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In "BUSINESS"
May 02, 2019
Lloyds bank cautions on Brexit as profits climb
May 01, 2019
Saudi Arabia's economic strength ‘Very High’
May 01, 2019
Huawei showcases AI-enabled portfolio
May 01, 2019
GESALO set to host 3rd startup competition
May 01, 2019
Machine learning, AI to revolutionize way in doing business
May 01, 2019
Machine learning, AI to revolutionize way in doing business
DUBAI — Aramex, a leading global provider of comprehensive logistics and transportation solutions, today announces its financial results for first quarter ended March 31, 2019.
Aramex’s Q1 2019 Revenues grew by 4% to AED1,234 million, compared to AED1,190 million in Q1 2018. Revenues would have grown by 8% excluding the impact from currency fluctuations, mainly in the Libyan Dinar, South African Rand and Australian Dollar; and the company’s strategic restructuring of its domestic operations in India.
Net profit for the quarter rose by 4% to reach AED108 million, compared to AED103 million in Q1 2018. Net profit was negatively impacted by the amount of AED10.6 million due to the implementation of IFRS16 and currency fluctuations. However, Aramex’s strategic restructuring of...
May 01, 2019
Aramex net profit rises 4% in Q1 2019
JEDDAH — The cyber-weapons used by Middle Eastern cyberespionage group, MuddyWater, reveal multiple ‘false flag’ attempts to point the finger of attribution at Chinese, Russian, Turkish and Saudi Arabian threat actors and confuse security researchers and the authorities, according to an in-depth analysis of the cyber-arsenal by Kaspersky Lab.
MuddyWater is an advanced threat actor that first surfaced in 2017. In October 2018, Kaspersky Lab reported on a major operation by MuddyWater, targeting governmental and telecom targets entities in Saudi Arabia, Iraq, Jordan, Lebanon and Turkey as well as neighboring countries like Azerbaijan, Afghanistan and Pakistan. The malicious tools and infrastructure uncovered during this investigation show how the threat actor tried to confuse and...
May 01, 2019
MuddyWater’s attempts to disguise itself derailed
May 01, 2019
Vantage AMR launched
May 01, 2019
Saudi Arabia credit rating A1 with stable outlook
