July 23, 2020
Bpifrance to deploy €4.2bn in the first stage of Mubadala-backed “LAC 1” fund
Following the Memorandum of Understanding (MoU) signed by the two parties in February 2020, the investment by Mubadala was completed at the first closing of the fund on 26th May 2020. With a current investment capacity close to 4.2 billion euros this fund invests in French listed multinationals.
July 23, 2020
UAE vehicle refuelling service CAFU removes delivery charges
As the community navigates the challenges of the current global health crisis, CAFU adopts a free-delivery model and extends its support to UAE residents, who can now avail of contactless refuelling at the same price as a petrol station, at no extra cost and without having to physically wait in line at one.
July 23, 2020
Fortinet acquires SASE cloud provider OPAQ Networks
The Fortinet SASE platform delivers the broadest security and SD-WAN and networking offerings that can all be delivered to customers and partners through a flexible, cost efficient and patented zero-trust cloud architecture.
July 23, 2020
Huge spike in cybercrimes with manufacturing on the front line
Emilian Papadopoulos, President of Good Harbor Security, stressed that the crisis had hit companies hard and imposed financial constraints that meant investments in cybersecurity are not necessarily a top priority. The attackers are still coming at us. They didn't stay at home and stop working. And the coronavirus has just taught us that Black Swan events happen.
July 22, 2020
UAE creates history with successful launch of Emirates Mars Mission
The journey is expected to last seven months, traveling a distance of 493 million km, before entering the Martian orbit in February 2021, coinciding with UAE's Golden Jubilee celebrations.
The Hope Probe successfully lifted off at 01:58 am UAE time, after the countdown for the last 10 seconds was done in Arabic.