Thursday 28 May 2015
 
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Afren snags $255m in debt funding, swings to full-year loss

Beleaguered oil producer Afren said it had secured $255 million from its bondholders and was in talks for a wider recapitalisation plan to be completed by the end of July. Afren took nearly $2 billion in impairment charges and wri

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HID to showcase customer-centric access control solutions

HID Global, a leader in secure identity solutions, is set to demonstrate the power to connect people, devices and applications with its broad Genuine HID portfolio of interoperable and future-proof secure solutions at an event in Dubai, UAE.

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Visa unveils digital solutions for secure payments


Visa, the global leader in payments, has unveiled the Visa Digital Solutions, a suite of offerings that facilitate secure payments across a broad range of Internet-connected devices and wearables. Commerce initiated with mobile phones a

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GPIC bags key ISO quality certification

Bahrain-based Gulf Petrochemical Industries Company (GPIC) has secured the ISO 17025:2005 quality standard certification.   The certification relates to general requirements for efficiency testing laboratories, c

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Bahrain 'must be vigilant to ensure border security'

Bahrain must remain ever vigilant in the ongoing fight to keep its borders secure and air travel safe.   That was the message at the opening of the second Joint Conference on Enhancing Air Cargo Security and Faci

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Cyber criminals target small businesses

Most cyber attacks target small businesses which run their web servers from inside their own networks, without much awareness about how to secure them properly. Insecure servers of small business are a prime target, said a stateme

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AUB launches 3D secure services

Ahli United Bank (AUB) has partnered with Arab Financial Services, the electronic payment processing provider in the region, to launch 3D Secure Services for the bank’s cardholders in Bahrain. 3D Secure is a free and automat

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Etihad Cargo launches new secure service

  The UAE-based Etihad Cargo has unveiled a new and highly secure valuable goods service called Safeguard.   The UAE flag carrier’s new service is designed to support the requirements of globa

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Gulf investors 'flocking back to Dubai'

More and more GCC nationals are investing in the UAE property market, mainly Dubai, thus replacing the European and the US buyers as its residential sales market turns more secure and transparent, according to a report. The UAE and especia

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Oasis500 secures $1m Turkish funding

Oasis500, a premier early stage and seed investment company in the region, said it has secured a $1 million investment from Turkey-based Timar Ventures to fund the fast-growth and investment-ready early stage companies. Announcing this at

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