Cognizant hit by ‘Maze’ ransomware attack

Bengaluru: Cognizant Technology Solutions Corp on Saturday said it was hit by a “Maze” ransomware cyber attack, resulting in service disruptions for some of its clients. The information technology services provider said it was taking steps to contain the incident, with the help of cyber defense companies, and has also engaged with law enforcement authorities. […]

Abu Dhabi issues $7b multi-tranche bonds

Abu Dhabi:Emirate of Abu Dhabi on April 8, 2020 successfully priced a $7 billion multi-tranche international bond offering, the Abu Dhabi Department of Finance said in a statement. The transaction comprised of three tranches including a $2 billion 5-year tranche, a $2 billion 10-year tranche, and a $3 billion 30-year tranche. The offering is part […]

COVID-19 impact: Arabian Travel Market moved to 2021

Dubbai: Arabian Travel Market, the region’s premier travel event has been postponed to 2021, Reed Travel Exhibitions, the organisers said in a statement on Sunday. “In light of the changing global situation relating to the COVID-19 virus, we have continued to monitor the impact it is having not just on our industry, but on society […]