Tasleeh Holding to Showcase Cutting-Edge Defense Innovations at IDEX 2025 - Middle East Business News and Information
'At Tasleeh Holding, we are dedicated to shaping the future of defense and security through groundbreaking innovation. IDEX 2025 provides an exceptional platform to unveil our latest advancements in tactical training, security, and smart storage solutions,' said Mr. Salem Al Matrooshi, Founder and CEO of Tasleeh Holding.
Reinforcing its commitment to advanced defense technology, Tasleeh Holding will showcase tactical solutions in collaboration with globally renowned companies MILO Live RMA and SWS Inntech SDN BHD.
MILO Live RMA from USA, a global leader in interactive simulation training and shooting range technologies, will showcase the PULSAR™ Target Retrieval System, a fully wireless solution enabling dynamic target movements for realistic training, along with the MILO Theater 180, a three-screen immersive simulation system designed for scenario-based tactical exercises with multi-directional engagement.
Meanwhile, SWS Inntech SDN BHD will highlight its next-generation smart weapon storage solutions, including the SWS MPS 30 Multi Pistol Storage, featuring RFID tracking, biometric authentication, and real-time monitoring; the SWS EMS Electronic Multi Storage, a high-capacity system offering real-time inventory control and enhanced security; and the IRON Guard Series, smart lockers equipped with biometric authentication and IoT-enabled security for superior asset protection.
'Our collaborations with MILO Live RMA and SWS Inntech underscore our dedication to equipping defense forces with state-of-the-art technology that enhances operational efficiency and safety. We look forward to showcasing these pioneering solutions and strengthening partnerships that drive the industry forward,' concluded Mr. Al Matrooshi.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mid East Info
5 hours ago
- Mid East Info
The magical comeback: Kaspersky and BI.ZONE report new PipeMagic activity in the GCC and Latin America
Kaspersky's Global Research and Analysis Team GReAT in collaboration with Vulnerability Research experts, observed new 2025 activity associated with the PipeMagic backdoor originally discovered in December 2022. The backdoor has expanded its attack geography: initially observed in Asia, and afterwards detected in Saudi Arabia in late 2024. Recent attacks show sustained interest in Saudi organizations, alongside expansion into new regions, notably manufacturing companies in Brazil. The researchers tracked the malware's evolution, identified key changes in the operators' tactics, and conducted a technical analysis of Microsoft vulnerability CVE-2025-29824. This vulnerability was the only one among the 121 patched in April 2025 that was actively exploited in the wild. It was specifically targeted by an exploit integrated into the PipeMagic infection chain. The vulnerability allowed privilege escalation in the operating system due to a flaw in the logging driver. One of the 2025 campaign attacks leveraged a Microsoft Help Index File, which serves two purposes: decrypting and executing shellcode. The shellcode is encrypted using the RC4 stream cipher with a hexadecimal key. Once decrypted, the code is executed via the WinAPI EnumDisplayMonitors function, allowing dynamic resolution of system API addresses through process injection. Researchers also identified updated versions of the PipeMagic loader masquerading as a ChatGPT client. This application resembles the one used in the 2024 attacks on Saudi organizations — sharing the same Tokio and Tauri frameworks, the same libaes library version, and demonstrating similar file structures and behavior. 'The reemergence of PipeMagic confirms that this malware remains active and continues to evolve. The 2024 versions introduced enhancements that improve persistence within victims' infrastructures and facilitate lateral movement within targeted networks, ' comments Leonid Bezvershenko, senior security researcher at Kaspersky GReAT. 'In recent years, has become an increasingly popular target for cybercriminals, particularly financially motivated actors. They are leveraging zero-day vulnerabilities in this and other drivers to escalate privileges and conceal post-exploitation activities. To mitigate such threats, we recommend using EDR tools, which enable both early and post-exploitation detection of suspicious behavior, ' notes Pavel Blinnikov, Vulnerability Research Lead, PipeMagic is a backdoor first discovered by Kaspersky in 2022 during an investigation into a malicious campaign involving RansomExx. Victims at the time included industrial companies in Southeast Asia. The attackers exploited the CVE-2017-0144 vulnerability to gain access to internal infrastructure. The backdoor supports two operational modes — functioning either as a full-featured remote access tool or as a network proxy, enabling execution of a wide range of commands. In October 2024, a new iteration of PipeMagic was observed in attacks against organizations in Saudi Arabia, using a fake ChatGPT agent application as a lure. About Kaspersky: Kaspersky is a global cybersecurity and digital privacy company founded in 1997. With over a billion devices protected to date from emerging cyberthreats and targeted attacks, Kaspersky's deep threat intelligence and security expertise is constantly transforming into innovative solutions and services to protect individuals, businesses, critical infrastructure and governments around the globe. The company's comprehensive security portfolio includes leading digital life protection for personal devices, specialized security products and services for companies, as well as Cyber Immune solutions to fight sophisticated and evolving digital threats. We help millions of individuals and nearly 200,000 corporate clients protect what matters most to them. Learn more at . About is an expert in digital risks management that helps organizations develop their businesses safely in cyberspace. We design innovative solutions that ensure the resilience of IT infrastructures of all sizes. Our business portfolio also includes a wide range of cybersecurity services: from incident investigation and threat monitoring to secure strategy building and outsourcing of specialized functions. Since 2016, has implemented more than 1,200 projects in finance, telecommunications, energy, aviation, and many other industries, delivering effective protection to over 500 clients in 15 countries. Website:
Mid East Info
5 hours ago
- Mid East Info
Big-ticket events set the stage for tourism growth in the Middle East - Middle East Business News and Information
The event and exhibition market in the GCC is expected to be valued at US$827 million by 2029 According to the ATM Travel Trends report, 50% of industry experts consider leisure events as a key opportunity for the region's tourism growth Experts speaking at ATM 2025 discussed how global sports tournaments, cultural festivals and music events across the region are boosting tourism and economic growth Dubai, United Arab Emirates, August 2025: 'Big-ticket' events are playing a pivotal role in driving international tourism and accelerating economic growth, according to experts speaking recently at Arabian Travel Market (ATM) 2025. In the GCC alone, the event and exhibition market is expected to reach US$827 million by 2029, growing at a CAGR of 3.94%. Following the global success of mega-events such as the FIFA World Cup Qatar 2022 and Expo 2020 Dubai, momentum is building across the region as Saudi Arabia prepares to host the 2034 World Cup. Discussing the evolution and impact of these events, panellists including H.E. Khalid Jassim Al Midfa, Chairman, Sharjah Commerce and Tourism Development Authority; Sebastien Doussin, Senior Vice President – Global Travel Services & Destination Management. Dnata and Noor Ahmad Hamid, CEO, Pacific Asia Travel Association (PATA), shared fascinating insights at ATM 2025, where the events industry was under the spotlight. The panel addressed how big-ticket events – so-called for their high value, cost and impact – have demonstrated their ability to attract millions of international visitors, boost hotel occupancy, stimulate infrastructure growth and generate long-term brand positioning for host destinations. Highlighting the importance of understanding the long-term strategic value of big-ticket events beyond immediate sales, H.E. Khalid Jassim Al Midfa commented: 'Big-ticket events provide a destination with an opportunity to establish brand positioning and exposure in a competitive global environment. These events play a vital role in supporting broader government objectives, but it is essential to invest in the right product for your destination.' Doussin reaffirmed the importance of large-scale events in destination positioning, referencing the growth of the Abu Dhabi Grand Prix, the surge of international golfing tournaments throughout the UAE and the launch of NBA events in the capital. Commenting on the impact of technology on events, Doussin said: 'Technology has already changed big-ticket events, especially in terms of distribution and customer experience. All of the ticketing for the FIFA World Cup in Qatar was completely digital through the official event app, offering flexibility and ease of use. Ultimately, technology enables an event to become more seamless, easier and enjoyable.' Meanwhile, Hamid urged the industry to broaden the definition of big-ticket events to include exhibitions, conferences and cultural performances. He referenced Bangkok's weekly concerts, which are mainly K-pop driven, as examples of how live entertainment extends tourist stays. Supporting the panel's observations, the ATM Travel Trends report highlights the rising appeal of live entertainment and sports in influencing travel decisions. Leisure events were outlined as the top opportunity for tourism growth among 50% of industry experts, as consumer demand for in-person and cultural experiences has increased significantly in recent years. The trend of combining traditional leisure and business travel, or 'bleisure', has also accelerated as increased remote working and flexible working visas have enabled more people to live and work overseas. Building on this, business travellers are often extending their stays in destinations, creating a new opportunity in this rapidly expanding sector. The report also highlighted that business events (MICE) are emerging as a significant driver of tourism growth across the Middle East, complementing the region's thriving leisure sector. Global business travel reached a record US$1.4 trillion in 2024 and is projected to rise to US$2 trillion by 2030. The Middle East is well-positioned to capture a growing share of this lucrative market, increasing from approximately 2.5% in 2024 to over 3% by the end of the decade, supported by world-class infrastructure, a strategic location, and an expanding schedule of high-profile events. Danielle Curtis, Exhibition Director ME, Arabian Travel Market , concluded: 'As big-ticket events continue to gain global prominence, their role in shaping the future of tourism, driving economic diversification and enhancing international reputation has never been more evident. The Middle East, with its strategic vision, world-class infrastructure and focus on innovation, is well-positioned to lead the next era of global event tourism.' Building on the success of its inaugural edition, IBTM@ATM will return to ATM 2026, which takes place at the Dubai World Trade Centre from 4-7 May 2026, with a dedicated zone within Hall 3, highlighting the show's strategic focus on the global business events sector. Designed to facilitate high-value connections, the zone allows business event suppliers to showcase, promote their destinations and services, and engage with pre-qualified international event planners, Professional Conference Organisers (PCOs), and associations through an exclusive hosted buyer programme. This specialised area will once again host the IBTM Stage, providing a comprehensive conference programme tailored to industry professionals, encouraging knowledge exchange and thought leadership. IBTM@ATM 2026 is set to be a vibrant hub for innovation, collaboration, and business growth in the global events industry. Now in its 33 rd year, Arabian Travel Market (ATM) is the leading global platform driving growth and innovation across every sector of travel and tourism. Held annually in Dubai – the gateway to global travel and tourism with its unmatched connectivity – ATM is where the energy of opportunity comes to life. More than just an event, ATM is a dynamic hub for industry communities, with forums, experiences, and networking that continue well beyond the show floor over the week. Now in a period of rapid expansion, ATM has grown 16% year on year, attracting over 55,000 travel professionals from 166 countries. About RX: RX is a global leader in events and exhibitions, leveraging industry expertise, data, and technology to build businesses for individuals, communities, and organisations. With a presence in 25 countries across 42 industry sectors, RX hosts approximately 350 events annually. RX is committed to creating an inclusive work environment for all our people. RX empowers businesses to thrive by leveraging data-driven insights and digital solutions. RX is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. About RELX: RELX is a global provider of information-based analytics and decision tools for professional and business customers. RELX serves customers in more than 180 countries and has offices in about 40 countries. It employs more than 36,000 people over 40% of whom are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York stock exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX. *Note: Current market capitalisation can be found at World Travel Market (WTM) portfolio comprises leading travel events and online portals across four continents. The events are: WTM London is the world's most influential travel & tourism event for the global travel community. The show is the ultimate destination for those seeking a macro view of the travel industry and a deeper understanding of the forces shaping it. WTM London is where influential travel leaders, buyers and high-profile travel companies gather to exchange ideas, drive innovation, and accelerate business outcomes. WTM Latin America takes place annually in the city of São Paulo and attracts around 20,000 tourism professionals during the three-day event. The event offers qualified content together with networking and business opportunities. In this its ninth edition – there have been eight face-to-face events along with a 100% virtual one, which was held in 2021 – WTM Latin America continued to focus on effective business generation, and achieved the advance booking of six thousand meetings that were held between buyers, travel agents and exhibitors in 2022. WTM Africa launched in 2014 in Cape Town, South Africa. In 2022, WTM Africa facilitated more than 7 thousand unique pre-scheduled appointments, an increase of more than 7% compared to 2019 and welcomed more than 6 thousand visitors (unaudited), the same number as in 2019. About ATW Connect: Africa Travel Week's digital arm, is a virtual hub packed to the seams with interesting content, industry news and insights, and the opportunity to hear from experts on a variety of topics in our new monthly webinar series. All with the aim to keep all of us in the travel and tourism industry connected. ATW Connect focuses on inbound and outbound markets for general leisure tourism, luxury travel and the MICE/business travel sector as well as travel technology. WTM Global Hub, is the WTM Portfolio online portal created to connect and support travel industry professionals around the world. The resource hub offers the latest guidance and knowledge to help exhibitors, buyers and others in the travel industry face the challenges of the global coronavirus pandemic. WTM Portfolio is tapping into its global network of experts to create content for the hub.
Mid East Info
2 days ago
- Mid East Info
Fortinet Reports $1.63 Billion Revenue in Q2 2025 - Middle East Business News and Information
Highlights: Q2 revenue up 14% to $1.63 billion Annual billings grew 15% to $1.78 billion SASE platform revenue jumped 22% and cybersecurity operations up 35% GAAP operating margin reached 28%, non-GAAP margin at 33% Raised full-year 2025 billing outlook by $100 million Fortinet® Nasdaq: FTNT, a global cybersecurity leader driving the convergence of networking and security, today announced financial results for the second quarter ended June 30, 2025. reporting revenue of $1.63 billion, up 14% year-over-year. SASE Growth: The company's unified SASE platform achieved 22% growth in annual recurring revenue (ARR), while cybersecurity operations revenue increased 35% year-over-year. Billings grew 15% to reach $1.78 billion. GAAP operating margin stood at 28%, while non-GAAP operating margin reached 33%. The company also raised its full-year 2025 billing outlook by $100 million. Expanding Firewalls: Commenting on the results, Ken Xie, Founder, Chairman and Chief Executive Officer of Fortinet, said: 'Our strong second quarter performance and consistent track record of growth are a direct result of our continued innovation and customer-first strategy, enabling us to beat our billings guidance for the quarter and raise our full year billings outlook' He added that Fortinet is the industry leader in network security, with the most deployed firewalls worldwide, the New-Generation SASE Firewall, and recognized leadership in the 2025 Gartner® Magic Quadrant™ for SASE Platforms. He highlighted the company's AI-driven security approach, the advantage of the unified FortiOS operating system, and leadership across five separate Gartner® Magic Quadrant™ reports. Q3 Outlook: Fortinet expects for the third quarter of 2025 revenue in the range of $1.67 billion to $1.73 billion, with billings between $1.76 billion and $1.84 billion. The company anticipates a non-GAAP gross margin in the range of 80% to 81%, and a non-GAAP operating margin between 32.5% and 33.5%. Diluted non-GAAP earnings per share are expected to range between $0.62 and $0.64, based on a non-GAAP effective tax rate of 18% and a diluted share count of 772 to 776 million. Full-Year 2025 Outlook: For the full fiscal year 2025, Fortinet projects total revenue between $6.675 billion and $6.825 billion, with service revenue ranging from $4.55 billion to $4.65 billion. Total billings are expected to be between $7.325 billion and $7.475 billion. The company expects a non-GAAP gross margin in the range of 79% to 81%, with a non-GAAP operating margin of 32% to 33.5%. Diluted non-GAAP EPS is expected to be in the range of $2.47 to $2.53, based on a non-GAAP effective tax rate of 18% and a diluted share count of 773 to 777 million. Strategic Achievements: During the year, Fortinet was recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for SASE Platforms, ranking #1 in the Critical Capabilities for SASE Platforms report for the Secure Branch Network Modernization use case, and remaining the only vendor included in five different network security Magic Quadrant™ reports. The company expanded its FortiCloud platform with three new natively integrated services: FortiIdentity, FortiDrive, and FortiConnect. Fortinet was also recognized as the Overall Leader in the Westlands Advisory IT/OT Network Protection Platform Navigator 2025™ report for the third consecutive year, and named a Leader in the 2025 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure for the second year in a row. Customers reaffirmed their trust in Fortinet by recognizing the company as a Gartner Peer Insights™ Customers' Choice for SD-WAN for the sixth consecutive year and for Endpoint Protection for the third consecutive year. The company's innovation engine continues to accelerate, as Fortinet surpassed 1,400 issued patents worldwide, including over 500 AI-related patents, driven by strong investments in research and development.
