Several listed subsidiaries of the Adani empire, which spans coal, airports, cement and media, collapsed in early trade, with some losing as much as 20%
business1 day ago
EDGE, one of the world’s leading advanced technology and defence groups, has announced its acquisition of OryxLabs, a prominent cybersecurity company based in Abu Dhabi. OryxLabs is providing tailored cybersecurity solutions to safeguard its clients from emerging cyber threats.
With a strong focus on advanced research, engineering, and innovation, the company has been entrusted with addressing cybersecurity challenges at scale while delivering exceptional services to its clients. The acquisition gives EDGE the opportunity to expand its portfolio and provides it with advanced solutions to solve critical pain points in cybersecurity, both locally and internationally.
Mansour AlMulla, managing director and CEO of EDGE, said: “EDGE Group’s rapid growth and increasing emphasis on creating sovereign capabilities necessitates pursuing opportunities that enhance our capabilities and expand our offerings. Adding OryxLabs into the Group is a logical step, enabling us to elevate our portfolio of advanced technology solutions. OryxLabs’ proven track record and its ability to deliver on advanced solutions will provide tangible benefits to EDGE, our clients, and strategic partners. Together, we are well-positioned to navigate the evolving landscape of cybersecurity and offer unparalleled cybersecurity solutions.”
Established in 2020, OryxLabs’ strategy focuses on high scalability, rapid innovation, and engineering prowess to address complex cybersecurity issues. The company specialises in crafting modular solutions to cater for the needs of its clients. By leveraging its extensive expertise in Data Science, AI, Security research, and Big Data, OryxLabs has assembled an exceptional team of software developers who can effectively tackle complex cybersecurity challenges with precision and innovation.
Several listed subsidiaries of the Adani empire, which spans coal, airports, cement and media, collapsed in early trade, with some losing as much as 20%
business1 day ago
Authorities said the Adani Group chairman and seven other defendants agreed to pay the bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years
business1 day ago
Company strengthening regional presence and service offering
business2 days ago
Sinochem may keep three refineries in China's Shandong province
business2 days ago
Memorandum of understanding aims to enhance cooperation in the construction sector
business3 days ago
Serenia Living’s architecture and interiors have been led by Palma’s expert team
business3 days ago
Company’s backward integration model reaps dividends
business3 days ago
Participating companies announce several cooperation achievements
business3 days ago