Day: September 13, 2021

DUBAI, Dubai Aerospace Enterprise (DAE) Ltd, the global aviation services company, today announced that it has received an ESG Risk Rating score of 14.1 which was assessed by Sustainalytics to be ‘Low Risk’ category.

This follows the publication in June 2021 of DAE’s inaugural Environmental, Social, and Governance Report, which can be accessed here or on DAE’s website.

Commenting on the publication of the ESG Risk Rating, Firoz Tarapore, Chief Executive Officer of DAE, stated, “Our ESG Risk Rating is the lowest of any company in our industry, and it demonstrates the effort that our team has put in over the past 18 months to strengthen our ESG risk management and framework. DAE is pleased to be recognized by Sustainalytics for our efforts, and we look forward to continuing to engage with our stakeholders on ESG issues.”

Sustainalytics’ ESG Risk Ratings measure a company’s exposure to industry-specific material ESG risks and how well a company is managing those risks. This multi-dimensional way of measuring ESG risk combines the concepts of management and exposure to arrive at an assessment of ESG risk, i.e. a total unmanaged ESG risk score or the ESG Risk Rating, that is comparable across all industries. Sustainalytics’ ESG Risk Ratings provide a quantitative measure of unmanaged ESG risk and distinguish between five levels of risk: Negligible, Low, Medium, High and Severe.

Source: Emirates News Agency

ABU DHABI, At an awards ceremony held at Etisalat’s Al Kifaf building in Dubai, Masood M. Sharif Mahmood, CEO, Etisalat UAE Operations, received the award in the presence of Etisalat Group’s CEO Hatem Dowidar, key Etisalat management executives, and representatives from the technology department.

The ranking is based on analysis by Ookla of millions of tests actively initiated by customers across every network to check internet speeds using various applications on web and mobile platforms. The Speedtest Awards for top network providers are determined using a ‘Speed Score ’ that incorporates a measure of each provider’s network speeds (download and upload) to rank network speed performance.

With an average download speed of 193.88 mbps and an overall ranking in the ‘Speed Score’ at 153.05, Etisalat is the only operator globally to rank higher than 150 as per Ookla Speedtest data. Etisalat is the winner of the Speedtest Awards for both fastest mobile network globally and fastest fixed broadband network in GCC during Q1-Q2 in 2021.

Doug Suttles, CEO and co-founder of Ookla, said: “Speedtest Awards , presented by Ookla, are reserved for an elite delegation of network operators that have delivered exceptional internet performance and coverage within a market.

“It is our pleasure to present Etisalat with the awards for World’s Fastest Mobile Network, as well as Fastest Fixed Network in the GCC region. This recognition is testament to their exceptional performance in Q1-Q2 based on Ookla’s rigorous analysis of consumer-initiated tests taken with Speedtest.”

Etisalat’s individual efforts in building one of the most advanced networks have greatly impacted the country’s overall performance. As a result, the UAE was ranked the fastest country in the world in January-June 2021 for average mobile download speed, as reported on the Speedtest Global Index .

Masood M. Sharif Mahmood, CEO, Etisalat UAE, said: “This global recognition is an acknowledgement of the strong determination and sincere efforts of our leadership in building a country that has grown in all sectors, pushing it to the digital forefront to become the fastest nation in the world. We pride ourselves to be part of this inspiring journey, celebrating 50 years of staggering growth and building the nation to be a global player and leave a mark in history.”

“The continuous support of the UAE government with several incentives and a supportive environment and working in line with Etisalat’s strategy to ‘Drive the digital future to empower societies’ enabled it to consistently push boundaries to create the world’s best and leading networks across our markets and deliver long-term value to all our stakeholders, accomplishing our goals of driving digital innovation for a better future.”

Source: Emirates News Agency

DUBAI, The Mohammed bin Rashid Al Maktoum Humanitarian and Charity Establishment sent four planes loaded with 60 tonnes of food aid to Kabul to provide for the basic needs of the Afghan people.

Ibrahim Bumalha, Dubai Ruler’s Advisor for Humanitarian and Cultural Affairs and Chairman of the Board of Trustees of the Establishment, said sending planes with humanitarian aid is part of the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and crowns the ongoing coordination between the establishment and Dubai’s aviation sector.

He added that the planes transported 60 tonnes of basic food supplies, noting the Afghan people are suffering from food scarcity.

Several Afghan officials expressed their appreciation to the UAE for its humanitarian efforts and aid to the Afghan people.

The establishment has launched many humanitarian and charity projects in Afghanistan, including the construction of a village for disabled people with 200 houses, four mosques, two schools, a shopping centre, a clinic and a professional training centre, in addition to the Zayed Orphanage in Kandahar, which was approved as a secondary school that runs seven classes, organises carpentry workshops for orphans, and comprises housing for students, facilities and a mosque. The establishment also built several artesian wells in the area.

Source: Emirates News Agency

DUBAI, Under the patronage of the UAE Cybersecurity Council, the Cyber Security & Innovation Series (CSIS) is hosting over 200 attendees in a hybrid online and in person event taking place from 13th to 16th September online. The series will conclude its sessions with an award giving and networking majlis event at Grand Hyatt on 16th September.

CSIS is organised by Market Solutions Events Management, a leading events organiser lead by the Emirati architect and entrepreneur Madiha Salem.

Dr. Mohamed Al Kuwaiti, Head of Cybersecurity, UAE Government, commented, “A public-private partnership will be critical to build collaboration among private, public and government entities so as to establish a globally trusted digital oasis in the UAE.”

The event is gathering C-Suite Cyber and IT executives, change makers and business leaders, to gain insights from a wide array of speakers during the 30 interactive engaging session. The speakers will discuss different perspectives highlighting innovations in the area of cyber security. The conversations will also focus on the pre, during, and post cyberattacks procedures, and building, scaling, bettering mature infrastructures in the ever-evolving cyber universe. The event will conclude with the award show and 5 majlis ceremonies to celebrate best achivers in the field.

Ussama Dahabiyeh, CEO of Injazat, said, “As a company that is progressing towards becoming a national technology champion, we are proud to be participating in the Cyber Security & Innovation Series as a lead partner, sharing our expertise and key insights with industry innovators and decision makers.

In today’s data-driven world, where advancements in technology amounts to wider security breaches; Injazat has been constantly adapting its capabilities to combat today’s sophisticated threats. The need to engage in impactful dialogue and forge meaningful partnerships has never been more imperative to build plausible cyber resilience in the region and we welcome the opportunities that the CSIS event create for us to exchange knowledge, while also offering a platform to showcase our abilities in designing and developing digitally advanced communities.”

CSIS will host cyber and IT executives from the most targeted industries in engaging, thought provoking, closed-door, and most importantly, niche platforms for executives to speak and hear the language that they are familiar with, with audiences that are dealing with the same risks and environments, and solutions that are specifically designed to help them secure their infrastructures.

Mamdoh Al Zahrani, Banking Sector Cyber Security Head, Saudi Arabia – BFSI Stream, said, “Building digital walls will not enforce trust, trust comes only from anticipating risks and managing its impact. ‘Cyber Security’ is the guardian angel of contemporary digital risks.”

Dr. Jassim Haji, President of the Artificial Intelligence Society in Bahrain’s Government and Public Sector, commented, “A self-learning, AI-based cybersecurity management system is increasingly necessary for businesses to effectively protect your network against threats and this is will be discussed during the conference.”

BFSI Chairman Majed M. Al Shodari, Chief Cyber Security Officer, Salama Cooperative Insurance, said, “The Cybersecurity become an essential platform for all type of businesses with no exception. However, its become more important in the age of innovation and business’s turnaround intuitive to lead and be a valuable player on the Board Members Table.”

Murali Sagar Palani, CTO, National Energy Centre, Energy and Utilities, said, “I am expecting the panelists to share their experiences and future risks in this event.”

He added, “This event is very important as the penetration of the IT has increased globally more than expected due to Pandemic. I am excited to join this event as most of the panelists are highly experienced and in right positions to define and execute the Cyber security policies.”

CSIS will also discuss ransom, accessing sensitive data, and dissect the nature of attacks as they are increasingly requiring more proactive, robust, resilient, adaptive, and smart measures in place.

Source: Emirates News Agency