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du, Chinese telecom firm sign network services pact

DUBAI / WAM UAE-based Emirates Integrated Telecommunication Company (du) has signed a network installation outsource for services (NIO) agreement with Ch-ina Communication Services International (CCS). The contract will enable CCS UAE to provide services for installation and maintenance works acr-oss du’s vast “Access and Transport Network”. Osman Sultan, CEO of du, said, “This contract signifies another bold step towards the ...

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Nasdaq Dubai sees $100b in Islamic finance deals

DUBAI / WAM Transactions on the Nasdaq Dubai Murabaha platform for Islamic financing have exceeded a total of $100 billion, reflecting its popularity with corporate and individual users. Established jointly by Nasdaq Dubai and Emirates Islamic, the platform meets needs ranging from funding for corporate growth and expansion to personal finance for retail customers. Transactions so far in 2018 have ...

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UAE, Ethiopia ink draft labour MoU

ADDIS ABABA / WAM The United Arab Emirates and the Federal Democratic Republic of Ethiopia have agreed on a draft MoU in the field of manpower and domestic aid workers. This came during a meeting involving delegates of the Ministry of Human Resources and Emiratisation and the Ethiopian Ministry of Labour that took place in the capital Addis Ababa in ...

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