant Vantiv announced that it is acquiring Paymetric, an electronic payments software firm focused on the B2B channel. Financial terms of the deal were not disclosed. Paymetric is used by enterprises to accept, process and integrate secure electronic payments within enterprise systems, including SAP, Oracle, Hybris and Salesforce. One of Paymetric’s hallmark features is its patented tokenization process, which secures customer payment data running through […]

Aluminium Bahrain, also known as Alba, has announced that it has secured commitments of about $700 million from Export Credit Agency (ECA) supported facilities to finance its Line 6 Expansion Project. Expected to start metal production in early 2019, Line 6 will boost the annual production by 540,000 metric tonnes upon its full ramp-up, the company said in a statement. It said the new line will bring […]

The pound was last worth $1.30 on September 30, a day when lawyers were lining up to derail Brexit in the courts, a resilient consumer was challenging economists’ dire post-referendum predictions and carmaker Nissan was demanding compensation for staying in the UK. Investors have become familiar with such Brexit unpredictability. Yet few of them could have guessed how sterling, tweeted by Nordea analyst Martin Enlund as “the […]

Gold ETFs or gold bars? Bars including one kilo gold bar at bullion dealers Goldcore, in London, U.K. (March 11, 2010). Photographer: Chris Ratcliffe/Bloomberg Considering the public’s waning trust in the banking system, many investors find themselves wondering how GLD stacks up to owning the real thing. When you look at both assets more closely, it’s clear that gold ETFs and gold bullion are very different investments. […]

Two-and-a-half years ago, Nathan Law took to the streets of Hong Kong with tens of thousands of fellow students, demanding Beijing give them the right to vote for the leader of their own city government. This Sunday Mr Law will have that opportunity — but not in the way he envisaged during the “Umbrella Revolution” protests. When he was voted on to the city’s Legislative Council in […]

Top executives from two of the world’s biggest investment banks have warned about the perils of Brexit, saying they have begun to firm up plans to uproot jobs from London ahead of Britain’s departure from the EU. Banks had been among the most vocal opponents of Brexit in the run-up to June’s referendum, donating millions of pounds to the Remain campaign and speaking openly about the thousands […]

Prices for bonds sold by the Netherlands and France fell on Thursday, reversing early gains as Dutch voters rejected rightwing populism and opted for the status quo in an election regarded as a litmus test for Europe’s political future. Dutch and French sovereign debt initially outperformed German Bunds as investors reacted to news that the anti-EU populist Geert Wilders’ PVV party had fallen short of expectations. However, […]

When Dorian Rogers hosted the first performance poetry night Rooftop Rhythms five years ago at Abu Dhabi’s Cafe Arabia, he expected a few dozen people to show up at best. Fast-forward to today, and Rogers is expecting up to 300 people to turn out for the 47th Rooftop Rhythms at NYU Abu Dhabi on Friday, marking the monthly night’s triumphant fifth anniversary. Drawing on diverse traditions – […]

Image: WayRay Augmented reality (AR) navigation startup WayRay has raised $18 million in a Series B round led by China’s Alibaba Group. The latest round brings the total amount raised by the Swiss startup to $30 million. WayRay, which develops holographic AR navigational solutions for connected cars, has also entered into a partnership deal with China’s Banma Technologies, an Alibaba and SAIC Motors-backed internet-connected car maker, to […]

There are efficiency gaps between the startup ecosystems in Singapore and Silicon Valley, which the former can address by introducing simpler and clearer investment terms. Doing so would, in turn, attract more mature startups to their fold and better set up founders for success, according to executives from muru-D’s Singapore outfit. The Telstra-owned accelerator had just completed its second batch of eight startups under the six-month programme, […]

The House of Lords has voted in support of a requirement for the government to bring the final terms of Britain’s exit from the EU before parliament for its approval, inflicting a second defeat on Theresa May’s Brexit strategy in the space of a week. With 634 peers voting — the largest number of peers to participate in a vote in the upper chamber on record, according […]

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