Thousands of institutions around the world were subject to a series of "WannaCry" ransom attacks over the weekend (starting Friday, May 12), causing data to be encrypted with a claim for payment. The virus was a malicious program that affects smartphones and computers, encrypts and locks their data so that it cannot be accessed until payment is made.

Read more: Global “WannaCry” malware attack hits Telefónica, UK’s NHS and more

Zain Group has been named the region's 'Best Network Functions Virtualization and Software-Defined Networking (NFV/SDN) Solution Provider' with Zain Saudi Arabia also being singled out as having the 'Best IoT Application/Service', at the 5G MENA Awards ceremony held in Dubai, organized by Informa, a leading business intelligence, academic publishing, knowledge and events group.

Read more: Zain Group’s efforts in making technology virtualization a reality wins ‘Best NFV/SDN Solution...

The Communications Regulatory Authority (CRA) has conducted its first round of inspections for 2017 of shops selling telecommunications devices & equipment and issued a total of 159 written violation notices for shops practicing such activities without having the required license.

Read more: CRA serves notice of violation to 159 businesses selling telecommunications devices & equipment

Sparkle, the international service arm of TIM Group and among top 10 global operators, announces that Zajil, a Kuwaiti based leading Information and Communications Technology Service Provider in the Middle East & North Africa, has opened a new PoP in Sparkle's Sicily Hub in Palermo.

Read more: Zajil lands in Sparkle’s Sicily Hub in Palermo with a new PoP to expand its reach in Europe and...

MTN Group signed a non-binding preliminary agreement to invest approximately R540 million into Iranian Fixed Broadband Provider, Iranian Net, for a 49% stake, with further investments of approximately R3,4 billion in both equity and loans to facilitate Iranian Net, meeting its rollout targets over the next five years.

Read more: MTN Group signs non-binding preliminary agreement to invest in Iranian Net

Gulf Bridge International (GBI), a global cloud, connectivity and content enabler, announced the finalization of a significant loan refinancing deal that will allow the company to explore new business and investment opportunities and to further support its successful transformational journey. GBI sealed QAR1 billion (US$285 million) loan refinancing deal with a major financial house in Qatar and the Arabian Gulf.

Read more: GBI signs $285 million loan refinancing deal

Integrated Telecom Company (ITC), the leading Information and Communications Technology Company has signed an agreement with the Communications and Information Technology Commission (CITC) to implement the high-speed fiber optic broadband initiative.

Read more: ITC Signs Broadband Agreement Covering Kingdom Areas with Fiber Optic for a Budget of 3.5 Billion...

du has received prestigious recognition for its Cloud and Managed Security Services during two awards ceremonies this May. The telecommunications provider was recognized as the Best Managed Security Services provider in the Middle East by Fortinet, a global leader in high performance cyber security solutions. du was also awarded the Best Cloud Infrastructure Provider at the Cloud MENA Awards held recently.

Read more: du recognized as Best Cloud Infrastructure Provider and Best Managed Security Services Provider

du has entered into an agreement with Dubai Economy to educate consumers, brand owners and commercial agencies about consumer confidence and empowerment. The agreement was recently signed between Mohamed Ali Rashed Lootah, Chief Executive Officer of Commercial Compliance, Consumer Protection (CCCP) sector in Dubai Economy, and Ahmad Aburahima, Senior Vice President, Government Relations at du.

Read more: du supports Dubai Economy initiatives for awareness and protection of consumers and business...

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