Bloomberg Broadcom Ltd., whose chips are used in Apple Inc.’s iPhone and TV set- top boxes, agreed to buy Brocade Communications Systems Inc. for $5.9 billion including debt to capitalize on booming demand for cloud computing and the data centers that deliver it. Broadcom is acquiring Brocade for technology that links computer-storage systems and allows the fast transfer of …

  ABU DHABI / WAM The Ministry of Economy signed on Monday a memorandum of understanding (MoU) with the Hong Kong Trade Development Council (HKTDC) to promote trade, investment, innovation and enhancement of business environment. The deal was signed by Abdullah Al Saleh, Under-Secretary of the Ministry for Trade Affairs and Industry, and Margaret Fong, Executive Director of HKTDC. The …

  ABU DHABI / WAM A range of new services have been added to the Ministry of Human Resources and Emiratisation (MOHRE) smartphone application, as developed by the Ministry to meet customer demands. Mohammed bin Saqer Al Nuaimi, Acting Assistant Under-Secretary for Support Services at the Ministry, said, “What’s new is the addition of the services including bank guarantee retrieval, …