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5G-enabled industry in UAE to reach $6.5bn

  ABU DHABI / Agencies In a new report from Ericsson, ICT players who leverage 5G to digitalize industries can capture business worth 6.5 billion US dollars by 2026 in UAE. The report is titled “The 5G business potential – Industry digitalization and the untapped oppor- tunities for operators” and it analyzes the 5G business opportunity that comes from industrial ...

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Infrastructure projects worth AED 410 million approved

  ABU DHABI / WAM The Follow up Committee of the Initiatives of the UAE President has approved a number of projects totalling AED410 million in implementation of the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the follow-up of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme ...

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FAB’s liquidity amounts to AED134.4bn

  ABU DHABI / WAM First Abu Dhabi bank’s liquidity surged to AED 134.4 billion during the Q1 2017 from AED130 billion by the end of 2016 as per the financial statements released by the new banking entity created after the merger of the National Bank of Abu Dhabi and First Gulf Bank. The considerable cash level reflects the high ...

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