Qatar First Investment Bank, Arab Petroleum Investments Corporation Bahrain, Dubai Gold and Commodities Exchange, Tadhamon International Islamic Bank, Noor Islamic Bank, Kuwait Petroleum Company and Qatar Telecom, are just a few of the financial …
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NSA code that can break into any Windows computer is released b yhacking collective that claims spy agency spie penetrated Mideast banking networks
The documents appear to show that the NSA compromised the Dubai office of the anti-money laundering and financial services firm EastNets. The company said Friday that the leaked documents were dated and denied that any customer data had been affected.
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US government 'hacked global bank system'
Swift was successfully targeted by hackers last year when criminals stole $81m from the Bangladeshi central bank. Swift is a network that allows … Headquartered in Dubai, EastNets has clients in Kuwait, Dubai, Bahrain, Jordan, Yemen and Qatar.
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Hacking Group Claims N.S.A. Infiltrated Mideast Banking System
Among the leaks on Friday were an extensive list of PowerPoint and Excel documents that, if authentic, indicate that the N.S.A. has successfully infiltrated EastNets, a company based in Dubai that helps to manage transactions in the international bank …
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NSA penetrated SWIFT banking network in Middle East: Hackers
EastNets is a Dubai-based firm that oversees payments in the global SWIFT … “They may have been used to target a global banking system. One collection of 15 exploits contains at least four Windows hacks that researches have already been able to …
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Dubai financial services bureau EastNets denies claims of hacking
enabling the thieves to order money transfers from the bank’s account at the New York Federal Reserve. “If you hack the service bureau, it means that you also have access to all of their clients, all of the banks,” said Matt Suiche, founder of the UAE …
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UAE Red Crescent to finance treatment of Yemeni war victims
DUBAI, April 15 (Xinhua) — The Emirates Red Crescent (ERC) said here on Saturday that it is sponsoring the treatment of 53 Yemenis injured from war at Indian hospitals, UAE state news agency WAM reported. The ERC, the government-controlled aid …
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UAE-Saudi trade reaches AED84 billion
Trade between the UAE and Saudi Arabia currently accounts for AED84 billion, while the total value of Emirati projects in Saudi Arabia is estimated at AED15 billion, according to Sultan bin Saeed Al Mansouri, Minister of Economy. Al Mansouri spoke to the …
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Latest “Shadow Brokers” Leak Reveals NSA Hacked Most Windows Platforms; SWIFT Banks
As Wired confirms, “the new leak includes evidence that the NSA hacked into EastNets, a Dubai-based firm that oversees payments … albeit most likely for silent espionage and supervision of global fund flows, rather than wholesale larceny.
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UAE is all set for VAT implementation starting next year
Meanwhile the UAE Ministry of Finance has put out some information on various aspects of VAT including its definition and who should be getting ready for the implementation at its website. (All information used in this report are from official sources.
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After years of financial repression, global macro presents new opportunities for hedge funds
After years of financial repression in the interest rates sphere global macro is presenting new opportunities, according to Nick Allsop, senior portfolio manager at Dubai based Dalma … 2017 could be a good year for hedge funds Dalma Capital’s global …
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Gold Update: Price in Dubai touches Dh143
Gold prices hit one-week highs on Tuesday, buoyed by a weaker dollar on tepid economic data from the United States, pushing up Dubai gold prices to Dh143 … a little more bullish about the outlook.” Hedge funds and money managers raised their net long …
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Qianhai is no match for Hong Kong, let alone Greenwich
The concept follows the American model of Greenwich in Connecticut, which was established as a hub for hedge funds and financial services firms … There is always the Dubai technique, however. Offer your target banker a sum of US$100 million to manage …
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Saudi bourse to start new settlement period, short-selling on April 23
DUBAI Saudi Arabia’s stock exchange said it would extend the … banks have refused to offer swaps for fear of jeopardizing their business within the kingdom, said regional hedge fund MENA Capital. The Saudi exchange’s decision to allow the practice …
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PRECIOUS-Gold edges lower on stronger dollar
The Dubai Gold and Commodities Exchange (DGCX … said its holdings fell 0.03 percent to 836.49 tonnes on Friday from 836.77 tonnes on Thursday. * Hedge funds and money managers upped their net long position in COMEX gold for the third straight week …
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Business News: Stone Ridge Reinsurance Assets Hit $5.5bn, Interval Fund Sees 23% Growth
Hundreds of Kashmiris toiled hard in Middle East’s coastal desert to become part of Dubai’s golden-glass growth story … trading strategies and conversations with financial advisors, hedge fund managers, CFAs and renowned value investors.
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Dubai Trading Volumes Jump
The region’s largest derivatives bourse, the Dubai Gold and Commodities Exchange (DGCX), saw … investors flock to regulated and transparent markets like DGCX to hedge against rapid price movements especially in global currency pairs.
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