DUBAI / WAM The National Computer Emergency Response Team (aeCERT) in the Telecommunications Regulatory Authority (TRA) responded to approximately 34,000 cyber-attacks, during April. The TRA’s monthly report on cybersecurity developments in the Federal Government of the UAE for April, noted that the cyber-attacks varied between malware (46 percent), vulnerabilities (47 percent) and phishing attacks (7 percent). The team also dealt ...

Dubai / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Minister of Finance and Governor of the Islamic Development Bank (IDB) for the United Arab Emirates, announced on Wednesday the launch of a new initiative to create a unified global legal and legislative framework for the Islamic finance sector. Launched by the UAE Ministry of Finance in partnership with the IDB, ...

Bloomberg India increased a special tax on gasoline and diesel as pressure builds on Prime Minister Narendra Modi’s government to bridge a ballooning budget deficit. Additional levies on gasoline were raised by 10 rupees ($0.13) a litre effective on Wednesday and that on diesel by 13 rupees, according to government statements. Pump prices will, however, not change, the government said. ...