INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Subex, Spire Solutions partner to address cyberattacks in Middle East

    • The volume of inbound cyberattacks grew by 67 percent in the first 4 months of 2021 

    • Subex’s latest threat landscape report has found that segments such as oil and gas, manufacturing, and healthcare have been at the receiving end of cyberattacks 

    Subex and Spire Solutions, Middle East and Africa’s leading value-added distributor (VAD), have announced a strategic tie-up to address the steep rise in cyberattacks and associated cyber risks in the region.

    Subex’s latest threat landscape report has found that segments such as oil and gas, manufacturing, and healthcare have been at the receiving end of complex and persistent cyberattacks in the Middle East. The volume of inbound cyberattacks grew by 67 percent in the first 4 months of 2021 and continues to increase with each passing month.

    A major area of concern in the region is that some of the cyberattacks are targeting the health and safety mechanisms in industrial facilities leading to occupational safety risks to employees. 

    The collaboration between Subex and Spire will ensure that these businesses are protected at critical infrastructure level security with the most comprehensive stack of Internet of Things, Operational Technology, and converged environment (IoT-OT and Information Tech) protection solutions.

    Subex and Spire have also just been awarded a project by a major oil and gas entity in the Middle East to meet its cybersecurity, device discovery, and cyber risk assessment requirements. The said entity currently manages refinery, petrochemicals, and LNG import operations through one of the biggest petroleum complexes in the region.