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Abu Dhabi breaks Guinness record for largest AR screen

Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi has just been awarded with the Guinness World Records title for the ‘Largest Augmented Reality (AR), Screen’, as part of a pioneering augmented-reality advertising campaign to promote the UAE capital as a world-leading holiday destination. The latest marketing campaign utilised the famous 40-foot digital billboard known as ...

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UAE banks’ investments hit $108b in November

ABU DHABI / WAM The UAE central bank revealed on Sunday that total banking investments reached AED396.2 billion ($107.86 billion) in November. According to banking indicators released by central bank, debt securities saw a jump of 16.7% year-to-date, with a total of AED245.4 billion. Bank deposits saw a rise of 4.6% year-on-year, with a total of AED1.8 trillion in November ...

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China to lower financing costs for private firms

Bloomberg China is taking a major step to open up sectors ranging from oil and gas to telecommunications and railways, easing market regulations and lowering financing costs for private companies. The government will offer more tax breaks and broaden incentives to more firms, according to a government statement published by the official Xinhua News Agency, which didn’t specify the industries. ...

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