Amazon Says Drone Strikes Damaged AWS Facilities in UAE and Bahrain

Amazon Says Drone Strikes Damaged AWS Facilities in UAE and Bahrain

Amazon cloud division, Amazon Web Services, says drone strikes damaged three of its facilities in the United Arab Emirates and Bahrain, causing outages and physical harm to critical infrastructure. The incidents occurred early Sunday, shortly after US and Israeli strikes targeted Iran. AWS initially reported that “objects” hit a UAE data centre, causing sparks and…

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Top SOEs See Profits Fall 15% to Rs622bn Amid Governance Failures

Top SOEs See Profits Fall 15% to Rs622bn Amid Governance Failures

ISLAMABAD: The combined profits of Pakistan’s top 15 state-owned enterprises (SOEs) declined by 15% in the last fiscal year, falling to Rs622 billion, as weak governance, ineffective boards, and delayed audits continued to undermine performance, according to a new report by the Ministry of Finance. The State-Owned Entities (SOEs) Report for FY2024–25, prepared by the…

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