Technology

Iraq offers US$30bn FDI opportunity, says Frost & Sullivan

Iraq is focusing on the oil and gas value chain, downstream value chain, minerals value chain and tourism and financial services to move the GDP growth rate by six per cent annually in the next eight years. (Image source: lachicaphoto/Flickr)

In line with Iraq?s ambitious aim to implement a stable macroeconomic framework in the country, the government seeks to unlock potential investment opportunities in both the oil and gas as well as non-oil sectors, said Frost & Sullivan, a global market research and analysis firm

Ooredoo adopts BICS? FraudGuard to combat telecoms fraud

The solution was deployed following a successful two-month trial and marks the latest expansion of the long-term partnership between BICS and Ooredoo Global Services. (Image source: Republica/ Pixabay)

BICS, international communications enabler, announced that Ooredoo Global Services, part of telecommunications services provider Ooredoo Group, is utilising its crowdsourced fraud prevention platform FraudGuard to block fraudulent telecoms activity targeting the latter?s international traffic

Bahrain FDI grows 114 per cent as reforms boost investment

Bahrain enjoys an open and attractive economic and regulatory environment for international companies looking for a gateway to GCC and Middle East markets. (Image source: )

Foreign direct investment (FDI) inflows to Bahrain grew 114 per cent in 2017, according to data released by the United Nations Conference on Trade and Development (UNCTAD), the fastest growth rate in the GCC

Cybersecurity is vital to financial institutions: Report

Banks in UAE are deploying multi factor authentication to confirm a person?s identity with the help of a smartphone, password and a facial scan. (image source: Christoph Scholz/ Flickr)

According to the 2018 report by IDG?s State of the CIO, cybersecurity is vital to the banking sector since around 36 per cent of CEOs worldwide believe it?s the top priority in their digital transformation

Hexagon launches asset management solution for industrial facilities

HxGN SDx leverages the data within the digital twin to provide value-based work processes covering the complete facility lifecycle. (Image source: Hexagon)

Hexagon AB, provider of digital solutions, has launched HxGN SDx?, a cloud-based asset lifecycle information management (ALIM) solution that optimises efficiency, improves decision-making, and ensures safety throughout the entire lifecycle of industrial facilities within the power, oil and gas industries