Tag Archives: Featured

OPSWAT Acquires InQuest

OPSWAT Acquires InQuest, Strengthening Government Go-to-Market Strategy, Network Detection, and Threat Intelligence Capabilities

Acquisition enhances OPSWAT’s cybersecurity capabilities with advanced network analysis and threat intelligence with proven government market success

Dubai, UAE – August 08, 2024 OPSWAT, a global leader in critical infrastructure protection (CIP) cybersecurity solutions, has announced its acquisition of InQuest, a leading cybersecurity solutions provider known for its novel Deep File Inspection® and Retro Hunting™ technologies. InQuest is highly regarded for protecting the United States Department of Defense (DoD) customers with its network appliances that peer up to and beyond Layer 7, and combined with their threat intelligence solutions, have a proven track record of protecting the nation’s most critical networks.

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Here’s What’s Behind the Bold and Mysterious New Look of HUAWEI Pura 70 Series

Huawei’s latest flagship smartphone, the HUAWEI Pura 70 Series, is moving beyond the nature-inspired aesthetic that defined its P Series predecessors. Instead, the new Pura series draws inspiration from cities, people, technology. As a rebranded launch of its iconic P Series smartphones, the Pura 70 Series is a holistic upgrade of the P Series, bringing a new spirit and a new design language on top of unique innovations. This time, it’s way more than just another smartphone launch. It’s a full-on rebrand, Huawei’s audacious foray into the world of fashion tech.

Forward Symbol Design: A Unique Camera Module

The HUAWEI Pura 70 Series ditches the typical camera bump for a more daring Forward Symbol Design. And rather than being just another fancy looking camera module, it’s a core design element that reimagines the back of the phone with a form that follows function.It goes for a unique combination of lines that integrates seamlessly with the camera lenses.The Forward Symbol also represents a new family of Pura smartphones with a uniting design philosophy, leading a new aesthetic wave.By being a physicalextension of the phone’s body, it allows for a larger camera sensor and wider aperture, promising superior low-light performance. This design philosophy reaches its peak with the HUAWEI Pura 70 Ultra’s innovative pop-out camera.

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LSEG Middle East & Africa Investment Banking review for first half 2024

LSEG Middle East & Africa Investment Banking review for first half 2024

INVESTMENT BANKING FEES

  • An estimated US$724.5 million worth of investment banking fees were generated in the Middle East & North Africa during the first six months of 2024, 23% more than the value recorded a year ago and the third highest first half total in the region since our records began in 2000. 
  • Debt capital markets underwriting fees increased 81% to US$230.9 million, the highest first half debt capital markets fee total in the region since our records began in 2000.
  • Equity capital markets underwriting fees increased 62% year-on-year to US$206.7 million.
  • Advisory fees earned from completed M&A transactions totalled US$130.7 million, a 14% increase from previous year levels.
  • Syndicated lending fees declined 28% to a four-year low of US$156.4 million.
  • Forty-seven percent of all MENA fees were generated in Saudi Arabia in the first half of 2024, followed by the United Arab Emirates (36%).
  • HSBC earned the most investment banking fees in the region during the first half of 2024, a total of US$60.3 million or an 8.3% share of the total fee pool.
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stc Group signs strategic partnership with Nexthink

The partnership supports stc Group’s overarching digital transformation strategy, and its aim to be the employer of choice for top digital talent.

KSA – August 6 2024: stc Group, has signed a strategic partnership with Nexthink, a global leader in Digital Employee Experience management. This partnership will support  in implementing digital employee experience (DEX) management solutions to enhance stc Group service delivery and retain its position as a world-class digital leader.

stc Group is a global digital enabler, comprising 13 subsidiaries across the Middle East, North Africa and Europe. The Group has diversified its offer over the years and is now a provider of innovative digital products and solutions, encompassing digital infrastructure, cloud computing, cybersecurity, Internet of Things (IoT), digital payments, digital media, and digital entertainment.

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Presight shows strong revenue and profit growth inH1 2024 financial results

Presight reports H12024 results demonstrating year-on-year increase

in revenue and profitabilityunderpinned by

multi-year contracts, favorable deployment mix and AIQ contribution

Abu Dhabi, UAE 5August 2024– Presight AI Holding PLC (“Presight” or the “Company”), (ADX: PRESIGHT) today announced first half results for the six months to 30thJune 2024,with strong growth in year-on-year revenue and profitability,underpinned by multi-year contracts, positive deployment mix, and the contribution from AIQ.

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