News

ABU DHABI / WAM In yet another global breakthrough in the 5G journey, Etisalat achieved over 3.1Gbps download throughput over its 5G Stand Alone (SA), network. In October this year, Etisalat successfully completed the first end-to-end 5G SA call in the UAE, becoming the first operator globally to achieve this milestone. The new throughput record is a result of a ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has ordered the exemption of financially distressed citizens, whose monthly income is below AED15,000 and families of deceased citizens, from repaying the remainder of housing loans to the Sheikh Zayed Housing Programme. The order by His Highness ...

Abu Dhabi / Emirates Business Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister of the UAE, Minister of Presidential Affairs, and Chairman of Abu Dhabi Agriculture and Food Safety Authority (Adafsa), the third edition of Agriscape, the international exhibition dedicated to food security and agricultural investments abroad is set to kick off on ...

Sharjah / WAM Twenty-nine action and result-oriented workshops touching upon a diverse range of topics, and which seek to promote women’s economic participation and advancement across sectors, will be amongst the key highlights of the second edition of the Women’s Economic Empowerment Global Summit (WEEGS), to be held from December 10-11, at the Al Jawaher Reception and Convention Centre in Sharjah. ...

Dubai / WAM Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), an integrated free zone technology park, and Finsa, a Spanish industrial company, celebrated today the inauguration of Finsa Middle East’s new regional office at Dubai Digital Park in DSO. Dr Juma Al Matrooshi, Deputy CEO of DSOA, officially inaugurated the new office along with ...

Sharjah / WAM With the onset of the festival season, residents looking for best quality furniture and furnishing materials can bank on an upcoming consumer fair in Sharjah. Showcasing the widest range of products from fast-moving high-volume items to high-end designs, at bargain deals, the inaugural home furnishing exhibition “Furniture 360” will bring together leading brands and stores in the ...

Bloomberg India’s economy may be faltering, but its $2.1 trillion stock market has been powering to new highs as foreign investors pile into country’s shares, betting the worst may have already passed. Economic growth is at the lowest since before prime minister Narendra Modi came to power in 2014. The economy expanded 4.5% in July-September, slowing for a sixth straight ...

Bloomberg Bank of America Corp and Kotak Mahindra Capital Co are among banks Indian billionaire Radhakishan Damani picked for another planned stake sale in Avenue Supermarts Ltd, owner of the DMart brand, said people with knowledge of the matter. Damani selected the banks as he prepares to pare his stake in India’s largest listed retail chain by selling about 5.2% ...

Bloomberg Soybean futures climbed for the fourth straight day as officials signalled optimism that the US and China will reach a trade deal. China was processing applications for tariff waivers on imports of US soy, a procedural step that could set the stage for a broader agreement. The Asian nation is the top consumer of each commodity, and US shipments ...

Bloomberg Japan is looking to raise defence spending to a record 5.3 trillion yen ($49 billion) for the year starting on April 1, partly to develop a next-generation fighter jet, the Nikkei reported, without saying where it obtained the information. The amount compares with 5.26 trillion yen earmarked for defence for this fiscal year and includes more than 10 billion ...