RAKtherm Further Increases Footprint in the Global Market

Dubai, United Arab Emirates, September 7, 2016-(ME NewsWire)- RAKtherm® the leading and internationally certified brand of innovative PPR and PEX piping systems, has devised its Solid Growth Plan to increase its international footprint in response to growing global market demand for piping technology solutions. The three-pronged plan comprises investment in capital expenditures, market dominance strategies, and product innovation which has resulted in a 34% increase in production capacity. This has ensured adequate global supply, strengthening of resources for wider market penetration and reinforced an already extensive distribution network in 35 countries worldwide.

Mr. Ali Hashim, Chairman of Hashim Group said, “Having established ourselves as market leaders in the global arena with a portfolio that boasts the world’s most versatile and comprehensive piping systems to provide the LUXURY of piping systems to WORLDWIDE, we have realigned our focus this year to leverage the potential of global markets. We are preserving and expanding our market territories by developing the latest MEP technology solutions to meet plumbing challenges.  Furthermore, in 2017 we will be launching a new range of piping systems developed by RAKtherm.

“Investments to the tune of $200 million in capital expenditures which we announced last year is for technology enhancement, equipment modernization, and for launching of the new innovative piping systems from RAKtherm”, added Mr. Hashim.

RAKtherm uses advanced German technology to manufacture and deliver the most modern high-performance piping systems with a service life of 50 years to support major MEP projects across GCC, North and South Africa, South and East Asia, and Europe. RAKtherm products are engineered and manufactured with high precision and are tested, conformed and certified by DVGW, CSTB, SKZ, HY, and TUV, affirming the highest level of efficiency, functionality and performance.

RAKtherm set a new industry standard with the launch of anti-UV fittings registered by the German Laboratory Institute and continues to be the only manufacturer with this product offering. With a strong focus on efficiency and functionality, RAKtherm launched a new and innovative range of fittings and accessories earlier this year and continues to focus on modernizing its product portfolio and advancing piping system standards in the MEP industry.

مجموعة تايم للفنادق تعلن افتتاح مطعم أوليريز رسمياً في دبي

• المطعم الجديد يضم 6 مناطق مختلفة تتسع لجلوس 250 شخص
• تصميم داخلي متفرد وموقع مميز على طريق الشيخ زايد

أعلنت مجموعة تايم لإدارة الفنادق والتي يوجد مقرها الرئيسي في دولة الإمارات العربية المتحدة، عن افتتاح مطعم "أوليريز" في دبي الذي يتسم بطابعه الرياضي الأمريكي، وذلك يوم الثلاثاء 20 سبتمبر 2016. ويتميز المطعم الجديد بموقعه المميز قبالة محطة المترو (نور بنك) على طريق الشيخ زايد، ويضم 6 مناطق مختلفة تتسع لجلوس 250 شخص، بما في ذلك التراس الخارجي ومنطقة خاصة لمحبي الشيشة.

ويعد هذا المطعم الثاني الذي يحمل علامة أوليريز في دولة الإمارات بعد افتتاح الفرع الأول في الفجيرة مول بداية العام الحالي، ويعد أولى المنتجات غير الفندقية التي تطلقها المجموعة ضمن محفظتها.

وبهذه المناسبة قال محمد عوض الله، الرئيس التنفيذي لمجموعة تايم لإدارة الفنادق: "سيساهم الطابع الرياضي لهذا المطعم في جذب الضيوف للقاء والتواصل، وإننا مسرورون للغاية بافتتاح مطعم أوليريز في دبي بعد النجاح الهائل الذي شهده في الفجيرة. ونتوقع أن يصبح وجهة شعبية في المدينة بفضل موقعه المميز على طريق الشيخ زايد".

وأضاف بالقول: "تمثل هذه الوجهة خياراً مناسباً لمختلف المناسبات وفي كافة الأوقات مع الزملاء والأصدقاء وأفراد العائلة ويتيح لهم إمكانية الاستمتاع بالأجواء الرياضية ومشاهدة أهم وأبرز البطولات والمنافسات والاستمتاع بالأطباق الشهية ذات الأسلوب الأمريكي. وقد تم تصميم المطعم خصيصاً ليناسب كافة الشرائح والأعمار بفضل مفهومها المتفرد".

ويمتد مطعم "أوليريز" على مساحة تبلغ 596 قدماً مربعاً، ويتيح لضيوفه قائمة طعام متنوعة تشمل أطباق البرجر الكلاسيكية، وأجنحة البوفالو، والكويساديلاس جبني، والأضلاع، والناتشوز، بالإضافة إلى مجموعة متنوعة من الحلويات والكوكتيلات والمشروبات غير الكحولية.

ويمكن لمحبي كرة القدم مشاهدة العديد من البطولات العالمية مثل بطولة دوري أبطال أوروبا من خلال شاشات رائعة بقياس 21 بوصة و55 بوصة بالإضافة إلى 3 شاشات كبيرة بقياس 60 بوصة. كما سيتم بث أهم فعاليات بطولات الغولف وسيارات الفورمولا ون وكرة المضرب والرغبي. وتوجد منطقة خاصة للعب تتضمن العديد من الألعاب المشهورة مثل الفوتسبول وغيرها الكثير. ويستوحي التصميم الداخلي لمطعم "أوليريز" طابعه من ألوان الفرق الرياضية في بوسطن الأمريكية، وتتزين الجدران بمجموعة كبيرة من التذكارات الرياضية الرائعة.

وتتواجد علامة "أوليريز" في العديد من أبرز المناطق ومراكز التسوق ووجهات السفر المعروفة في جميع أنحاء العالم، ولديها في الوقت الحالي 120 فرعاً في عشرة دول في كافة أنحاء آسيا وأوروبا والشرق الأوسط. ويوجد الفرع الثاني لمطعم "أوليريز" في دولة الإمارات العربية المتحدة في الفجيرة مول وتبلغ مساحته الإجمالية 275 متراً مربعاً تتصل مع المنطقة الخاصة بسباقات الكارتينج وألعاب الليزر والتي تمتد على مساحة 2240 متر مربع. وهناك أيضاً فرع آخر في مطار أبو ظبي الدولي.

وتعود فكرة تأسيس مطاعم أوليريز إلى السويدي جوناس رينهولدسون الذي كان يعمل في أحد المطاعم في بوسطن في منتصف ثمانينات القرن الماضي، وأعجب بأجواء مطاعم المدينة التي توفر أجواءً ممتعة لمشاهدة المباريات الرياضية خلال تناول الطعام وتقديم مستويات مميزة من الخدمة، وقرر نقل هذا المفهوم إلى السويد وإطلاق أول مطاعم أوليريز في مدينة غوتنبرغ في عام 1988.

OLIVER WYMAN RELEASES 2017 DIGITAL PREDICTIONS TO COINCIDE WITH TEN DIGITAL IDEAS REPORT

Dubai, United Arab Emirates, September 8, 2016 – Oliver Wyman today released its Ten Digital Ideas Report which explores how leaders across all industries can capitalize on digital innovations.

“Harnessing the potential of digital innovations is one of the greatest management challenges of our time. Discovering new digital ways to improve a business requires not only staying on top of developments within the same industry, but also in other industries and geographies,” said Paul Beswick, Global Co-Head of Oliver Wyman’s Digital Practice.

“Our Ten Digital Ideas Report shows which companies are getting digital right and how,” added Christoph Knoess, Global Co-Head of Oliver Wyman’s Digital Practice.

In conjunction with the report, Oliver Wyman released the following 2017 digital predictions:

• Financial Services: One trillion dollars of revenues and costs are up for grabs in modularizing financial services.  Additionally, banks can save as much as $150 billion that they spend on IT/operations for capital markets by implementing blockchain innovations.  

• Sharing Economy: The world’s sharing economy will expand nearly 12 times, to reach $300 billion by 2025 as more businesses – both on a retail and wholesale level -- take a page from the playbooks of sharing platforms such has Airbnb, Lyft, and Uber.

• Manufacturing/Auto: Manufacturers can improve their margins by $1.4 trillion by digitizing the processes that manage how a new idea is brought to production through sales to delivery and factory maintenance. Digital technologies could enable auto makers to save $100 million per new car launch by integrating design and data more closely with production.

• Logistics: Apps are about to revolutionize freight shipping as much as they have other areas of the transportation industry. Smart trucking apps will provide an all-in-one solution for freight shippers and carriers replacing fragmented and time-consuming legacy processes.

• Healthcare: Up to $530 billion in annual health spending could be eliminated if consumers embrace a digital healthcare model similar to the online retail platforms that they have become accustomed to such as Amazon.

• Big data: The drone market will surge to nearly $7 billion by 2020 globally as drones become a new big source for data analytics.

• Cyber Security: Only a third of companies are sufficiently prepared to prevent a worse case scenario cyber-attack.

• Digital and Emotional Technologies: Digital companies that ignore the importance of emotional connections for consumers risk being viewed as fleeting utilities

according to a survey of 3,500 consumers conducted by Oliver Wyman’s creative consultancy, Lippincott. Functional customer benefits aren’t enough. Emotional bonds matter.  

The articles in the Ten Digital Ideas are:  

• Move at Clock Speed: Companies Need to Behave like Digital Disruptors
• Beware of Digital Buzz: What it Takes for Complex Innovations like Blockchain to Work
• Share or Shrivel: No Business is Safe from the Sharing Economy
• Become Digitally Lean:  German Manufacturing is Leading a Digital Industrial Revolution
• Be Modular: A Lesson for Financial Services
• Prepare for the New Drone Data Wave: Drone-based Big Data will Change the Rules of Competition  
• Don’t Just Digitize, Humanize
• Stay Ahead of Smarter Apps: Make Way for Uber-Trucking
• Learn from Online Retailers: Paging Dr. Amazon
• Go to Cyber Extremes: What to do When Digitalization Goes Wrong  

About the 10 Digital Ideas

Ten Digital Ideas is a collection of recent perspectives from across Oliver Wyman on one of the greatest challenges facing executives – harnessing the potential of digital innovations. Ten Digital Ideas explores how leaders in industries ranging across financial services, manufacturing, transportation, healthcare, retail, and logistics are capitalizing on digital innovations.

• The full details of the report can be downloaded here: Ten Digital Ideas
• Journalists can download the latest reports from Oliver Wyman’s Middle East practice here.

FCW ends participation at Cityscape Global 2016 with new business deals and high footfall

UAE, September 08, 2016 - Falconcity of Wonders LLC, the developer of Falconcity of Wonders (FCW) the multipurpose mega project currently being built in Dubai, has successfully concluded its participation at Cityscape Global 2016 at the Dubai World Trade Centre, with new business deals, fruitful meetings with potential investors, and a large number of visitors to its stand during the three-day event.

High-profile personalities led by H.H. Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, visited the FCW stand to learn more about the progress of the much talked about property development. FCW attracted high footfall during the course of the exhibition.    

Numerous prospective investors also met with FCW executives to express their interest in establishing their presence in the large-scale development. The possibility of leasing space in a supermarket and building a nursery facility were touched on as well. FCW said it will announce the details of these talks at later stages.

H.E. Almoosa said: “Like in the previous years, we are happy with the outcome of our attendance at this year’s Cityscape Global in Dubai. We welcomed an impressive number of visitors, most of whom were investors, who showed strong interest in our project, its layout and features. Shaped like a falcon to symbolize the UAE’s heritage, FCW also embraces various cultures from around the world – a celebration of thousands of people of different nationalities who now consider the country as their second home. We look forward to offering more excellent real estate investment opportunities to our investors from around the world.”

"فالكن سيتي" تختتم مشاركتها الناجحة في "سيتي سكيب جلوبال 2016" وفي جعبتها جملة من العقود والاتفاقيات الاستراتيجية

الإمارات العربية المتّحدة، 08 سبتمبر 2016 - اختتمت "فالكن سيتي أوف وندرز"، الشركة الرائدة في مجال التطوير العقاري، مؤخّراً مشاركتها الفاعلة في معرض "سيتي سكيب جلوبال 2016" في مركز دبي التجاري العالمي، والتي تكلّلت بإبرامها عدد من الصفقات التجارية الاستراتيجية وتوطيد العلاقات المثمرة مع المستثمرين المحتملين، وسط إقبال واسع من الزوّار على مدار الأيام الثلاثة للحدث.

وكان في مقدّمة الزوّار صاحب السمو الشيخ محمد بن راشد آل مكتوم، نائب رئيس الدولة رئيس مجلس الوزراء حاكم دبي ، والذي زار منصة الشركة للاطّلاع على آخر التطوّرات الإنشائية في المشروع الضخم "فالكن سيتي أوف وندرز". وتميّزت المشاركة في دورة العام من المعرض بالإقبال الكبير والاستجابة الواسعة التي حظيت بها منصة الشركة من قبل الزوّار طيلة فترة الحدث.

كما جرى الاجتماع مع نخبة من المستثمرين المحتملين الذين أبدوا رغبتهم بالاستثمار في مشروع "فالكن سيتي أوف وندرز"، حيث تمحورت النقاشات بشكل أساسي حول استئجار مساحات لبناء سوبرماركت وحضانة للأطفال؛ على أن يتم الإعلان عن كامل التفاصيل ذات الصلة في مراحل لاحقة.

وفي معرض تعليقه على ختام المشاركة في الحدث، قال سعادة الموسى: "نحن سعداء بالنتائج المبهرة التي أثمرت عن مشاركتنا الفاعلة في فعاليات هذا العام من معرض "سيتي سكيب جلوبال" في دبي، بما يستكمل سلسلة النجاحات المشرّفة التي حقّقتها الشركة خلال الدورات السابقة أيضاً. ولقد شهدت المنصة هذا العام إقبالاً لافتاً من الزوّار، وتحديداً المستثمرين الذين أكّدوا عزمهم على الاستثمار في مشروعنا الأوّل من نوعه في المنطقة، فهو يتّخذ شكل الصقر الذي يمثّل الرمز الوطني والثقافي والتراثي لدولة الإمارات، وفي الوقت نفسه يجمع أهم حضارات العالم تحت سقف واحد للاحتفاء بالجنسيات المختلفة المقيمة على أراضي الإمارات والتي تعتبر الدولة بمثابة وطنها الثاني. ونحن نتطلّع قدماً لمواصلة تقديم الفرص الاستثمارية الممتازة للمستثمرين من مختلف بقاع العالم".

Mimecast Study: 45 Percent of Organizations Not Prepared for Malicious Insiders

New global research study reveals 90 percent of organizations cite malicious insiders as a major threat

Dubai, UAE – September 8, 2016 – Mimecast Limited (NASDAQ: MIME), a leading email and data security company, released new data* revealing that organizations globally believe they are their own worst enemy when it comes to cybersecurity, with 45 percent saying they are ill-equipped to cope with the threat of malicious insiders and twice as many, 90 percent, calling malicious insiders a major threat to the organizations’ security.

Mimecast initially found as part of its Business Email Threat Report: Email Security Uncovered that 65 percent of IT security decision makers globally feel their email security systems are inadequately equipped to handle cyber threats; and, this new data makes it clear that malicious insiders represent a major and growing source of this risk and anxiety over security preparedness.

By concentrating predominately on perimeter defense and outside threats, organizations around the world struggle with the risk that comes from their own people, emphasizing the need for organizations to implement employee awareness and education as well as creating a cyber resilience strategy that includes both technology- and human-based defenses. This is evident especially considering this study revealed that nearly half of the organizations polled felt exposed to malicious insider attacks.

Mimecast’s research also uncovered that:

• Over half (53 percent) of IT security decision makers view malicious insiders as a moderate or high threat to their organization.
• One in seven IT security decision makers view malicious insiders as their number one threat.
• Those who say they’re very equipped on cybersecurity feel virtually just as vulnerable to insider threats as those who believe they aren’t equipped at all (16 percent vs. 17 percent), indicating that the risk of malicious insiders trumps perceptions of security confidence.  

“Organizations of all sizes struggle with the risks that are posed by employees being targeted by adversaries to launch and execute attacks to gain access to data or funds,” said Brandon Bekker, managing director, Mimecast MEA. “Every day, we trust employees with sensitive information and powerful tools, but we don’t give them the effective security education and advanced cloud security solutions that goes hand-in-hand with those responsibilities. As a community we must work together to enact better business processes. This is in part why we launched the Cyber Resilience Coalition, bringing together leading security, data protection and business continuity vendors to help strengthen organizations’ total cyber resilience strategy.

“Another issue we can work together to control is rogue employees who use file-sharing or cloud storage services to steal valuable corporate data – also known as malicious insiders. IT managers have, for too long, not paid due attention to this threat. We must re-evaluate unrestricted access to these services and ensure that other protections are put in place quickly.”

Mimecast Tips for Safeguarding Against Malicious Insiders

1. Assign role-based permissions to administrators to better control access to key systems and limit the ability of a malicious insider to act.
2. Implement internal safeguards and data exfiltration control to detect and mitigate the risk of malicious insiders when they do strike, to cut off their ability to send confidential data outside the network.
3. Offer creative employee security training programs that deter potential malicious insiders in the first place and help others to spot the signs so they can report inappropriate activity to their managers. Then, back that up with effective processes to police and act swiftly in the event of an attack.
4. Nurture a culture of communication within teams to help employees watch out for each other and step in when someone seems like they’ve become disenchanted or are at risk of turning against the company.
5. Train your organization’s leadership to communicate with employees to ensure open communication and awareness.

*This data was extracted from a Mimecast survey of 600 IT security managers from organizations in the United States, United Kingdom, South Africa and Australia. The initial findings of that survey were released in February 2016.