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2,623.47 -0.62%
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ADIB
4.64
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4.42
Aldar Properties
1.89
Chronicle, Siemens join forces to provide industrial monitoring and detection for energy industry - Dotemirates

Chronicle, Siemens join forces to provide industrial monitoring and detection for energy industry

Siemens and Chronicle, an Alphabet company, today announced a new partnership to protect the energy industry’s critical infrastructure from increasingly sophisticated and malicious industrial cyber threats at Spotlight on Innovation, Siemens flagship U.S. technology and innovation conference. Through a unified approach that will leverage Chronicle’s Backstory platform and Siemens’ strength in industrial cyber security, the combined offering gives energy customers unparalleled visibility across information technology (IT) and operational technology (OT) to provide operational insights and confidentially act on threats. The energy industry has historically been unable to centrally apply analytics to process data streams, cost-effectively store and secure data, and...


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19/06/2019

Microsoft's Middle East data centres in Abu Dhabi, Dubai now online

Microsoft on Wednesday officially announced the online operations of its much-anticipated cloud data centres in the UAE, as it pushes further in its quest to make digital transformation more available to businesses.  Dubbed 'cloud regions', the centres are the first for the US tech giant in the Middle East and are pegged to support organisations' adoption of the tech-rich Fourth Industrial Revolution. Omar bin Sultan Al Olama, UAE Minister of State for Artificial Intelligence, graced the event and gave a keynote. "We call this tech intensity," Sayed Hashish, regional general manager of Microsoft Gulf, said in his speech at the...

IndiaMart's Rs 475-cr IPO to open on June 24; price band fixed at 970–973 per share

New Delhi: IndiaMart InterMesh, an online marketplace for business products and services, Wednesday said it will launch its initial public offering from June 24 and has fixed a price band of Rs 970–973 per share. The initial public offering (IPO) is of up to 48,87,862 equity shares, according to a statement by the company. Promoters Dinesh Chandra Agarwal and Brijesh Kumar Agrawal will sell 14,30,109 shares through the issue, while investors Intel Capital (Mauritius), Amadeus IV DPF and Accion Frontier Inclusion Mauritius will offload 33,20,753 shares and 1,37,000 equity shares by other selling shareholders, it added. At the upper end...
19/06/2019

DTI reveals 'Bangkota' theme for Expo 2020 Dubai

The Philippines' Department of Trade and Industry (DTI) hosted a sneak preview of the country's participation in Expo 2020 Dubai. The DTI revealed "Bangkota", the ancient Tagalog word for coral reef, as the theme of the Philippines' participation at the Expo in October 2020 to April 2021. The theme highlights not only the country's natural resources but the similarities between the coral reef and Filipinos: both grow into colonies that thrive throughout the world. Expo 2020 Dubai is the latest edition of the World Expo that started in London in 1851. Dubai's 428-hectare expo will feature 190 country pavilions to...

Petrol, diesel vehicles to make way for electric cars post 2030?

Carmakers in India are gearing up to launch electric cars. Hyundai will soon join Mahindra in offering an electric car to buyers. Maruti Suzuki and Tata plan to sell affordable EVs in 2020. Hyundai and MG will launch long-range EVs in 2019. The big question is: will we have the infrastructure to support an all-EV market by 2030? Niti Aayog, the Indian government think-tank when it comes to making policies, has proposed that only electric vehicles should be sold after 2030. The proposal is in line with what Nitin Gadkari, the current transport minister, had suggested back in 2017. A...
19/06/2019

FAB to relinquish Qatar Financial Centre licence and close Qatar operations

ABU DHABI, 19th June, 2019 (WAM) -- First Abu Dhabi Bank, FAB, has notified the Qatar Financial Centre Regulatory Authority, QFCRA, that it will relinquish its Qatar Financial Centre, QFC, branch licence and permanently close its QFC branch. According to a statement issued by FAB, the decision to close its QFC branch follows "many months of baseless actions by the QFCRA that have made it impossible for FAB’s operations to continue in Qatar." The QFCRA alleges FAB conducted transactions intended to manipulate the Qatari riyal. "These allegations are entirely false and FAB unequivocally denies them. FAB conducts its business in...

KTM launches RC 125 ABS model at Rs 1.47 lakh

New Delhi: Austrian bike maker KTM on Wednesday launched its all-new RC 125 ABS model at an introductory price of Rs 1.47 lakh. The company, which is a part of Bajaj Auto, said bookings for the bike commenced from Wednesday at 470 exclusive KTM showrooms in the country and deliveries will start by the end of the month. Powered by a 124.7 cc engine, the all-new RC 125 gives biking enthusiasts an entry into KTM's world of supersport motorcycling, Bajaj Auto said in a statement. "KTM motorcycles are built to a purpose of winning performance and handling. It is no...