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UAE, UK discuss ways to enhance bilateral relations

ABU DHABI / WAM Matar Salim Ali Al Dhaheri, Under-Secretary of the Ministry of Defence, on Tuesday received Lt General Sir John Lorimer, UK’s Defence Senior Adviser on the Middle East, and his accompanying delegation. Al Dhaheri welcomed Lt General Lorimer and praised the relations between the UAE and UK which he said are witnessing great development across various sectors. ...

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GCC cybersecurity sector to top $8 billion in 2018

DUBAI / Emirates Business From facial recognition and iris scans, to crypto currency, the UAE’s banking and finance security innovation is driving the GCC’s cybersecurity market to $8 billion in 2018, industry experts said. UAE banks are rapidly deploying multi-factor authentication to confirm a person’s identity, with several factors, such as a smartphone, a password, and a facial scan. The ...

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Petrofac secures orders worth $1.8 billion in H1

LONDON / WAM UAE-linked Petrofac, a leading international service provider to the oil and gas production and processing industry, has secured new orders worth $1.8 billion in the first half of 2018, according to an update released to the London Stock Exchange on Tuesday. “We are trading in line with expectations, delivering best-in-class project execution, continued momentum in new orders ...

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